News BAM and Ramboll rehabilitate Britain’s Antarctic runway A team formed of contractor BAM and technical adviser Ramboll has resurfaced the runway at the British Antarctic Survey’s Rothera Research Station, enabling planes to land at there for the…
Partner Content How evolving global trends will impact small construction businesses in the UK The UK construction market is set to reach £476.6bn by 2027. Unquestionably, the industry is undergoing a lot of transformation, shaped by technological advancements, socio-economic and political factors, environmental concerns,…
News Texan firm borrows €1.3bn to build solar schemes in Europe Texan solar energy company Recurrent Energy has secured €1.3bn in finance for a programme of solar and battery schemes in Europe. The company, a subsidiary of Ontario-based Canadian Solar, signed…
News Canadian consultant Stantec buys UK engineer Hydrock Canada consulting engineer Stantec has acquired UK rival Hydrock for an undisclosed sum. The deal will boost Stantec’s UK workforce by over 30% and increase its capacity in the building…
News ‘The industry didn’t fragment itself, we made it like that’ The industry’s chronic problems of poor quality, lack of skills, and stagnant productivity are often blamed on its hyper-fragmented nature, which allows those at the top to pass the cost…
Trends UK survey shows low confidence in new-build homes People in the UK have an overwhelmingly negative perception of new-build houses, a report from the Chartered Institute of Building (CIOB) reveals. In December, it published results from a survey…
News Macron woos UK nuclear start-up to build first factory in France London-based nuclear power start-up Newcleo is in talks with investors to raise up to €1bn to develop its generation IV small modular reactor powered by nuclear waste. It would use…
Perspectives Stop giving orders! Project managers should coach on site: industry veteran Dave Stitt FCIOB used to be hard as nails. A civil engineer, he came into the industry as a teenager and rose through the ranks at big UK contractors Taylor…
News New Turkish high-speed railway backed by UK, Italy, Poland, and Austria Export credit agencies from the UK, Italy, Poland, and Austria have joined Mitsubishi UFJ Financial Group (MUFG) to secure €1.247bn to build a high-speed railway in Turkey. Turkey’s Ministry of…
Perspectives Refugees like Omar can help us build Omar Alhuraibi is an engineer with some 20 years experience as a construction project manager in the UAE. He was born in Yemen, a country ravaged by civil war since…
News ABB joins effort to generate power in old mine shafts Swiss manufacturer ABB has teamed up with a UK startup developing a system for generating electricity in old mine shafts. Called GraviStore, the system drops heavy weights attached to cables…
News UK coalition of firms targets $1 trillion Ukraine reconstruction Four big companies in the UK construction sector have joined forces to promote UK professional services for the reconstruction of Ukraine. Law firm Pinsent Masons, Mace, Costain, and Montreal-headquartered AtkinsRéalis…
News Booming Western Australia offers £6,000 to woo British workers Britain’s builders are being offered a £6,000 sweetener to lure them to sunny Western Australia. The Australian state is experiencing a construction boom on the back of multi-million-pound government investment…
News UK provides £226m to overhaul Iraqi city’s water systems The UK government has secured £226m to build new drainage and water treatment systems for the Iraqi city of Hillah south of Baghdad. Under the deal arranged by the government’s…
News UK ‘risks losing workers to Saudi Arabia’ The number of internet searches in the UK for construction jobs in Saudi Arabia has soared by 293% year on year, according to the online tradesperson marketplace, Rated People. It…
News UK facilitates €780m loan for Turkey’s new high-speed railway UK Export Finance (UKEF), the UK government’s export credit agency, has underwritten €781m of financing for a 286km high-speed railway across southern Turkey. Its Buyer Credit Facility will help contractor…
News UK government enables €422m of infrastructure upgrades in Zanzibar The UK Export Finance (UKEF) has allocated €422m in guarantees for infrastructure work on the Tanzanian archipelago of Zanzibar. Funding will be focused on two projects: an upgrade to Pemba…
News UK backs £26m loan to rebuild Ukrainian bridges The UK’s export credit agency, UK Export Finance (UKEF), has agreed to issue a buyer credit loan guarantee worth £26.3m that allows the Ukrainian government to to start rebuilding six…