Costain is moving its headquarters from Maidenhead to the landmark ‘Can of Ham’ building in the heart of London’s Square Mile. Costain will occupy the 7th floor of 70 St Mary Axe as it increases its presence in the capital. The move is expected to complete in the second half of 2024, ramping up the firm’s

After almost three years of around-the-clock grind, tunnellers celebrated yesterday as HS2’s longest tunnel drive came to an end. The 17-strong crew working the enormous Florence TBM achieved an average speed of 16m a day on the 10-mile journey under the Chilterns. The 2,000-tonne TBM is one of 10 machines excavating the 32 miles of

Civils and construction specialist Careys has staged a major turnaround at its main contracting business which is back in the black. Latest accounts filed for parent company Araglin Holdings Ltd show the construction division made a profit of £9m for the year to 30 September 2023 compared to a £38m loss last time from a

Sir Robert McAlpine has appointed former Keltbray highways chief Vip Ghandi as its managing director of Transport. He worked for Keltbray for just over two years as managing director Highways & Renewables (Civils) before leaving at the end of 2023. Ghandi bring over 30 years experience having worked before that at civils contractor nmcn for

Student accommodation developer Unite is stepping up its development programme predicting a further surge in demand over the next decade. The firm said a decline in Houses in Multiple Occupancy supply over the last few years, driven by stricter renter reforms and higher mortgage costs, had provided fresh impetus to the purpose-built student accommodation sector.

Willmott Dixon has walked away from a major upgrade job at the Cliffs Pavilion theatre in Essex. Southend-on-Sea City Council confirmed Willmott Dixon as its chosen construction partner last July. The contractor signed a a pre-construction agreement with the council ahead of negotiating an agreed cost and works plan for the scheme with the deal

Network Rail has started the bidding for its latest major alliance deal to upgrade a series of rail lines and stations around Birmingham and nearby towns and cities. It is now on the hunt for partners to deliver the £1.4bn Midlands Rail Hub programme of major works across the West, Central and East Midlands. To

The firm behind zero-cement concrete brand Cemfree has gone into administration DB Group traded under the Cemfree brand and Pudlo waterproofing products. Administrators from BDO LLP took charge of the companies last week and the group has ceased to trade. Latest results for the year to December 31 2022 show DB Group had a turnover

The Government’s competition watchdog has launched an investigation into suspected breaches of competition law by the big eight house builders. The Competition and Markets Authority said it had uncovered evidence during a far-reaching study into housing market delivery that indicated some house builders may be sharing commercially sensitive information with their competitors. It added that