Construction

Wisewood Interiors Closes Down After Debt Crisis

Sheffield interiors company, Wisewood Interiors, has shut down after being hit hard by a bad debt. The firm was established in 2010 and serviced construction contracts throughout the UK for major supermarkets. Managing Director Andrew Hartley established the company as a provider of drylining, suspended ceilings and partitions and had

Read More »

Construction Buyers Report Workload Surge

Construction buyers are reporting a surge in workloads, with the strongest rise in activity last month since March. The Markit/CIPS UK Construction PMI ticked-up from 52.6 in October to 52.8 in November. Any reading above 50 represents a growing market. For the first time in half a year, commercial work

Read More »

Construction Contract Awards Falls by a Quarter

The value of new construction contracts awarded in the UK fell by 24% in November. Data collected by the Builders’ Conference shows that the total value of all new construction contracts awarded last month was £3.36 billion, in comparison with £4.4 billion in October, which is a fall of almost

Read More »

Willmott Dixon to Build New Bristol Office Building

Construction of a 95,000 sq ft speculative office building in Bristol is set to begin following the appointment of Willmott Dixon to a £20m development contract. The building called Aurora is part of Finzels Reach, the new quarter being created in the heart of Bristol by Bristol-based developer Cubex. Gavin

Read More »

City of London Corporation Approves London’s Second Tallest Building

Planning permission has been granted by the City of London Corporation for construction of what will be the second tallest building in Western Europe behind the Shard. Aroland Holdings, a developer based in Singapore, has secured approval to construct a skyscraper at 1 Undershaft, which will stand between the Cheesegrater,

Read More »

Conlon Sees Turnover Surpass £55m Mark

The Bamber Bridge-headquartered group behind construction business Conlon has seen its turnover rise past £55m with executive chairman Michael Conlon saying that revenues have been boosted by several larger projects including work on a major hospital building. Conlon Holdings has posted a turnover of £55.3m in the year ending 30

Read More »

Brexit could cost construction 215,000 jobs

The British construction industry could lose out on almost 215,000 workers if there is a ‘hard’ Brexit, according to research from Arcadis. The report found that a ‘soft’ Brexit could see the industry lose out on 136,000 workers  – around 78,000 fewer than in the hard Brexit scenario. According to

Read More »

£2.3bn Surge in Construction Contracts in October

In October the residential sector unexpectedly reached a huge £2.3 billion worth of construction contracts for the month. This was despite the sharp falls in the construction industry after the immediate aftermath of the Brexit vote. The November edition of the Economic & Construction Market Review from industry analysts Barbour

Read More »

McAleer & Rushe Sign £25m Hotel Deal

County Tyrone construction firm McAleer & Rushe has secured a £25 million deal to build and lease out a four star hotel in Newcastle, England. ES Newgate, the company’s subsidiary, is set to develop the 226 bedroom, six storey property, which will become a Maldron Hotel when complete. The scheme

Read More »
Latest Issue
Issue 327 : Apr 2025

Construction

Wisewood Interiors Closes Down After Debt Crisis

Sheffield interiors company, Wisewood Interiors, has shut down after being hit hard by a bad debt. The firm was established in 2010 and serviced construction contracts throughout the UK for major supermarkets. Managing Director Andrew Hartley established the company as a provider of drylining, suspended ceilings and partitions and had enjoyed success in securing contracts with national retailers such as The Co-Op, Tesco, Lidl and Aldi. However, Lisa Hogg and Kelly Burton of Sheffield business turnaround experts Wilson Field, were appointed as joint administrators on November 21. They advised that the best course of action was to close down the six year old business, based on Wisewood Road in Sheffield, with all seven jobs set to be lost. Director and Insolvency Practitioner at Wilson Field, Kelly Burton commented: “Historically, the company offered its services to a range of retailers but suffered from a sizeable bad debt. “The director took advice from Wilson Field with the business being forced to close.” Operating on a national basis and based in Sheffield, Wisewood Interiors was established to provide a competitive suspended ceiling service to private customers and main contractors, with an emphasis on reliability and quality. The company soon expanded to cover extra core activities. Among these were all interior drywall systems, together with traditional hand applied and machine applied projection plaster and render systems. Meanwhile, a campaign to save Sheffield’s derelict Old Town Hall and Courtrooms has been given a funding boost. Friends of the Old Town Hall campaigned for two years to save and restore the Grade II-listed Waingate building, which has been on and off the property market. The group has been awarded £7,700 Lottery funding to set up a charitable trust and help preserve the building. Chairperson Valerie Bayliss said Sheffield’s origins were on that site. Ms Bayliss said: “The original settlement was down by the confluence of the Rivers Don and Sheaf, with the castle from the 13th to the 17th centuries. “Old maps show Sheffield began in this patch and spread out over the centuries.”

Read More »

Construction Buyers Report Workload Surge

Construction buyers are reporting a surge in workloads, with the strongest rise in activity last month since March. The Markit/CIPS UK Construction PMI ticked-up from 52.6 in October to 52.8 in November. Any reading above 50 represents a growing market. For the first time in half a year, commercial work improved, though input cost inflation raced ahead to a five and a half year high. Group Chief Executive Officer at the Chartered Institute of Procurement & Supply, David Noble, commented: “The sector was on a firmer footing this month, as a slight uptick in overall activity and the strongest level of new business growth since March, resulted in more stability after a summer of uncertainty at the time of the EU vote. “Purchasing activity grew at its fastest pace since the beginning of the year as stronger workflows and tenders materialising into actual projects prompted increased levels of stock building. “This resulted in a sluggish response from suppliers, with the fastest lengthening of delivery times since June, as pressure on capacity and low stocks impacted on demand. “The impact of the weaker pound was widely felt in November, with cost inflation the strongest since early 2011. “Higher prices were reported for a number of materials including bricks, blocks and slate, as businesses struggled with managing costs. “Yet, in spite of this grip on precious margins, headcounts were increased and demand for subcontractors was also sustained.” However, manufacturing activity in the UK registered an unexpected decline in November due to a weak pound that is driving price pressures, industry data showed on Thursday. In a report, market research group Markit said that its UK manufacturing PMI fell to a seasonally adjusted 53.4 last month from a reading of 54.2 in October. Analysts had expected the index to increase to 54.5 in November. On the index, a reading above 50.0 indicates industry expansion, below indicates contraction.

Read More »

Construction Contract Awards Falls by a Quarter

The value of new construction contracts awarded in the UK fell by 24% in November. Data collected by the Builders’ Conference shows that the total value of all new construction contracts awarded last month was £3.36 billion, in comparison with £4.4 billion in October, which is a fall of almost a quarter. A similar rate of decline is seen when compared with the number of contracts awarded in the previous year, with the total value of new construction contracts signed in November last year standing at £4.37 billion. The slowdown in November has had an impact on the rolling year total for the BCLive league table, which at this time last year stood at a record-breaking £57 billion. Today, it is down by 23% to £43.8 billion. Graham Construction topped the league for November, with a £192.5 million total haul. The biggest of these was a £150 million order for the refurbishment and construction of several civic buildings for the London Borough of Barnet. However, the table was close at the top. Sir Robert McAlpine came in a close second with a combined £184m of orders, including a £100m order from Nikal for the construction of five blocks of flats at Birmingham’s Exchange Square. Galliford Try came in third place with £180.2 million. Neil Edwards, Chief Executive of Builders Conference, said: “The industry now enters the Christmas season and a month shortened by festive holidays and slowed by the usual round of office parties. So there is unlikely to be any last minute rally that will allow a gloomy year to end on anything other than a gloomy note. “And sadly, that gloom looks set to stick around like the hangover and expanded waistline that is part and parcel of the Christmas festivities. In 2015, the BCLive league table identified – on average – 850 new tenders each month. In 2016, that average has plummeted to 650. Projecting forward, that threatens to throw up a very tough start to the New Year.”

Read More »

Willmott Dixon to Build New Bristol Office Building

Construction of a 95,000 sq ft speculative office building in Bristol is set to begin following the appointment of Willmott Dixon to a £20m development contract. The building called Aurora is part of Finzels Reach, the new quarter being created in the heart of Bristol by Bristol-based developer Cubex. Gavin Bridge, director at Cubex, said: “This is a fantastic milestone for Aurora. With cranes arriving on site now and construction activity moving on apace, it won’t be long before we see a new addition to Bristol’s skyline.” Aurora will consist of six storeys, with each floor measuring 15,500 sq ft. There will also be 51 car parking spaces, electric car charging points and secure motorcycle and bicycle storage. Neal Stephens, managing director of Willmott Dixon Construction in Wales and the West, said: “With a local office in Bristol, we’re delighted to have the opportunity to build such an important office for the city’s economy, one that will attract new investment and set the standard for BREEAM Outstanding in a city that was 2015’s European Green Capital. “We will work hard to ensure this project benefits the Bristol economy, partnering with local companies and sustaining jobs for local people.” Cubex expects the building to be ready for fit out by the end of next year. Willmott Dixon, the construction and property services group, has posted a multimillion-pound rise in half-year profits and unveiled a new corporate structure to create three distinct companies. Under the revised structure, both the residential development and support services companies will move from under Willmott Dixon’s umbrella to become sister businesses. The group said the move will give each business “greater operational, financial and strategic independence” to pursue their individual growth plans. Willmott Dixon generated a profit before tax and amortisation of £12m for the six months to 30 June 2016, an increase of 48 per cent from £8.1m a year earlier, on turnover of £598m. The group’s secured and probably forward order book stood at £1.15bn at the end of the period.

Read More »

City of London Corporation Approves London’s Second Tallest Building

Planning permission has been granted by the City of London Corporation for construction of what will be the second tallest building in Western Europe behind the Shard. Aroland Holdings, a developer based in Singapore, has secured approval to construct a skyscraper at 1 Undershaft, which will stand between the Cheesegrater, the Gherkin and the new 22 Bishopsgate tower which is being built by Multiplex. The 1 Undershaft tower will stand at 304.94 metres tall above ordnance datum (289.94 metres in structural height), which will outstrip the 278 metre high tower at 22 Bishopsgate. Across the river next to London Bridge station, The Shard is 309.6 metres high to its tip. At the latest City of London Corporation’s planning & transportation committee meeting, 1 Undershaft was approved by a vote of 19-2. The work will first of all involve demolition of the current Aviva Tower. Designed by architect Eric Parry, the 73 storey structure will provide 130,000 square metres of office accommodation, along with over 2,000 square metres of retail space. Upon completion, around 10,000 workers will work in the building, with 1,600 of them able to park their bikes there. A free public viewing gallery will stand at the top of the structure, which will be served by a dedicated lift service. The public viewing gallery will be home to the highest restaurant in London and will have learning spaces for schools and other groups to discover more about the capital, its growth and history. The Museum of London has had discussions with the developer over a dedicated gallery at the top of the building, using 1 Undershaft’s height to show London’s development. At the base of 1 Undershaft, a new larger public square will be created. The building has an elevated reception, allowing pedestrians to walk beneath the building.

Read More »

Conlon Sees Turnover Surpass £55m Mark

The Bamber Bridge-headquartered group behind construction business Conlon has seen its turnover rise past £55m with executive chairman Michael Conlon saying that revenues have been boosted by several larger projects including work on a major hospital building. Conlon Holdings has posted a turnover of £55.3m in the year ending 30 April 2016 according to its latest set of accounts, up by 27 per cent on a year earlier. Of this, £54.3m came from the construction sector. Pre-tax profits climbed by 154 per cent to £4.1m over the same period. Conlon (pictured above) said: “Mostly that turnover growth was due to some larger projects that came in, including a £15m hospital building (pictured top) at Ashford in Kent and lots of work through the Education Funding Agency. This is part of a long-term strategy that we have to get and stay on frameworks. “We’re lucky enough to be the only SME on the Education Funding Agency framework, which has been very good for the business in terms of turnover and helping us gain further specialisms in education. “The current financial year has been going very well too. We’re on target for £50m+ again this year.” Conlon, which also won the contract to work on the iconic Preston Bus Station, was founded by five Conlon brothers in 1961. Meanwhile, Conlon Construction has begun working on a ground-breaking £40 million Hertfordshire hospital. The firm has kicked off the 65 week project for the new private hospital in Hatfield, Hertfordshire. The two storey facility is being built on a four acre site close to the University of Hertfordshire’s College Lane Campus. It has been commissioned by One Healthcare and was designed by Manning Elliott. The hospital will have spaces for 21 beds, three of which will be designated for critical care three ultra clean ventilation (UCV) theatres, 14 day-case pods, two treatment rooms and 10 outpatient consulting rooms.

Read More »

Brexit could cost construction 215,000 jobs

The British construction industry could lose out on almost 215,000 workers if there is a ‘hard’ Brexit, according to research from Arcadis. The report found that a ‘soft’ Brexit could see the industry lose out on 136,000 workers  – around 78,000 fewer than in the hard Brexit scenario. According to the research, which was conducted for Arcadis by the Centre for Economics and Business Research, British construction could lose a volume of workers equivalent to the entire population of Luton (214,700 according to ONS 2015 estimates) in the event of a hard Brexit. This is based on a potential scenario whereby there would be an extension of the points-based system currently in place for non-EU migrants. If those EU nationals leaving the industry could not be replaced at the same rate by new EU workers, the research estimated there would be almost 215,000 fewer people from the EU would enter the infrastructure and housebuilding sectors between now and 2020, based on an assumed combined workforce of 1.5m. Arcadis said that, were policies implemented on a sector-by-sector basis and allowing for a degree of EU migration into the sector, it expected around 135,000 fewer European nationals would relocate to British construction – a number equivalent to the population of Ipswich. Read more at https://www.constructionnews.co.uk/markets/international/eu-referendum/hard-brexit-could-cost-construction-215000-jobs/10015295.article

Read More »

£2.3bn Surge in Construction Contracts in October

In October the residential sector unexpectedly reached a huge £2.3 billion worth of construction contracts for the month. This was despite the sharp falls in the construction industry after the immediate aftermath of the Brexit vote. The November edition of the Economic & Construction Market Review from industry analysts Barbour ABI states that the residential sector monthly contract value rose by 34% in October in comparison to September. Builders Persimmon and Taylor Wimpey both also registered growth in its order books, with the former reporting a 19% increase in sales rates. In construction overall, contracts were up in October reaching £5.9 billion, which is an increase of 5% on the previous month. However, a number of sectors are yet to recover from the Brexit vote slump in the same way that the residential construction industry has – particularly in infrastructure, with contract values down by 42% in October compared with the same time last year. Since the July referendum, Commercial & Retail, Industrial and Medical & Health have also struggled to get some momentum going. Lead economist at Barbour ABI, Michael Dall, said that the turnaround for housebuilding in October will give industry leaders, investors and the government much needed breathing space. Dall added: “However, the majority of the other construction sectors continuing to lag after the post-Brexit vote is a cause for concern, particularly infrastructure and commercial & retail, two sectors that are usually accurate indicators of how the overall economy is performing. “Housebuilding now beginning to thrive is no major surprise, as the strain on housing stock and government targets have become a matter of national attention. “What did actually surprised was the significantly large value of residential construction contract this month, reaching £2.3 billion, the highest monthly figure ever recorded for residential construction since Barbour ABI reporting began back in October 2010.”

Read More »

McAleer & Rushe Sign £25m Hotel Deal

County Tyrone construction firm McAleer & Rushe has secured a £25 million deal to build and lease out a four star hotel in Newcastle, England. ES Newgate, the company’s subsidiary, is set to develop the 226 bedroom, six storey property, which will become a Maldron Hotel when complete. The scheme is the firm’s latest work with Irish hotel plc Dalata Group, and will be the first Maldron Hotel in England. McAleer & Rushe will retain ownership of the property, which will be leased to Dalata through a 35-year contract. The building, located on the site of the former Newgate Centre, is expected to open in the summer of 2018. McAleer and Rushe is also set to build student accommodation as part of the same mixed used development, which is worth £100 million in total. The firm’s property director, Stephen Surphlis, commented: “The addition of this quality hotel brand reflects the wider importance of this entire mixed-use development and will be a major asset to the city as a whole, as well as attracting business and leisure travellers to Newcastle. “We look forward to working alongside Dalata, for whom we have previously delivered numerous projects.” Meanwhile, McAleer & Rushe is also working on the construction of a new Maldron Hotel at Brunswick Street in the centre of Belfast. It will be the company’s fourth hotel here. It also owns the Maldron Hotel at Belfast International Airport, the Clayton Hotel on Ormeau Avenue in the centre of the city, and the Maldron Hotel in Londonderry. Dalata currently operates five Clayton hotels in England, with two in London, and one each in Cardiff, Leeds and Manchester. It additionally owns the Croydon Park Hotel in London. Dermot Crowley, deputy chief executive for business development and finance at Dalata, said: “This development provides us with an exciting opportunity to launch our Maldron brand in the English market.”

Read More »

Building Work Begins on £15m Teaching Centre at University of Nottingham

Construction work is underway on a new £15 million teaching centre at the University of Nottingham, in the latest of a number of new buildings being constructed at the university. The building will span 5,000 sq m and will stand next to Hallward Library at the University Park campus and will be made up of teaching rooms, collaborative lecture theatre, performing arts space, social learning hub and staff offices. Architecture firm Make has designed the building, while the project will be managed by international property and construction consultancy Gleeds. The development is set to be finished by the end of next year and was commissioned as part of a £500 million capital investment plan for the university. Gleeds director based in Nottingham, James Marshall, commented: “The new facilities seek to provide an improved educational experience and, once complete, will help to attract both national and international students to the city of Nottingham. “We are delighted to be involved in this project and look forward to see the ambitious plans come to fruition.” David Patterson, partner at Make added: “This will be a beautiful building on a beautiful campus. “We are aiming to create an inspiring environment for both students and teachers and one which will accommodate current and future demands for light, vibrant, student-focused spaces.” The University Park will span 300 acres and is the biggest of the four campuses and is widely regarded as one of the most attractive in the UK. Chief estates and facilities officer at the University of Nottingham, Chris Jagger, said the new building would correct the imbalance of teaching facilities on University Park at present. He added: “This building includes both traditional seminar rooms and lecture theatres but also spaces for informal and small group learning. “It will be technology-enabled to deliver the latest innovations in teaching practice and to provide the best learning experience for our students.”

Read More »