London has regained the dubious distinction of being the most expensive city in the world in which to build. According to the latest Arcadis  International Construction Costs report, London has leapfrogged Geneva to once agains the top spot among 100 global cities. Prices were pushed upwards because of enhanced specifications associated with safety and sustainability,

Steelwork specialist Billington is launching into the bridge market after delivering a record financial performance last year. This morning Billington chief executive Mark Smith revealed the firm had saved the jobs of 14 staff from failed bridge and architectural specialist SH Structures. He said Billington would use the acquisition of specialist skills to take its

Staff at McGee are set for a bonus payout after profits doubled at the specialist engineering contractor. Latest results for the year to 30 November 2023 show pre-tax profits up to £12.4m from £6.1m last time on turnover up to £121.8m from £83.3m. Cash at the bank also increased to £14.6 million from £10.3m as

Business gas supplier and connections specialist Regent is buying building services contractor TClarke for £90m. The listed contractor confirmed the acquisition plan in a Stock Exchange announcement this morning and its directors will be recommending the deal to shareholders. The 160p-per-share offer represents a 28% premium to TClarke’s closing share price of 125p yesterday. TClarke

BAM Properties has got the nod from Leeds planners to build its 12-storey Latitude Yellow office scheme in the city centre. The 200,000 sq ft project will be located on the last remaining plot of the former Doncaster Monk Bridge Works off Whitehall Road in the established Leeds West End Business District. Work is understood