Construction growth softens amid slowing house-building
June 2024 saw a continued increase in construction activity although at a reduced pace compared to May.The S&P Global UK Construction PMI fell from 54.7 in May to 52.2 in…
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New car sales pass 1 million at half year
Sales of new cars in the UK have exceeded one million for the first six months of the year, for the first time since before the pandemic. From January to…
Cartken Raises $22.5 Million for Advancements in Autonomous Delivery Robots
Cartken, a prominent developer of AI-powered autonomous delivery robots, recently secured an additional $10 million in funding, raising their total to $22.5 million. This investment round was driven by leading…
Challenges in eTendering Impacting Construction Efficiency
In construction, eTendering platforms are now standard, yet they bring significant challenges.These platforms promise better efficiency but often fail in tender management and compliance.Discrepancies in these systems lead to increased…
Citibox Secures €80M to Expand Smart Mailbox Network Across Spain
Citibox, a Spanish company revolutionising urban delivery solutions, has successfully secured €80 million in debt funding. The funding will empower Citibox to enhance its network of smart mailboxes across Spain.Collaborating…
Multiplex Rises to Top of June’s Construction League
Multiplex reclaims top position in monthly construction contracts league thanks to a landmark project.The £480m Fifty Fenchurch Street skyscraper propels Multiplex to leadership in June.Family-run Bowmer & Kirkland secures second…
New Contractor Takes Over Stalled Housing Project
Midlands-based Morro Partnerships has been appointed as the new contractor for a housing scheme in Nottingham that was stalled due to Ilke Homes' administration.The Birch Fields project, valued at £20.6…
OroraTech Secures €20 Million for Wildfire Detection System in Greece
OroraTech, a leader in thermal intelligence, has secured €20 million from the Greek Ministry of Digital Governance. This funding is critical for developing a satellite-based system to detect and manage…
Norwegian Adjusts Profit Predictions Amid Economic Challenges
The Norwegian Air group has revised its profit forecasts for 2024 due to several economic pressures. This decision is attributed to a combination of factors impacting their financial outlook.Among these…
Council Penalised for Neglecting Tool Training
A significant penalty has been imposed on West Sussex County Council following a severe safety incident.Adi Soday, a technician, suffered a life-changing injury due to inadequate machinery training.Regulatory failures led…
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