ISG took this month’s top spot in the contractor league tables after being appointed the contractor for seven major projects totalling just under £2.7bn. Almost all this amount is due to work on a new £2.6 bn electric battery plant in Blyth, Northumberland. In second position this month with just one project is Future Valleys, […]
Builders registered to carry out green home refurbishments will be able to sub-contract in a bid to widen the number of tradespeople who can do the work. The move follows poor take up to register with TrustMark to do energy efficiency retrofits such as insulation, solar panels and heat pumps under the government’s green home […]
After two years of growth the Derbyshire-based contractor required additional working capital resource to help drive further growth as they experienced increased customer demand following the first UK wide lockdown in spring. PCS UK Ltd provides services on electrical projects, varying from initial development consulting, design calculations, installation, and commissioning on-site support for maintenance teams after projects are completed. Founded in 1997, […]
Developer Southern Grove has today unveiled a substantial £18m housing development that will create dozens of premium family homes on the beautiful Kent coast. The Willows near Whitstable, will provide 42 houses, consisting of a mixture of semi-detached and detached family accommodation, as well as 12 apartments. Hundreds of thousands of Londonders have moved out […]
Plans to transform the city’s iconic college tower, dubbed the Met, into a hotel with leisure and grade A office space are set to become a reality. Glasgow city council has granted developers Osborne & Co detailed planning permission to convert the 11-storey tower into a 260-bed hotel with grade A office for up to […]
Construction is gearing up for business as normal with the threat of tariffs and quotas avoided thanks to the trading agreement struck with the EU last month. Trade bodies across the industry are pleased continuity in costs and availability of products and materials is now in place. Construction Leadership Council’s Brexit working group chair James […]
The total value of construction contract awards in November 2020 was £4.9bn based on a three-month rolling average. This is a marginal (0.2%) increase on October but is 9.1% lower than for November 2019. Contract award numbers decreased by 17.9% this month to 715 compared with 871 in October. Annual comparisons show a 16.4% decrease […]
New research from Aldermore bank reveals that the main reason for the lack of Brexit preparations by UK small and medium-sized enterprises (SMEs) in the construction sector was because of their continued focus on managing the impact of the Covid-19 pandemic. Andrew Dixon, commercial director for specialist finance at Aldermore said: “Whilst the delay in preparing […]
The government’s housing accelerator Homes England is simplifying how it engages with developers and housebuilders to bring public land to market. It’s announced a new purchasing system where housebuilders can apply at any time when land comes on stream. Under the old scheme, developers had to join a panel which was renewed every four years. […]
Enterpryze, a cloud based invoicing, accounting and ERP platform, launches Invoice & Pay solution for Small and Medium Enterprises (SMEs) in Singapore during the Singapore FinTech Festival 2020. Introducing Enterpryze Invoice & Pay Designed for small business owners looking for a simple, easy-to-use invoicing solution, Enterpryze’s Invoice & Pay allows them to collect payments faster […]
29/11/2020
Edition 288 – October/November 2020
An ill wind By Business Money group editor Robert Lefroy Lack of cyber securi...
Sign up to our newsletter
