City

Saint-Gobain buys Celotex

French building materials giant Saint-Gobain has agreed to buy Celotex – a UK company which produces high performance insulating foam.

Ascot Environmental in administration

Ascot Environmental, the Radcliffe-based contractor which specialised in waste and environmental schemes, has been placed into administration.

Barnfield Construction secures work that will double turnover in 2012

After a flurry of contracts won in the first quarter of 2012, Barnfield Construction is on its way to developing over 1¼m sq ft of industrial space in the next 12 months.

Balfour Beatty signs £850m credit facility

Balfour Beatty has put in place a five-year £850m syndicated revolving credit facility from a number of leading international financial institutions.

Construction orders at lowest level since 1980

The volume of new construction orders has fallen to its lowest level since 1980, according to official statistics out today.

Construction companies remain cautious over future growth

UK construction businesses remain relatively guarded about their long-term growth prospects, according to research from Santander Corporate Banking.

Mid-sized construction firms hardest hit

Mid-sized construction companies have been hardest hit since 2007, according to global information services company Experian.

Balfour Beatty tops contractor league

Figures compiled by construction information specialist Glenigan suggest that Balfour Beatty is holding its share of UK markets, despite growing competition from smaller rivals.

Construction administrations fall

The number of administrations in the construction sector fell 16% from 101 to 85 in the second quarter of the year, curbing the rising trend of the previous three quarters, and returning to the level seen at the same time last year.

Construction records "solid" month

Continued growth in new orders helped the construction sector record a "solid" increase in activity during July.

Gilling Dod wins Blackpool hospital

Gilling Dod Architects has been selected to design a new mental health unit in Blackpool for Lancashire Care NHS Foundation Trust.

Construction starts fall 24%

The underlying value of UK construction project starts was 24% lower for the three months to June compared to the same period in 2010, according to the latest data from construction industry analyst Glenigan.

Taylor Wimpey completes sale of its North American business

Taylor Wimpey has completed the sale of its North American division for $1.2bn (£744m) to TMM Holdings, after the housebuilder was granted regulatory and governmental approvals.

Construction industry must build for the future, says PwC

New insolvency data from PwC has confirmed that manufacturing and construction have been the hardest hit sectors since 2009 although did fare slightly better in Q2 2011 than Q1.

Speedy Hire announces new banking facility

Speedy Hire has announced the signing of a new £220m asset based revolving credit agreement with a syndicate of six banks to replace its existing £210m cash flow based loan facility, which was due to mature in June 2012.

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Features

2017-05-31 13:33

The rate of Insurance Premium Tax (IPT) will rise by two per cent on June 1 to 12 per cent on all non-exempt transactions. Martin Bennison, managing director at construction finance firm Ultimate Finance, explains what this means for UK construction companies.

2017-05-25 08:41

Building Information Modelling (BIM) is growing in popularity and is now mandatory for centrally funded public-sector projects. Experts and the curious are gathering more and more frequently at dedicated congresses, exhibitions and workshops. Many people are now asking: Where does the UK stand on the issue of BIM and the digitisation of the construction industry?

2017-05-10 10:47

Opening site doors to more females is vital to plugging the construction skills gap, reports Claire Cameron

THE construction industry continues to be plagued by a well-documented skills gap with some suggesting the shortage could get worse before it gets better.

2017-05-08 14:27

If you work on a building site, are self-employed or have a zero-hours contract, you might be surprised to know you work in the ”gig economy”. This is the economy characterised by temporary work and irregular hours, pay and working conditions.

2017-03-29 10:31

Jeremy Gould, VP sales Europe, TomTom Telematics, discusses how technological developments in vehicle telematics have opened up new workflow management possibilities for the construction industry

2017-03-21 09:31

With the demand of oil increasing, it’s estimated that the Earth will reach its full capacity for oil consumption at some point within the next 20 years. This is despite the production of oil decreasing, and the construction industry is no exception to this, reports Niftylift.

2017-03-17 10:55

With construction firms leading the way in drone technology, Claire Cameron takes a closer look at how unmanned aerial vehicles (UAVs) can be used onsite

2017-03-07 16:20

While the physical safety of workers is prioritised on construction sites, mental health is often overlooked, reports Claire Cameron

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