Construction Industry News
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Schools contractors will require investment grade credit rating
The schools capital agency says privately financed projects will have to achieve triple B minus credit rating to draw down funding
Government doubles renewable heat subsidies
Renewable Heat Premium Payment increases to help boost industry while another government scheme is delayed
New boss of Cabe appointed
Former director at Capita Symonds and Shepheard Epstein Hunter takes up post
Government construction pipeline falls by 11bn
Lack of new opportunities ahead of spending review sees value of construction pipleline fall by a third
Contractor picked for 33m priority schools
Exclusive Wates has won a 33m batch of schools in the east of England
Mitie exits M E market
Tightening margins sees firm close its M amp E businesses
Revealed Fly through of Herzog s Oxford uni project
Herzog amp de Meuron and Laing O Rourke s 30m Blavatnik School of Government wins planning permission
Contractor chosen for 30m batch of schools
Kier has won a 30m batch of schools in the south of England
Mott MacDonald profit up 15
Solid set of results show revenue and profit growth
One in five joint ventures end in dispute
EC Harris construction disputes report also finds value and duration of disputes also on the rise
Inquest details kidnapped QS s death
Friendly fire ruled out after failed rescue attempt in Nigeria
Cinema complex to be dismantled over 75 cm error
Developer confirms St Neots scheme built in wrong place
M E firm Farrelly in administration
Family run West Midlands firm becomes the latest M amp E firm to fall into hands of administrators
Homebuyers wary of Green Deal debts
Survey finds home buyers are unwilling to take on Green Deal debts
Carillion bags 47m priority schools job
Exclusive Carillion has won a 47m batch of schools in the North west of England
Watchdog to spend more time on May Gurney takeover
Office for Fair Trading extends period for examining Kier s proposed 221m takeover with May Gurney
More senior figures to leave Lend Lease amid shake up
Exclusive Two further senior figures are set to leave contractor Lend Lease following news that managing director Michael Dyke left his post
EDF delays Hinkley funding until at least September
Exclusive 10bn nuclear plant project six months behind revised schedule with half of jobs on site now at risk
BRE s housing plan rejected over lack of sustainability
Council says plans for Watford homes would put more pressure on schools and create more traffic
Sweett back to business as usual as coup fails
Consultant to restart search for new institutional investors after takeover bid by Francis Ives failed
Nuclear boss quits Laing O Rourke
Norman Haste played key role in winning 2bn Hinkley job
UK business needs better infrastructure
Chair of Port of London Authority tells BCO conference that improving the UK s transport infrastructure is vital
Styles Wood expects to make half year loss
Fit out specialist braced to go into the red for first six months of 2013
Miliband policy adviser backs Heathrow expansion
Lord Adonis tells BCO conference that Heathrow expansion is the only credible option for solving airport capacity crunch
Severfield Rowen plans 93 job cuts
Redundancies come as steel specialist implements restructure
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