Author Archives: Ian Weinfass

Kier Places and Morgan Sindall Property Services have been named among 10 partners on a major upgrade programme with L&Q. The housing association has signed 15-year contracts with 10 partners worth up to £300m per year for its major works investment programme. The contracts will see the companies deliver a…

More than 4,800 Covid loans issued to construction companies are suspected to have been fraudulent, Construction News can reveal. As the pandemic took hold three years ago, the government created emergency loan schemes designed to ensure banks lent money to businesses despite the introduction of unprecedented social restrictions. These included…

A UK and EU-based company developing small modular reactors (SMRs) has announced an equity raise of up to £900m for development of its work. Newcleo, which has registered businesses in Italy, France and the UK, is developing what it calls lead-cooled fast nuclear reactors, and plans to manufacture fuel from…

Trading of Inland Homes shares will be suspended as the firm is set to miss the stock market deadline for publishing its financial results. The homebuilder had already announced a delay to the publication of its results earlier this month, after identifying possible breaches regarding “certain related party issues […]…

A coroner has raised concerns that contractors may not be aware of their duties under current fire-safety rules. The warning was issued after the inquest into the death of Tomas Ceida, a nightclub worker who died in Greenwich, south London, following a fire in August 2016. According to reports, he…

Britishvolt, the start-up electric vehicle battery manufacturer behind a £3.8bn gigafactory in Northumberland, went under owing around £160m, it has emerged. A new report from administrators at EY shows that those owed money by the company included mechanical and electrical (M&E) giant NG Bailey, which is out of pocket by…

The government should set targets for the construction industry to reduce its use of raw materials by at least a third in the next 12 years, a thinktank has said. The Green Alliance said that such a move would reduce the industry’s carbon emissions by 39 per cent. In a…

National Highways is “extremely likely” to stringently assess the performance of suppliers on its new £30bn major framework, the roads body’s head of procurement has said. In an interview with Construction News about the forthcoming Integrated Delivery Framework, Malcolm Dare (pictured) said the client had already started excluding poorly performing…

McAleer & Rushe has won a contract to build more than 300 homes on a new build-to-rent residential scheme in Leith, Edinburgh. Goodstone Living has appointed the Northern Ireland-headquartered contractor to deliver four apartment blocks containing “at least 338 homes” on the project known as Dockside, it said in a…