economy

Construction tender prices are set to climb by up to 5.0 per in 2026, threatening costs for key UK programmes and challenging project viability, according to new data from global professional services company Turner & Townsend. In its…

The Royal Institution of Chartered Surveyors (RICS) has released its 2025 Sustainability Report, revealing a slowdown in global demand growth for sustainable buildings and a concerning lack of progress in carbon measurement across…

The record-breaking demolition of St Helen’s tower, the tallest building to be demolished in the capital, highlights London’s missed opportunity to reuse 49,000 tonnes of demolished concrete to permanently store and remove hundreds of…

VINCI Construction signed an agreement on 31 January 2025 completing its acquisition of infrastructure services business FM Conway. FM Conway now joins the network of VINCI Construction to support the further growth of the company. With a…

WorkSpace, the specialist  fit-out, build and FM services division of McLaughlin & Harvey, has secured a place on Translink’s General Property Maintenance Framework Lot 1 – Southern, over a four-year period. Translink is Northern…

More than 3,000 jobs have been saved at multi-service security, facilities management and stadium management organisation, Intelligent Protection Management (IPM) Group, after it was bought out of administration. Joint Administrators,…

‘City & Guilds Training’, the training arm of City & Guilds, has secured further funding from the Department for Education to deliver a new wave of Skills Bootcamps over the next two years across England. This is the fourth wave of…

Latest projections from the Building Cost Information Service (BCIS) forecast construction costs to rise just over 3% in the year to 3Q 2024, while tender prices are expected to increase by just over 2% in the same period. In its five-year…