Financial & Legal
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DIO is reviewing how military housing maintenance contracts are packaged. The £6.6bn programme could be split to widen competition and reduce delivery risk.
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European public buyers are now seeking market-ready circular construction suppliers. The consultation will focus on buildings and infrastructure procurement.
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Watson & Hillhouse will join a global piling equipment platform. The deal brings together UK, Finnish, and Dutch foundation specialists.
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Global has acquired Prism Energy to strengthen project controls capability. The deal expands its reach across infrastructure and energy delivery.
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Close Brothers has backed Mulberry Homes’ final Kingsbury Park phase. The funding supports completion of the £120m Leicestershire housing scheme.
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Graham has named Courtney McCormick chief executive from September 2026. The move follows record revenue, stronger cash, and higher pre-tax profit.
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The Construction Leadership Council says concrete roof tiles remain restricted. Wider building materials availability is stable, although procurement remains exposed to cost and demand pressures.
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Adur District Council has identified further Southwick housing rectification work. The delayed council housing scheme was disrupted after Westridge Construction entered administration.
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CIBSE has updated TM59 to sharpen residential overheating assessment methodology. The revised guidance strengthens design-stage checks for new homes and major refurbishments under future climate conditions.
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Mace says workforce churn now costs UK construction £1.3bn annually. Its analysis links site turnover to lost productivity, weaker continuity, and disappearing project knowledge.