Liquidators handling the fallout from the collapse of demolition specialist Squibb Group have discovered more than £2m of plant and equipment is missing from the firm’s sites. Before Squibb went under late last year it tried to strike a Company Voluntary Arrangement with its creditors. In the CVA proposal it was estimated the company owned
No charges will be made against companies or individuals involved in the Grenfell Tower fire until late 2026 at the earliest. The Metropolitan Police have issued an update into the investigation into the tragedy in June 17 which it described as “one of the largest and most complex” ever undertaken by the Met. A team
Developer Helical has confirmed Mace as the main contractor on the redevelopment of a City of London office at 100 New Bridge Street, next to Ludgate Circus. Located adjacent to City Thameslink station, the 1990s office building will be renovated to create 200,000 sq ft of space in a project understood to be worth towards
The Government has selected Wylfa on Anglesey as the preferred site for the next large-scale nuclear power plant after Sizewell C. The site was bought by ministers for £160m from previous developers Hitachi who abandoned plans for a new reactor in 2019. The government is exploring building a gigawatt-scale nuclear power station, similar in scale to Hinkley
Sheffield based A Catlow Civil Engineering Ltd has filed a notice of intention to appoint an administrator. The specialist contractor works with clients throughout the UK and Ireland providing civil engineering and high voltage cabling services. Its client base includes leading utility companies and many civil engineering firms. A Catlow has been in business
Derby-based building contractor Bowmer & Kirkland saw profit slide in a challenging year of subcontractor insolvencies and tricky jobs. The building arm was supported by developer Peveril Securities which made a strong contribution to group profits in the year to August 2023. Revenue over the year rose 8% to £1.24bn but inflationary pressure and market
Piling specialist Van Elle is planning further wave of job cuts and cost-saving measures as it faces lower levels of demand from housing and infrastructure. In a year-end trading statement this morning, chief executive Mark Cutler said revenue would be 6% down on the previous year at £140m, including five months contribution from the acquisition
The start of main construction works for the £1.7bn A303 Amesbury to Berwick Down upgrade including a tunnel near the historic Stonehenge site has been hit by another legal delay. National Highways chiefs hoped the long running planning saga was over when a High Court judge dismissed a challenge to the scheme by campaigners in
Labour aims to deliver 40% affordable homes in a next generation of new towns, if it wins power, Shadow housing secretary and deputy Labour leader Angela Rayner pledged to work with the private sector to build “new towns” aimed at meeting a commitment to construct 1.5m new homes over five years. She said the party
Network Rail Property has submitted an outline masterplan to regenerate 30 acres of brownfield land at Bow Goods Yard on the Olympic Park in East London. The scheme will deliver London’s largest integrated construction rail freight logistics hub capable of transporting 3.5m tonnes of materials to and from the site every year. Bow Goods Yard
