Mace

Mace has called on the government to offer tax credits to companies exporting design, engineering and construction services. The contractor, which operates in five continents, says in a new report that the global market for British construction expertise could be worth £11.5bn, if construction’s share of UK exports were to…

Mace has reported a slight fall in profit after making a £13m impairment in relation to a property development in Oxford. The contractor made a £36.5m pre-tax profit in 2022, compared with £38.3m in 2021, while its turnover increased by £3m, to £1.936bn. Mace’s employee headcount grew by 11 per…

Mace chief executive Mark Reynolds has accused the government of being “more interested in small boats than homes for people”. Reynolds, who is co-chair of the government-sponsored Construction Leadership Council alongside business minister Nusrat Ghani, said “the government has lost its love for construction”. In an interview with Construction News…

The first of more than sixty 240-metre-deep geothermal boreholes has been completed on the Salisbury Square development in the City of London. According to the City of London Corporation, the Salisbury Square scheme – which has an estimated value of £596m – is the first development in the Square Mile…

Mace is calling for the industry and government to adopt a presumption in favour of retrofitting and a requirement that explanations are given for proposed demolitions of non-domestic buildings. In a new report, the contractor and consultancy calls for a “consideration of retrofit” for every major planning application that involves…

Mace has been appointed to work on the redevelopment of Lansdowne House in London’s Mayfair. The firm has been appointed under a preconstruction services agreement by developer Co-re and asset manager Audley Property. The 10-storey office scheme will provide premium workplace, retail and restaurant space. It will occupy the entire…

Mace is marking Pride Month with a sculpture to promote diversity and inclusion in the construction industry. The installation, comprising more than 40 bespoke wooden panels slotted together into a bench, was designed as a “striking talking point” for the month of June, which is celebrated annually as Pride Month…

Mace and Vinci are among a host of firms that have launched a new group aimed at driving residential retrofits at scale to meet net-zero targets.  The National Homes Decarbonisation Group (NHDG), which has 17 founding members, said it will focus on growing the retrofit supply chain, advising on government…

Subcontractors working on the HS2 Euston station will be forced to make redundancies after the government decided to delay its construction, according to Mace chief executive Mark Reynolds. Mace and Spanish engineering giant Dragados were appointed as construction partners for HS2’s only central London station in 2019. The joint venture…