Construction News - Latest UK construction news
10/19/2017 08:35 AM
Interserve warns it may not meet financial covenants
Interserve has warned problem energy-from-waste deals will cost the business a further £35m and there is a “realistic prospect” it won’t meet net debt to EBITDA tests contained in its financial covenants for the year.
10/16/2017 01:10 PM
Hinkley tunnels hit by concrete issue
Hinkley Point C has been hit by another setback after it emerged that parts of a tunnel network will have to be demolished due to issues with the concrete foundations.
10/13/2017 01:01 AM
Adonis to make fresh plea for infrastructure action
National Infrastructure Commission (NIC) chairman Lord Adonis will today call on the government to confront “congestion, capacity and carbon” to stop UK infrastructure falling behind global rivals.
10/12/2017 01:42 PM
Grayling: £48bn to be spent on Network Rail's CP6
Nearly £48bn is expected to be spent on improving and maintaining the country’s rail network in Network Rail’s next five-year funding period (CP6), the government has revealed.
10/11/2017 07:50 AM
Firms 'in danger' of Equality Act non-compliance
Clients are failing to recognise their requirements under the 2010 Equality Act and instead referring to the repealed Disability Discrimination Act when building assets, according to industry experts.
10/09/2017 07:50 AM
Crossrail 2 funding plan rejected by City of London
The City of London has refused to back Sadiq Khan’s new levy to pay for Crossrail 2 unless it is “reassured” that funding for the project will not jeopardise new development in the Square Mile.
10/04/2017 12:21 PM
Theresa May unveils plan for council housing 'rebirth'
Prime minister Theresa May has pledged an extra £2bn for affordable housing in her Conservative Party Conference speech today, which will be available to councils to directly build their own homes.
10/04/2017 07:50 AM
Battersea crane death firm dissolved
A national crane hire firm which was last year fined £750,000 for failings that led to the deaths of two men in Battersea has been dissolved.