Tom O’Brien, director, O’Brien Contractors, reflects on the construction commitments made in last week’s Autumn Budget and why these need to go further.
The West Midlands saw a 33% rise in affordable homes completed during the last year, making it nearly three times ahead of the national average increase.
McLaren Construction has been selected by mixed-use developer First Base and Patron Capital to deliver the £120m redevelopment of the former Amex House in Brighton.
A group of housing associations responsible for almost 600,000 homes have pledged to form a “united front” with London councils to build more affordable homes and launch a new assault on the housing crisis.
Waste company Viridor has said it expects to receive at least £64m from Interserve for remedial works on its Glasgow recycling and renewable energy facility.
Bouygues UK has appointed Mick George to commence enabling works on its £250m contract for the new University of Cambridge Cavendish III physics laboratory.
The Royal Academy of Engineering Enterprise Hub has announced that the inventor of a wood substitute building product made from industrial potato waste has been awarded the UK’s most promising young engineering entrepreneur.
Shares in Interserve fell 7% on 23 November after the contractor said debts this year would be higher than previously expected, reigniting doubts about the financial health of the firm.
The Government is backing greater use of digital manufacturing processes to deliver its £600bn investment in the UK’s roads, hospitals and schools over the next decade.
The value of new construction contracts in October hit £5.4bn, a 3.8% decrease compared to September, as housebuilding continues to prop up the sector with £2bn worth of contract value.