Will Ing | Construction News

Graham hails ‘strong performance’ as it repeats £1.1bn turnover

Will Ing — Fri, 19 Jul 2024 06:00:38 +0000

Graham has hailed its latest financial results as a “strong performance” after reporting almost identical revenue and profit figures to its previous year. The contractor’s turnover increased by 2.8 per cent to £1.13bn in the year to 31 March 2024, while its pre-tax profit slipped…

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Laing O’Rourke co-founder dies aged 75

Will Ing — Thu, 18 Jul 2024 14:09:32 +0000

Laing O’Rourke co-founder and deputy chair Des O’Rourke has died aged 75. O’Rourke died on Wednesday (17 July) following a brief illness, according to a statement published by the company. The statement said: “It is with deep sadness that Des O’Rourke’s family confirm his passing.…

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Blenheim House applies for administration

Will Ing — Tue, 16 Jul 2024 10:18:56 +0000

Blenheim House Construction has applied to enter administration after 28 years of trading. The Surrey-headquartered contractor turned over £86.6m and employed an average of 84 staff in the year to 30 April 2023. It specialises in refurbishment but has also built new housing, education and…

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‘A significant reversal of the law’: Supreme Court rules on collateral warranties

Will Ing — Thu, 11 Jul 2024 16:17:53 +0000

The Supreme Court has ruled that most collateral warranties are not construction contracts and therefore are not subject to adjudication. On Monday (8 July) the five Supreme Court judges unanimously found that Abbey Healthcare, the tenant of a 65-bedroom care home in north London, could…

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Crest Nicholson ‘minded’ to accept Bellway’s £720m takeover bid

Will Ing — Wed, 10 Jul 2024 14:43:52 +0000

Crest Nicholson looks set to merge with Bellway in a £720m takeover deal, after its management backed the latest proposal. The merger between Crest and Bellway, which have turnovers of £780m and £1.25bn respectively, would create further consolidation in the housebuilding sector - with two…

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Civils costs forecast to rise 14% in five years

Will Ing — Wed, 10 Jul 2024 11:10:18 +0000

Civil engineering costs will rise by 14 per cent over the next five years, according to forecast data from the Building Cost Information Service (BCIS). The data company said tender prices for civil jobs will also increase by 22 per cent over the same period…

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HG Construction to build 37-storey Manchester tower

Will Ing — Tue, 09 Jul 2024 16:14:11 +0000

HG Construction has been picked to build a 37-storey student accommodation scheme in Manchester. The Hertfordshire-based contractor will deliver 1,014 student rooms across One Medlock Street, a new student scheme set to be delivered in Deansgate, south of Manchester’s city centre. The scheme is being…

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Housing ministry renamed as levelling up ‘gimmick’ dropped

Will Ing — Tue, 09 Jul 2024 11:30:32 +0000

The new government has announced it is dropping ‘levelling up’ from the name of the housing department. Deputy prime minister and housing secretary Angela Rayner told staff at the department of the name change on Monday (8 July) as she pledged: “No more gimmicks.” …

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Scottish housebuilder fined after worker death

Will Ing — Tue, 09 Jul 2024 10:45:17 +0000

Avant Homes (Scotland) Ltd has been fined £333,000 after a man was crushed by falling concrete blocks on a site in South Lanarkshire. Conor Joseph Morgan was an HGV driver delivering materials to Shott Farm in High Blantyre, a site overseen by Avant Homes (Scotland)…

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Output rises again in June despite housing drop-off

Will Ing — Thu, 04 Jul 2024 11:13:27 +0000

UK construction activity grew for the fourth consecutive month in June, according to a leading metric. The industry registered activity of 52.2 on the S&P Global UK Construction Purchase Manager’s Index (PMI) last month – above the no-change mark of 50. S&P said the reading…

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