Entries by Lyn

OXFORD ECONOMICS – GLOBAL CONSTRUCTION REPORT

image Oxford Economics Global Construction costs to remain high in 2023   Key points: The global rebound in construction activity is set to continue over the coming years, supported by a wave of publicly funded infrastructure projects. This investment is coming at a time when global supply chain disruptions are hampering the delivery of construction […]

One-of-a-kind innovation beats project schedule

New smart innovation makes project faster, safer, and cheaper After more than 60 years in operation, Portland, Maine’s Veranda Street Bridge on I-295 was due for a replacement. The bridge, one of the most heavily traveled in the state carrying around 55,000 vehicles per day, was deemed structurally deficient upon inspection in 2017. Furthermore, the […]

SILVERSTONE TO SUE CONTRACTOR

Silverstone to sue contractor for botched track resurfacing Silverstone bosses are preparing an £8M lawsuit against contractors whose 2018 relaying of the famous British racetrack left it unsafe and in need of resurfacing again just a year later. Aggregate Industries were paid £2M to relay the 6km track in 2018 – the first time it […]

NEW CEMENT HANDLING FACILITY

Design and build contractors Spencer Group and specialist firm Slipform Engineering are delivering a huge new cement handling facility to meet soaring construction industry demand. The 171 ft high silo is being built on Hull’s William Wright Dock amid a construction boom across the UK, which has led to bulk powder import and transport specialist […]

£3bn of Lending for Development

GB Bank is targeting £3bn of lending over the next five years and building a £1bn-plus balance sheet, according to chief lending officer Neil Williams. The bank is gearing up to officially open in Q3 2022, once it receives its full banking licence without restrictions from the FCA and PRA. It plans to enter the […]

Surveying Gathers Pace at the Palace of Westminster

Dozens of boreholes to be drilled around the Palace of Westminster as surveying gathers pace for essential restoration Experts will dig 23 boreholes, with some reaching up to 70 metres in depth, to assess ground conditions around the Palace of Westminster to inform decisions about essential restoration work to preserve the 150-year-old building. The boreholes […]

THIS WEEKS CIPS AND ONS REPORTS

CIPS (Chartered Institue of Procurement and Supply) Weakest Rise in residential work for two years holds back construction sector during May May PMI® data signalled another growth slowdown in the construction sector amid a considerable loss of momentum for the residential category. The latest rise in housing activity was the weakest since the recovery began […]

RESTORING THE ‘RIGHT TO BUY’

Right to Buy was one of the most transformative policies of the 20th century, making the dream of home ownership a reality for millions. Since its introduction in the 1980s, approximately 4.5 million social tenants took up the opportunity to buy their homes from the state. But the numbers have fallen off a cliff, hitting […]

How Green is Your Website

Our online habits have a surprising impact on climate change: according to the Global Carbon Project, if the Internet were a Country, it would rank 4th in the world by CO2 emissions. Karma Metrix latest research unpacks sustainability KPI of 5 tech giants Facebook, Amazon, Apple, Netflix and Google (FANG). The data shows that FAANG […]