Archive for February, 2017

Royal Assent granted for Phase 1 of HS2

Royal Assent granted for Phase 1 of HS2

23/02/17

Royal Assent has been granted for Phase 1 of HS2, marking another significant milestone for High Speed Rail in Britain. High Speed Rail Industry Leaders welcomed apprentices from across our membership as they joined Transport Minister Andrew Jones MP to say ‘We’re HS2 ready!’ HS2 will be the biggest investment in our skills base in […]

TfL continues procurement shift towards subcontractors

TfL continues procurement shift towards subcontractors

21/02/17

Transport for London is set to hire a raft of ten design consultants in a bid to reduce construction costs on station upgrades by working directly with more subcontractors. The move is a significant shift away from the traditional design and build model where the main contractor works up designs produced by TfL. Tfl is […]

Green light for landmark Earls Court buildings

Green light for landmark Earls Court buildings

15/02/17

Developer Capital & Counties Properties has received the green light for detailed design of two gateway buildings for the redevelopment of the Earls Court exhibition complex in west London. Planners at Kensington and Chelsea Council gave the thumbs up to the 139,000 sq ft Exhibition Square plans include two buildings designed by architect KPF creating hotel and […]

Dozen top contractors owed £1bn in retentions

Dozen top contractors owed £1bn in retentions

15/02/17

The country’s top contractors are owed over £1bn in cash retentions from public and private sector clients. But subcontractors and suppliers are footing at least £800m of the bill, according to new research into company accounts by subcontractor body, the Specialist Engineering Contractors’ Group. One major builder’s accounts even showed that it had withheld 1.5 times more in retention from […]

Balfour Beatty sounds warning over Brexit skills crisis

Balfour Beatty sounds warning over Brexit skills crisis

09/02/17

Balfour Beatty has highlighted the potential impact of a “Hard Brexit” on industry skills. The contracting giant published a paper today on the future of the rail industry. And it revealed how more than 10% of Balfour’s current workforce hold non-British EU passports and around 11% of new recruits in 2016 held non-British EU passports. […]

Construction employment levels set to top 2.6 million

Construction employment levels set to top 2.6 million

08/02/17

The number of people employed in construction is set to top 2.6m this year as the industry continues on its upward trajectory. The latest Construction Skills Network report from the CITB predicts growth of 1.7% over the next five years, with 179,000 jobs to be created. But the positive figures are heavily dependent on three […]

Quintain launches London’s largest build to rent site

Quintain launches London’s largest build to rent site

07/02/17

Quintain is set to transform Wembley Park into the largest build to rent development site in the UK The developer has revealed a construction programme for 5,000 PRS homes around the National Stadium Funding and planning is in place and Quintain said “construction will also be at a pace not seen at any other major […]

Lendlease set to lead £2bn Haringey regeneration

Lendlease set to lead £2bn Haringey regeneration

07/02/17

North London’s Haringey council looks set to pick Lendlease to steer a £2bn regeneration scheme of 5,000 new homes in the Borough. The council’s recommendation to select the firm as preferred development partner is set to be rubber stamped on 14 February. Lendlease was up against rival bids from Morgan Sindall with Clarion Group; and Pinnacle with Starwood Capital and […]

QS shortages at highest level since 2008

QS shortages at highest level since 2008

02/02/17

Industry expectations about future workloads have now regained the ground lost after the Brexit vote. According to the latest Royal Institution of Chartered Surveyors construction market survey both employment and workload expectations over the next 12 months have recovered to pre-referendum levels. But returning confidence has also seen a spike in shortages of quantity surveyors with two thirds of respondents […]

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