Financial & Legal

  • CMA calls for civils procurement overhaul

    CMA calls for civils procurement overhaul

    CMA findings put civils procurement under sharper pressure again today. The watchdog wants clearer pipelines, standard designs, and more consistent public-sector buying across road and rail work.

  • Clarion wins approval for 228 Penge social homes

    Clarion wins approval for 228 Penge social homes

    Clarion has secured approval for 228 new social rent homes. The Penge scheme has shifted from 35% affordable housing to 100% social rent, increasing the affordable contribution on a key Bromley town centre site.

  • Grenfell investigation files move towards CPS decisions

    Grenfell investigation files move towards CPS decisions

    Grenfell investigation files are moving closer to prosecutor review stage. Police expect to submit files by September, with charging decisions due before the tenth anniversary of the fire.

  • HS2 cost range rises to £102.7bn

    HS2 cost range rises to £102.7bn

    HS2’s latest reset has formally pushed costs beyond £100bn again. The revised programme pushes first services into the late 2030s and full completion into the early 2040s.

  • Late-payment bill targets retentions and 60-day terms

    Late-payment bill targets retentions and 60-day terms

    Construction payment reform has moved into Westminster legislation this week. Proposals would cap payment terms, mandate late-payment interest, strengthen enforcement, and move to ban cash retentions across construction contracts.

  • Court date set in falling glass case

    Court date set in falling glass case

    Court proceedings will examine the fatal Corniche falling glass case. Four companies face health and safety charges linked to a 2018 death near London’s Albert Embankment.

  • London office fit-out costs rank second globally

    London office fit-out costs rank second globally

    London now ranks second globally for high-specification office fit-out costs. Turner & Townsend’s data puts the capital just behind New York for premium workplace delivery.

  • Morrisroe order book rises after Villa Park and Battersea wins

    Morrisroe order book rises after Villa Park and Battersea wins

    Morrisroe’s order book has climbed after major project wins nationally. Villa Park and Battersea Power Station packages point to stronger specialist contractor demand and more selective workload management.

  • Building Safety Levy deadline sharpens viability risk

    Building Safety Levy deadline sharpens viability risk

    Pick Everard is urging developers to factor the Building Safety Levy into scheme pipelines before its 1 October implementation date, warning that late technical design and building control submissions could expose projects to additional cost and programme risk.

  • Statom order book reaches £617m

    Statom order book reaches £617m

    Statom Group has reported a £617m secured order book after broadening its work from concrete contracting into civil engineering, infrastructure, foundations, energy, ports, MEP, remediation, and integrated specialist delivery.