NEWS

At Stride we like to keep up to date with current industry news and trends within the Built Environment sector. We regularly source relevant and topical articles for you to view conveniently here at Stride.

Amey poaches Carillion regional director

Carillion’s regional director for the South-east, Ray Jones, has left the contractor to join Amey. 

Fresh setback for £40m Salford Central station upgrade

A £40m upgrade to Salford Central railway station has been pushed back further, with works unlikely to start until 2018 at the earliest.

Hinkley Point C workers balloted over strike action

Workers at the £18bn Hinkley Point C nuclear power plant could be set to strike after unions rejected a fresh pay offer.

Robertson chief: Grenfell has put onus on quality

Robertson Group chief executive Bill Robertson has said the industry has a duty to speak out on quality issues in the aftermath of the Grenfell tragedy and Edinburgh schools fiasco. 

Argent construction boss exits to launch own firm

Argent construction director Phil Sullivan is leaving after 10 years at the property developer, Construction News can reveal.

Project starts drop 10% over summer

The number of construction project starts during the summer dropped by 10 per cent since the same period last year, new research has revealed.

Skanska UK's profit falls 44% as margin halves

Skanska UK’s pre-tax profit margin has slipped from 3 per cent to 1.5 per cent in its latest full-year results.

Kier returns to profit despite construction losses

Kier has returned to profit in its full-year results despite its construction division slumping to a £5m loss.

Welsh contractor owed £5m before liquidation

Welsh contractor Contract Services owed its creditors nearly £5m before it entered liquidation last month, it has emerged. 

Civils contractors vote in favour of CITB

Civils contractors have voted resoundingly in support of the continuation of the CITB for the next three years, following a survey of its members.

BRE urges action on modern slavery after Theresa May call

The BRE has welcomed Theresa May’s bid to crackdown on modern slavery after the government released a white paper on how the construction industry can tackle the issue. 

HS2 appoints former Mace exec to lead phase two

HS2 has appointed a former Mace operations director as its managing director for phase two of the £55bn project.

Alun Griffiths turnover tops £150m as profit doubles

Welsh civils contractor Alun Griffiths has seen pre-tax profit double and has reported a 47 per cent increase in turnover in its latest financial results.

Mitie turnaround costs jump as 480 jobs to be cut

Mitie’s transformation plan has seen costs increase by 60 per cent, while the company has also put its property management arm up for sale.

Tier one contractors 'no longer in control'

The woes of tier one contractors demonstrate that the industry is “systemically broken” as subcontractors “call the shots”, according to the author of the government-commissioned Modernise or Die report. 

Arcadis picked to develop A66 TransPennine scheme

Arcadis has scooped a two-year contract to develop proposals for the A66 Northern TransPennine scheme.

Hounslow director to advise Willmott Dixon resi arm

Willmott Dixon has appointed a new strategic consultant for its residential property development arm, Be Living, to expand its private sale and build-to-rent business.

Billington brings subbie work in-house as Brexit provides boost

Structural steel specialist Billington will bring work it has been subcontracting back in-house when it opens a new manufacturing facility next year.

Analysts double revenue forecasts at Speedy for 2018

City analysts have doubled their revenue expectations for Speedy after the hire firm posted a 7.5 per cent increase in revenue over six months to 31 August.

SBS to cut turnover by 60% after exiting administration

A director at building services firm SBS, which was rescued from administration last month, has said the firm will cut turnover by 60 per cent and become “less top-heavy”.

Harbur collapse: New teams brought in to finish projects

Eric Wright Group is among the contractors to take on projects from Harbur Construction after its collapse in April this year.

CN mental health campaign shortlisted for national award

The Construction News mental health campaign, Mind Matters, has been shortlisted for a prestigious national award.

Building services firm owed £2.9m before management buy-out

Selwyn Building Services owed creditors nearly £2.9m when it entered administration last month before a £65k management buy-out.

Network Rail promises private funding project pipeline by December

The boss of Network Rail has promised to publish a pipeline of potential privately funded projects by December, as part of a raft of changes to attract more private money into the nation’s railways.

Murphy sells stake in Australian JV

Murphy has sold its 50 per cent stake in its Australian pipeline construction business Murphy Pipe and Civil (MPC).

Beijing bans winter construction work to tackle pollution

A ban on construction work in Beijing during the winter is being enforced in a bid to tackle the city’s pollution problems, official media has said.

Crewe town centre regen gets £7.6m boost

Cheshire East Council is due to invest an additional £7.6m in the regeneration of Crewe town centre.

Interserve names new chief financial officer

Interserve has appointed a new chief financial officer after Tim Haywood left the company in June.

Osborne lined up for first phase of £42m Stockport interchange

Osborne is in line to deliver the first phase of a major overhaul of Stockport bus interchange.

CITB future gets boost after Balfour Beatty u-turn

Balfour Beatty will now vote in favour of the continuation of the CITB, reversing its claim last month that it had “little basis for confidence” in the organisation to help meet skills demands.

British Land gets green light for £300m Meadowhall expansion

British Land has been given the go-ahead to start its £300m extension of Sheffield’s Meadowhall shopping centre.

Eric Wright hit with £1.4m loss after PFI project delays

Eric Wright Construction has posted a £1.4m loss after delays to two major PFI projects.

Adonis blasts airport policy as 'national disgrace'

The UK’s airport policy is a “national disgrace” said National Infrastructure Commission chairman Lord Adonis, slamming the likelihood that a final government decision on Heathrow expansion next year is “no more than 50/50”. 

Crossrail 2 boss in fresh plea for project sign-off

Crossrail 2’s boss has urged the government to give a final decision on the £30bn project “pretty soon” to ensure the line can be built within the next 15 years. 

UK firms among Hyperloop ideas competition winners

Two UK teams have won places on the Hyperloop One Global Challenge ideas competition.

Ex-Balfour boss: Grenfell inquiry could show 'failings at every level'

The former UK boss of Balfour Beatty has said he expects the Grenfell inquiry to find mistakes from the bottom to the top and that it will cause the construction industry to become “very introspective”. 

Grenfell judge vows to pursue all avenues in inquiry

The head of the public inquiry into the Grenfell fire has vowed to pursue all avenues of enquiry that he deems relevant in the investigation into the causes of the tragedy, even if his recommendations could be used as the basis for future criminal prosecutions.

FCC Construction chief promoted to group CEO

FCC Group has appointed Pablo Colio as its new chief executive.

Sajid Javid throws out 700-home South London scheme

Communities secretary Sajid Javid has thrown out plans for 700 new homes in South London after finding “serious deficiencies” in the mixed-use development.

Interserve shares slump 50% after profit warning

Shares in Interserve have fallen by more than 50 per cent in morning trading after the firm posted a further profit warning linked to problems from its energy-from-waste scheme.

Delayed Hochtief road scheme to open in October

The Broughton Bypass, a £32m road scheme near Preston, is due to complete in October after months of delay.

Interserve in fresh profit warning as EfW costs spiral

Interserve has warned that costs from its problem energy-from-waste contracts will “significantly exceed” £160m.

Bouygues UK chief operating officer departs

Bouygues UK’s chief operating officer Craig Tatton has left the company, Construction News can reveal.

Carillion tightens rules to protect executive bonuses

Carillion has made amendments to rules that previously allowed investors to claw back bonuses awarded to the contractor’s top executives, it has emerged.  

Galliford Try boss raises doubts over 5% margin target

Galliford Try’s construction boss has said hitting a 5 per cent profit margin would require a “quantum change” in the industry.

Galliford Try to quit large infrastructure after construction woes

Galliford Try will shy away from major infrastructure after its construction arm recorded a -5.9 per cent profit margin due to a £98m exceptional charge on legacy contracts.

Tom Fitzpatrick named editor of Construction News

Tom Fitzpatrick has been appointed as permanent editor of Construction News.

Payment dispute forces Power One into administration

Scottish subcontractor Power One has appointed administrators after suffering cashflow issues as a result of a payment dispute with Galliford Try.  

Arcadis: UK must 'double' infrastructure output

Arcadis has said the UK must double spending on infrastructure and scale up to cope with “unprecedented” demand over the coming decade.

Post-Grenfell safety measures lead to construction hiring spree

A surge in demand for construction workers in the aftermath of the Grenfell tragedy has seen the sector post its sharpest rise in hiring for 12 years according to a new report by recruitment firm Manpower.

Developer starts race for £150m Salford towers

Developer Mount Property Group has penned in a start date next year for a £150m four-tower scheme in Salford.

Lord Blunkett: Government must 'pull its finger out' on skills

Former home secretary Lord Blunkett has vowed to force the government to “pull its finger out” on skills to prevent a labour shortage for the UK’s major infrastructure projects. 

Botched demolition cost J Bryan £600,000 before administration

Collapsed demolition firm J Bryan was hit with £600,000 in costs over a botched job before its administration.

Dawnus returns to profit after £9m loss in 2015

Swansea-based contractor Dawnus has returned to profit in its latest full-year results.

Stonehenge tunnel faces further revisions

The government has moved the route of the Stonehenge tunnel after more than 9,000 people responded to a consultation.

Highways England appoints Viridor director as non-exec

Highways England has appointed Viridor’s head of capital projects and engineering as a new non-executive director.

Murphy JV scoops role on £5.7bn Canadian pipeline project

Murphy has scooped work as part of a JV on a $7.6bn (£5.76bn) infrastructure project in Canada.

HS2 snaps up homes on new Yorkshire housing estate

HS2 has bought 30 homes on a newly built housing estate in Yorkshire on the route of the proposed high-speed rail line for an undisclosed fee.

Dong Energy wins backing for world's biggest offshore wind farm

Dong Energy has been given backing from the Department for Business, Energy and Industrial Strategy to forge ahead with its mammoth 1,386 MWh wind farm off the Yorkshire coast.

Housebuilder Springfield announces stock market float

Scottish housebuilder Springfield Properties has announced its intention to float on the London Stock Exchange.

Carillion finance chief exits amid major shake-up

Troubled Carillion has revealed a major shake-up of its executive team, including the departure of its finance chief Zafar Khan with immediate effect. 

Shadow mental health minister demands action plan for construction

Shadow cabinet minister for mental health Barbara Keeley has urged government to act after “disturbing” new research into mental health in the construction industry.

SCX appointed to deliver Spurs stadium retractable pitch

Sheffield-based specialist SCX has been appointed to deliver a three-part retractable grass pitch for Tottenham Hotspur’s new £800m, 61,000-seater stadium.

Carillion hires new PR firm after dumping Bell Pottinger

Carillion has hired Teneo Blue Rubicon to handle its financial PR after cutting ties with troubled PR giant Bell Pottinger. 

ONS: New orders plummet at fastest rate since 2014

New orders in the construction industry have fallen at their fastest quarterly rate for three years, according to the Office for National Statistics.

Heathrow runway debate reopened with fresh consultation

Transport minister Chris Grayling has reopened the debate over the future of Heathrow’s third runway with a new consultation on the plans.

Scottish construction MD resigns from CITB role

The boss of a Scottish construction firm has resigned from the CITB following a disagreement over a new apprenticeship framework.

Liverpool FC's £50m training complex gets green light

A £50m redevelopment and expansion of Liverpool FC’s training ground has been granted outline planning approval.

Government accused of putting £1.3bn tidal lagoon 'at risk'

The government has been accused of putting the future of the £1.3bn Swansea tidal lagoon at risk by failing to publish its response to the Hendry Review on tidal power.

Mayor of London calls for UK-wide infrastructure boost

The mayor of London Sadiq Khan has called for a major increase in infrastructure spending across the UK to mitigate the effects of Brexit.

McAlpine boss: Blacklisting has 'no place' at SRM

Sir Robert McAlpine boss Paul Hamer has said blacklisting “has no place now or in the future” at his firm.  

Carillion MD joins Forrest as new CEO

Forrest has appointed a senior Carillion executive, Mark Nicholson, as its new CEO. 

Shocking mental health stats uncovered in construction survey

A quarter of construction workers are considering leaving the industry within the next 12 months due to poor mental health, new research shows.

Leaked Brexit immigration report prompts industry uproar

Construction industry bodies have raised concerns over a leaked Home Office report outlining plans to reduce immigration, particularly in low-skilled roles, after the UK leaves the European Union.

Harworth plots second Logistics North commercial hub

Developer Harworth Group is plotting a second major logistics and commercial hub in the North-west after the success of its Logistics North scheme near Bolton, Construction News can reveal.

Sadiq Khan vows to tackle industry skills gap and boost image

London mayor Sadiq Khan has vowed to help tackle the industry’s skills gap, including opening a construction academy, as part of his bid to address the capital’s housing crisis. 

Arcadis poaches head of digital from Aecom

Arcadis has pinched its new head of digital from engineering giant Aecom to develop its digital strategy.

Nine out of 10 towers fail cladding safety tests

Less than 10 per cent of high-rise social housing blocks fitted with cladding have been deemed as safe, the Department for Communities and Local Government has revealed.

Crossrail says 'no evidence' of blacklisting despite MP's claim

Crossrail has spoken out after former shadow business secretary Chuka Umunna claimed he has evidence of blacklisting being used on the £15bn rail project. 

Carillion dumps Bell Pottinger as PR advisers

Carillion has cut ties with scandal-hit Bell Pottinger as the public relations firm faces a backlash from its controversial activities in South Africa.  

CONTACT US