Sir Robert McAlpine

McAlpine boss raises concerns over supply chain cashflow after tax change

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Sir Robert McAlpine chief executive Paul Hamer has told Construction News that the contractor remains concerned about the cashflow of its supply chain following the introduction of the reverse-charge VAT this week. Speaking after chancellor Rishi Sunak unveiled his Budget plans yesterday, Hamer welcomed many of the measures, including the…

British Land gets approval for 38-storey London tower

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A British Land joint venture has won approval for a 38-storey tower in the City of London – the third tall building to get planning permission in the area this year. The 2 Finsbury Avenue office project, developed by British Land with Singapore investor GIC, will be built in the…

McAlpine’s Birmingham project lands £100m funding

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A build-to-rent (BTR) residential project in Birmingham being developed by Sir Robert McAlpine has secured £100m in funding. Project backers Legal & General has announced a funding agreement of £100m for the development site at Hockley Mills, located in Birmingham city centre’s Jewellery Quarter. The deal was done through L&G’s…

Green light for McAlpine’s £260m Gateshead Arena

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Gateshead Council has approved plans for a £260m arena and regeneration scheme that will be delivered by Sir Robert McAlpine. The development, which will be built on the waterfront at Newcastle Gateshead Quays, will include an arena, purpose-built conference and exhibition centre, restaurants, hotel and outdoor performance space. The plans…

Watch: robot cuts risks for HS2 tunnellers

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HS2 is set to deploy a robot arm to automate two risky tasks during tunnelling work on the rail megaproject. The robot, dubbed Krokodyl, has been developed by main works contractor Align, a joint venture between Bouygues, Sir Robert McAlpine and VolkerFitzpatrick. It will be deployed on a pair of…

McAlpine puts aside £13.6m for remedial work

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Sir Robert McAlpine has earmarked £13.6m to cover potential remedial work on completed projects. The provision was included in the company’s 2019 accounts published this week. A spokesman for the firm said the provisions were not related to any one project. It comes on top of a £5m provision the…

Sir Robert McAlpine reveals separate £376m CM haul

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Sir Robert McAlpine earned £376m for work on construction management (CM) contracts for the year ended 31 October 2019. The figure was revealed in the contractor’s results, published on Companies House on Sunday, and is separate to the £1bn statutory revenue figure it announced last week. This is a break from…

Turnover tops £1bn at Sir Robert McAlpine as pre-tax profit doubles

McAlpine writes 'PRS bible' as it draws up five-year plan_Paul Hamer chief executive

Sir Robert McAlpine has seen its revenue top £1bn and pre-tax profit double in the year to 31 October 2019. The contractor announced it made a pre-tax profit of £14.5m in 2019, up from £7.4m the previous year. It said turnover broke the £1bn mark, almost a quarter of a…

Bam tops September league as orders rise again

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Royal Bam topped September’s league table as total orders rose again. Big jobs in the leisure and entertainment sectors helped to propel the group to the top of the league with £469.7m of new work secured. The largest of these was a £230m contract to build a new studio for…

McAlpine uses apprenticeship levy to boost existing staff’s data skills

Grant Findlay London regional manager Sir Robert McAlpine

Sir Robert McAlpine is training project managers and other existing staff in data analysis skills by drawing down cash it has paid towards the apprenticeship levy. The move, which has seen around 15 employees trained this year, is part of the firm’s ambitions to become a leader in the use…