Sir Robert McAlpine slumped to £110m operating loss and tumbled below £1bn revenue in a torrid year to October 2023. The extent of contract losses emerged after assessing end-of-life positions of price-based contracts, which completed in 2023 or are due to complete in 2024. Revenue also fell 19% to £881m amid a slowdown in the

Taylor Wimpey has been forced to increase provisions for expected fire safety work after an escalation in costs on recent tenders. The house builder had previously set aside £245m to cover the full fire safety remediation of its building portfolio. But this morning Taylor Wimpey said the expected cost had now soared by over a

Permasteelisa Group has been appointed by Multiplex to deliver the bespoke curtain wall of the new Holborn Viaduct building in the City of London. The design phase is currently ongoing at Permasteelisa’s design centre in Italy, where the bespoke elements of the façade will also be assembled in its specialist manufacturing facility. The installation phase

Berkeley Homes is returning to the land buying market after more than a two-and-a-half-year pause. Famed for its track record of calling the house market correctly, Berkeley said it had taken the decision to restock land as part of a series of measures to rise to the new Government’s challenge to build more homes. Chief executive Rob

Deputy Prime Minister Angela Rayner has announced a set of radical reforms to overhaul the planning system and set new, mandatory housing targets to pave the way to deliver 1.5m more homes. The government shake-up of planning rules could see councils in England forced to build on low-quality green belt sites to meet mandatory house