First sign of price falls for construction products

First sign of price falls for construction products

21/09/23

The first price drops for construction materials are starting to appear as supply returns to pre-covid levels and demand drops as the housing market continues to stagnate. The latest update from the Construction Leadership Council’s Product Availability working group said: “The supply of most building materials returned to pre-covid levels. This includes bricks, blocks, boilers, […]

Green light for £250m A38 Derby roundabouts scheme

Green light for £250m A38 Derby roundabouts scheme

18/08/23

National Highways’ plans to improve congestion at three bottlenecks on the A38 around Derby have got the green light after receiving development consent. Contractor BAM still needs to get the go-ahead to start construction of the £250m, which involves major upgrades to roundabouts at Kingsway, Markeaton and Little Eaton.  National Highways’ proposals were initially granted consent […]

Watch UK’s heaviest bridge drive on HS2

Watch UK’s heaviest bridge drive on HS2

20/07/23

The UK’s heaviest drive to install an intersection bridge structure beneath the West Coast Main Line near Lichfield has been successfully completed on HS2 by Balfour Beatty Vinci. The 56 metre long and 19 metre wide concrete structure weighs 6,200-tonnes and was built adjacent to the WCML over the last six months. Read more here.

£270m race for HS2 automated shuttle system

£270m race for HS2 automated shuttle system

11/07/23

HS2 has started the search for a contractor to design and supply a transport system for the project’s Automated People Mover in the West Midlands. The APM Systems Contract worth around £270m will include a 25-year transport operation and asset maintenance contract for the transit system. Read more here.

London drops from 10 most expensive cities to build

London drops from 10 most expensive cities to build

26/06/23

London has fallen out of the top 10 most expensive cities for construction falling to 14th place in the global rankings for highest cost of building. According to Turner & Townsend’s International Construction Market Survey, the average cost of construction is £3,136 per sq m. Read more here.

Galliford Try set for £249m M5 jct10 rebuild

Galliford Try set for £249m M5 jct10 rebuild

21/06/23

The scheme is being funded through the council’s successful bid to the UK Government’s Housing Infrastructure Fund for £249m. The council was forced to rethink procurement plans for the project last year in the face of volatile market costs. Read more here.

Kier restructures infrastructure division

Kier restructures infrastructure division

03/05/23

Kier is restructuring its Infrastructure Services division with the current three business streams set to become two.   From July 1 the current Highways, Utilities and Infrastructure operations will become Transportation and Natural Resources and Nuclear & Networks. Read more here.

Construction output rebounds 2.4% in February

Construction output rebounds 2.4% in February

14/04/23

Construction output returned to strong growth in February after a washout in January due to heavy rain. Monthly construction output is estimated to have increased 2.4% in volume terms following the 1.7% fall in January, with February ranking as the highest monthly value in level terms (£15.6bn) since records began in January 2010. Read more […]

Demolition workers destroy new Banksy artwork

Demolition workers destroy new Banksy artwork

15/03/23

The artist confirmed the new work – “Morning is Broken – on his Instagram this morning. But it was too late for fans to make a pilgrimage because demolition workers had moved in the day before. The work was on the side of an old farmhouse at Blacksole Farm in Herne Bay, Kent where developer […]

Landsec gets go-ahead for London Bankside green office scheme

Landsec gets go-ahead for London Bankside green office scheme

10/03/23

The Red Lion Court development will create 230,000 sq ft of offices, retail and open public space on the banks of the River Thames, adjacent to Borough Yards.  Designed by Bjarke Ingels Group, Red Lion Court has been designed to be net-zero in both construction and operation. Read more here.