Construction training body CITB is sitting on a £100m cash pile despite the industry’s ongoing skills crisis. The £102.6m of current assets in the bank are detailed in the CITB’s latest set of accounts for the year to March 31 2023 which were published recently. The training body is funded mainly be levy income from

A construction company in Kent has been fined £25,000 and ordered to pay £83,842.34 in costs after after a subcontractor fell and died from his injuries. Mark Tolley, 51, fell nearly two metres through an opening in a scaffold on 5 July 2017 while working on the construction of six houses on Smarden Road in

Halton Borough Council is now insisting that all main contractors bidding to win work from it have to “include a scored statement around mental health well being amongst all staff and subcontractors as part of the process.” The council near Liverpool said it is the first local authority in the country to mandate mental health

Crest Nicholson has discovered build defects on another four completed sites which could cost the company £15m. The house builder revealed another set of legacy contract problems in a trading update to the city this morning. It said: “Since the publication of the FY23 results, the Group has become aware of certain build defects predominantly

Alucraft Systems Ltd had filed a notice of intention to appoint an administrator. The Staffordshire based cladding specialist started its highest-profile project to date last May to deliver the curtain walling, aluminium rainscreen and composite cladding to the new Everton Football Stadium. An update shared by the company on social media last month showed the

Beard has reported its biggest year of sales in its 131-year history, with turnover rising 9% to hit £179m. The improvement in sales in the year ending 31 December 2023 also restored pre-tax profits to £4.3m after a dip in the prior year. Presently Beard is on an expansion push securing places on local and

Cardiff City Council is set to approve plans for a £25m post-Grenfell recladding job on two tower blocks in Butetown. These two blocks – Nelson House and Loudoun House – will mark the start of phase two of the council’s recladding and improvement works programme. It aims to appoint a contractor through a mini competition

The Housing Secretary Michael Gove has taken the unusual step of intervening in the London Plan to boost housing delivery in the capital. He has called on the Capital’s Mayor to review the London plan with view to releasing over 700 hectares of industrial land and relaunching opportunity areas. The Government has also called up

Permasteelisa Group has won a £35m contract to deliver the glazing and cladding at the St John’s Wood Square luxury residential scheme in central London. The £400m project involves redevelopment of the 5.5-acre former St John’s Wood Barracks, previously occupied by the King’s Troop, Royal Horse Artillery. McGee is currently on site overseeing piling, excavation,

M&G Investments has injected another £30m of funding into Greencore Homes. The house builder specialises in constructing low carbon homes using timber frame panels manufactured at its factory in Bicester. M&G acquired a majority stake in the firm in 2022 for £15m. Latest accounts for Greencore for the year to May 31 2023 show a