Housing association Sovereign Network Group has picked Vistry to deliver a flagship scheme of 575 new homes in Ealing, West London. This innovative scheme at Merrick Place in Ealing is worth £157m and will be made up of mixed-tenure homes along with commercial floorspace across four separate buildings. Now defunct Henry Construction had previously been
Student accommodation and private rental builder Watkin Jones returned to profit in the first six months of the year after a successful business restructure. This morning firm reported it was at last seeing an improvement in sentiment in the investment market bringing forward more opportunities. In the first half of the year, revenue rose 14%
North East building contractor Surgo Construction went into administration in March owing £4.48m. The scale of the firm’s debts were detailed in an update from administrator FRP Advisory posted at Companies House. Hundreds of subcontractors and suppliers were left holding unpaid invoices worth more than £1.2m with little chance of unsecured creditors receiving anything for
Volume house builder Bellway has appointed a new group construction director to oversee building practices and quality across its 21 operating divisions. James Griffin joined the industry as an apprentice in 1999 and worked for seven years as a bricklayer before joining the National House Building Council where he has worked for the last 17
Plans for Liverpool’s £100m Baltic station scheme have been revealed for public consultation ahead of planning being submitted. Subject to approval, it is expected work could begin on site in 2025, with the station planned for opening by the end of 2027. The new Merseyrail station is one of four planned by recently re-elected Liverpool
Aluminium cladding, doors and windows specialist RKN Aluminium has fallen into administration. The Melton Mowbray-based firm had recently moved into purpose-built premises and employed around 30 staff delivering a manufacturing and install service for contractors. It counted firms like VolkerFitzpatrick, Glencar and Ashe among its main contractor customers. RKN also worked closely with Bowmer &
The country’s largest integrated brickwork and scaffolding subcontractor Lee Marley Brickwork has returned to profit buoyed by larger multi-storey and complex projects. The brickwork specialist bounced back to a £2.8m pre-tax profit last year after a prior year loss of £2.2m in the face of wage and materials inflation. Revenue over the year to December
Heidelberg Materials UK has acquired south west aggregates recycling and earthworks contractor B&A Group. The move follows the recent acquisition of earthmoving and demolition waste recycling contractor Mick George Group by Heidelberg last month Bristol-based B&A employs a team of 70 and specialises in the supply of recycled and primary aggregate as well as site
South East housing contractor and developer Durkan suffered a second year of losses last year after further provisions for fire safety legacy work. Despite a 30% rise in revenue to £172m, the provisions and pressure on the housing market saw it suffer pre-tax losses of £3.9m in 2023, improved from a £9.3m loss in the
Rules requiring developers to deliver a 10% improvement in biodiversity from new building projects in England are flawed. According to a report today by the public spending watchdog, the Government’s scheme launched last February has serious operational shortcomings that could eventually undermine the flagship scheme. Under the rules, developers must now achieve a 10% uplift
