High Costs Impact Construction Sector Growth, Says PMI
October saw a dip in construction output due to high borrowing costs.The Construction PMI showed a decline to 54.3 from September's 57.2.Despite the slowdown, the output remains above the 2024…
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Barratt Advocates Rethink on ‘Greybelt’ Affordable Housing Plan
The UK government plans to release greenbelt land for housing, with an emphasis on low-quality 'greybelt' areas.Barratt Redrow supports the initiative but suggests changes to the requirement that 50% of…
Multiplex Leads October’s Construction Rankings
Two major projects secured Multiplex's top position in October.The £500m Project Vista in London contributed significantly.University of Glasgow's £300m Keystone Building also played a key role.Morgan Sindall secured second place…
Speedy Freight Unveils £2m Investment in Speedy Fulfil
Speedy Freight has launched a new fulfilment service called Speedy Fulfil.The company invested £2m in this new venture.Speedy Fulfil integrates e-commerce with multi-carrier dispatch capabilities.The service offers personalised inventory and…
London’s £1bn Low-Carbon Heat Network Initiative
Vital Energi and Hemiko have formed a joint venture to deliver a £1bn heat distribution system in London.This network, named the South Westminster Area Network, will harness waste heat from…
Wates Appoints New Residential Managing Director
Wates has appointed Phillippa Prongué as their new executive managing director of the residential division, succeeding Helen Bunch.Phillippa Prongué moves from Bouygues UK, where she served as managing director for…
NatWest and Capco partner to navigate the future of payments
NatWest Bankline Direct Digital solution enhances UK and European payment scheme connectivity and compliance for large Corporates and Financial Institutions NatWest has partnered with Capco, the global management and technology…
Major Overhaul Planned for Interstate 35 in Austin, Texas
Balfour Beatty has received a £575 million contract to significantly upgrade a section of Interstate 35 in Austin, Texas.The project, awarded by the Texas Department of Transportation, covers a 4km…
Construction Firm Penalised After Worker Tragically Injured
A significant safety oversight led to a life-changing accident for a construction worker.Andrew Clifford fell from a height while working alone, leading to paralysis.The contractor, Paul Freeman Ltd, was fined…
TIGA research reveals UK games dev sector continues to grow, despite global sector downturn
TIGA’s Making Games in the UK 2024 report reveals that UK development sector grew 4.8 per cent despite global sector downturn, led by large console studios in London, North East…
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