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Henry collapse drops bomb in bonding market

The collapse of Henry Construction has triggered a serious bonding crunch for contractors. Some bond providers are warning firms will now find it much more difficult and costly to raise bonds as a result of the fallout. Surety capacity is being constrained as providers seek to manage risk, and brokers now warn that contractors with

Multiplex and Murphy top June contracts league

Multiplex and Murphy shared the honours in the contracts league rankings for orders taken in June after both firms bagged a project estimated to be worth £200m. Murphy took the contract to build a £200m station in south Cambridge for the East-West Rail line. Enabling works are underway at the site located next to the

Renaker submits £300m plan for Manchester’s tallest tower

Manchester developer and builder Ranaker has submitted plans for the city’s tallest tower containing over 640 flats. The 71-storey tower, already nicknamed the ‘Lighthouse’ because of its distinctive lantern-style glazing on the upper six floors, will top out Ranaker’s Great Jackson Street cluster. Designed by SimpsonHaugh Architects, the 213m tall skyscraper will feature a public

45 construction workers killed on site last year

Forty-five construction workers were killed in site accidents last year according to the latest official figures from the Health and Safety Executive. The figure is sharply up on last year’s 29 fatalities and higher than the five-year average of 37 annual deaths. Construction made up a third of the 135 workers killed in work-related accidents

How Much Does it Cost to Build a 30×60 Metal Building?

Whether you are looking to build a new storage building on your property or a personal workspace for your side business, a 30×60 metal building kit is the way to go. Metal building kits come pre-fabricated, which means you will save money on labor costs. Additionally, when you choose a metal building over wood, you

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