The government has announced another delay to its decision on whether to give the go-ahead to the Lower Thames Crossing. A written ministerial statement (WMS) to Parliament from transport secretary Louise Haigh on Monday evening (7 October) set a new deadline of 23 May next year to determine the scheme’s development consent order. The announcement […]
Lower Thames Crossing decision postponed again Read More »
For real estate agents, The Block provides a unique case study in how to market high-end homes under pressure. In this year’s season, four of the couples, Ricky and Haydn, Kristian and Mimi, Grant and Courtney, and Maddy and Charlotte, have shared how they navigated the process, what they looked for in an agent, and
The Block couples: a peek behind the real estate curtain Read More »
The UK risks losing its leadership position in artificial intelligence (AI) without a clear national strategy for data centres, a key player in the sector has warned. Data centres, essential for powering cloud computing and AI applications, have become central to the digital economy. However, without a cohesive plan, the UK could fall behind in
UK risks losing AI leadership without a national data strategy, experts warn Read More »
Perlego, an education technology platform known as the “Spotify for textbooks,” has secured a $20m fundraising round led by Sir Terry Leahy, the former CEO of Tesco. The digital library service, which offers unlimited access to academic titles via subscription, is expected to announce the capital injection this week. The new funding round also includes
Up to 10% of UK farmers may abandon the industry this month as concerns over rising Capital Gains Tax and reduced subsidies mount ahead of the new government’s Autumn Budget, according to Mark Chatterton, Head of Agriculture at Duncan & Toplis accountancy and business advisers. The looming financial pressures have left British agriculture at a
Fears of Capital Gains Tax rise pushing UK farmers to exit industry, warns expert Read More »
Trade unions and campaign groups have criticised what they call a “witch hunt” against flexible working, as Deputy Prime Minister Angela Rayner prepares to launch a major overhaul of employment law designed to give workers greater control over their work arrangements. The proposed reforms are part of the Employment Rights Bill, expected to be tabled
A £2.5bn merger between homebuilders Barratt and Redrow has got the go-ahead from regulators. Barratt initially agreed a deal to buy Redrow in February, arguing that the merger would enable them to make £90m in cost savings and drive supply chain innovation. But the Competition and Markets Authority (CMA) launched an investigation into the planned
Barratt-Redrow merger gets green light Read More »
Drawn-out lawsuits are “robbing” the construction industry of contractual value and risking countless business collapses in the process, industry leaders have warned. Leading members of the Conflict Avoidance Coalition called for clients and main contractors to work directly with the supply chain to iron out issues early rather than leave the door open to litigation.
End conflict disputes that are ‘robbing’ value, say industry leaders Read More »
A specialist civil engineering contractor has said its business strategy is strong enough despite suffering a dip in profit. Ipswich-based One Group Construction said it was “extremely pleased” with its results for the year to 31 December 2023, as it pointed to its “overall business resilience”. It posted a pre-tax profit of £5.5m for the
Profit dips at ‘resilient’ Ipswich contractor Read More »
A south London skyscraper built by collapsed contractor Henry needs “extensive” remediation work to fix a leaking roof, only two years after completion. Henry Construction completed The Fold, a 35-storey residential tower in Croydon, in July 2022, a year before it collapsed into administration. The building contains 251 flats and forms part of the wider
Two-year-old Henry tower needs ‘extensive’ remediation Read More »
