Latest projections from the Building Cost Information Service (BCIS) forecast building costs will increase by a predicted 14 per cent over the next five years to 1Q2031, while tender prices will rise by 15 per cent over the same period. ...
Read More »BCO to update guide on construction materials selection
The new edition of the landmark guide will reflect latest sustainability standards, regulations and industry best practice. The BCO (British Council for Offices) has announced the commissioning of a major update to its ‘Good Practice in the Selection of Construction ...
Read More »Construction expert warns of dangers to UK construction industry over Iran war
UK construction mergers and acquisitions specialist, Bradley Lay, is calling for immediate action as energy shock, supply chain disruption and investment slowdown risk another wave of insolvencies. Bradley Lay, Co-founder of Peak Capital Group and Principal of a UK-based family ...
Read More »Extreme weather fears grow on UK construction sites
High winds, flooding and lightning were named the climate change events that scared construction workers the most. The findings were revealed in a survey of 500 UK construction professionals, commissioned by SafeSite Facilities, which showed 19 per cent were frightened ...
Read More »Treasury approves Manchester Digital Campus
The government is progressing on the Manchester Digital Campus (MDC) with the outline business case formally approved by the Treasury. Built on brownfield land in central Manchester, the campus will bring together approximately 8,800 people from multiple government departments with ...
Read More »Geopolitical unrest clouds outlook as tender prices rise
The latest data from the Building Cost Information Service (BCIS), shows tender prices increased by an estimated 0.7 per cent between 4Q2025 and 1Q2026, resulting in a 2.8 per cent annual growth in the BCIS All-in Tender Price Index (TPI). ...
Read More »Government cracks down on unsafe and unregulated building products
Major proposals to strengthen the construction products used in buildings across the country have been published by government in a crackdown on unregulated practices, which led to the Grenfell Tower tragedy. The Construction Products Reform White Paper sets out that ...
Read More »Balfour Beatty announces Myles Westcott as incoming CFO
International infrastructure group, Balfour Beatty, has announced that Phil Harrison will step down from the Board later this year following more than 10 years as Chief Financial Officer (CFO). Following an extensive search process and as part of the Board’s ...
Read More »Industry campaign urges clients to step up safety compliance
A new campaign to encourage clients to speed up adoption of building safety standards has been launched by a coalition of construction industry organisations. New guidance produced by the Building Engineering Services Association (BESA) and supported by eight other bodies* ...
Read More »Former Carillion Chief Exec fined by the FCA
Richard Howson has been fined £237,700 by the Financial Conduct Authority (FCA) for his part in misleading statements being issued by Carillion plc. As Group Chief Executive, the FCA said Howson was aware of serious financial troubles in Carillion’s UK ...
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