News Costly mistakes: Facing up to avoidable error in construction In recent years, tens of thousands of UK homes have been retrofitted with external wall insulation under a government scheme to help people living in fuel poverty. But last month,…
News With US shutdown over, the data’s coming back. It’s not looking good Data has begun seeping out of US federal agencies again after the longest shutdown in history, and the picture for August – the latest month for which numbers are available…
News Skanska aims for higher construction profit margins Swedish construction giant Skanska has announced it has raised its financial target for the operating margin of its construction arm to a minimum of 4%. The group has not updated…
News AI and cloud boom sparks $7tn global data centre buildout The rapid growth of artificial intelligence and cloud computing is driving a global construction surge for data centres with some projects now costing more than $20bn, according to a new…
News Contractor’s road-job bid thrown out over AI hallucinations A Polish contractor bidding for a road maintenance project in the southeastern Małopolska region has had its abnormally low bid excluded by the country’s National Appeals Chamber because its explanation…
Trends Can we build it? We’re not sure: Supply chain unease for AI infrastructure A snapshot of the global data-centre construction market reveals rising costs and unease over the construction supply chain’s ability to meet soaring demand. The vulnerabilities are both human and systemic.…
Trends Big changes to payment rules in Hong Kong: 5 things to know From fast-track adjudication to no more pay-when-paid, Hong Kong is serious about keeping cash flowing in construction, but there are pitfalls for contractors. The Construction Industry Security of Payment Ordinance…
Perspectives What construction firms really think about AI A new global survey quizzed construction executives about their AI plans, actions and perceptions. The results suggest the “AI revolution” is some way off. In February 2021, two US economists…
News Trump funding freeze puts NYC megaprojects in limbo Two critical New York City transport megaprojects – the $16bn Hudson Tunnels project and the $2bn 2nd Avenue Subway extension – ended the week in limbo after the Trump administration…
Markets UAE construction is booming as Dubai remains world FDI champion Annual construction output in the UAE is projected to swell to $130.8bn by 2029, up from the record $107.2bn seen in 2024, according to property consultancy Knight Frank. “The UAE…
Perspectives With copper up 40%, uncertainty’s the theme for 2025 What’s the mood among US project owners right now? We asked George Swetz, Executive Vice President & General Manager of Skanska Integrated Solutions (SIS), based in Boston. The prevailing tone…
News Construction boss could face prison over payroll tax and fraud charges A construction boss in the US could face prison after being charged with failing to pay years of employee payroll taxes, scheming to defraud a construction contractor of millions of…
News US labour and materials costs rise as builders await tariffs The cost of materials and services used in nonresidential construction in the US rose 0.2% from May to June and 2.3% from June last year, the biggest 12-month increase since…
News Cyprus offers €10m to develop new Limassol tech park Cyprus is offering a €10m incentive package to investors who take on the development of a new science and technology park in Limassol, the hub of the country’s burgeoning ICT…
News Bankruptcies coming for Russian contractors, boss warns The boss of Russia’s biggest construction holding has warned that the country’s high interest rates could cause many bankruptcies in the construction sector. Alexei Krapivin, chief executive of Natsproektstroy, told…
News California sues Trump administration over $4bn rail claw-back The California High-Speed Rail Authority (CHSRA) is suing the Trump administration over what it called the administration’s “illegal termination” of around $4bn in federal grants awarded during the Biden administration…
Machinery, News Volvo CE reports 6% decline in sales citing ‘industry challenges’ Volvo Construction Equipment has issued its 2025 second quarter report showing sales falling in Europe and North America, which the company attributes to market uncertainty. Despite this, the company’s net…
News White House puts Fed chair under pressure over $2.5bn HQ renovation No one welcomes construction disputes, but when the initiator is the President of the United States, it’s even less welcome. Last Thursday, President Donald Trump’s director of the Office of…