Financial & Legal

  • CLC warns conflict is pushing up construction costs

    CLC warns conflict is pushing up construction costs

    Construction leaders are tracking a fresh surge in materials volatility. The warning points to higher fuel, freight, and steel costs, with roof tiles still tight and margins under renewed pressure.

  • Consultation widens evacuation lift rules

    Consultation widens evacuation lift rules

    Fire safety guidance in England is heading for another overhaul. Proposed revisions to Approved Document B would widen expectations around evacuation lifts, external walls, roofs, and car park fire resistance, with consultation open until 17 June.

  • BCIS forecasts higher infrastructure costs to 2030

    BCIS forecasts higher infrastructure costs to 2030

    Civil engineering inflation is set to stay elevated through 2030. BCIS expects infrastructure tender prices to rise faster than underlying cost inflation, with electricity and rail activity helping keep output growth in positive territory over the next five years.

  • BCIS sees construction costs rise to 2031

    BCIS sees construction costs rise to 2031

    BCIS forecasts further cost growth across UK construction to 2031. Building costs are forecast to rise 14%, while tender prices climb 15% and new work output grows 12% over the same period.

  • SELECT backs retention ban, warns on loopholes

    SELECT backs retention ban, warns on loopholes

    Retention reform moves closer, but enforcement risks remain unresolved still. SELECT supports the proposed ban while favouring protected, ring-fenced deposits to stop withheld cash reappearing elsewhere in contracts.

  • Bridgman IBC assets marketed after administration

    Bridgman IBC assets marketed after administration

    Bridgman IBC’s specialist manufacturing base has been brought to market. The sale includes an 88,000 sq ft factory, production machinery, and associated equipment in Hartlepool.

  • Colas moves to acquire Frauenrath in Germany

    Colas moves to acquire Frauenrath in Germany

    Colas has agreed a German roads and recycling acquisition deal. The move would add Frauenrath’s road construction and circular economy activities to its German portfolio.

  • Future Homes Hub forms embodied carbon board

    Future Homes Hub forms embodied carbon board

    Future Homes Hub has launched a new embodied carbon board. The group will coordinate action on materials, transport, construction processes, and resource efficiency in housing delivery.

  • Travis Perkins flags fresh building materials inflation

    Travis Perkins flags fresh building materials inflation

    Travis Perkins sees fresh materials inflation risk from energy shocks. Supplier surcharges and fuel costs are moving back into focus across the UK construction supply chain.

  • BCIS records further civil tender price rise

    BCIS records further civil tender price rise

    Civil tender prices continued rising in the first quarter. BCIS panel members pointed to stronger electricity demand, patchier water activity, and mounting input-cost pressure from steel and copper.