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construction

  • New home approvals fall to lowest level in a decade as Labour promises planning overhaul

    September 19, 2024

    In the year to June, approvals dropped 12 per cent to just over 230,000 units, the lowest figure for any 12-month period in the last decade.

  • Golfer Maguire urged to drop Kingspan sponsorship following Grenfell Inquiry

    September 18, 2024

    Fellow golfer Shane Lowry ended his commercial relationship with Kingspan last week after the public inquiry into the London tower block fire.

  • London developer seeks planning approval for delayed Earls Court project

    September 17, 2024

    The Earls Court Development Company (ECDC) has officially submitted its long-awaited plans for the first phase of redevelopment for its central London site.

  • Henry Boot: Property developer announces higher dividend as market recovers

    September 17, 2024

    Property developer and investor Henry Boot has announced a five per cent rise in its interim dividend on good sales and a better outlook for the property market. Its the second time the developer has upped its dividend this year – in March, it proposed a final dividend of 4.40p, an increase of 10.0 per [...]

  • Grenfell-linked firms awarded £350m in public sector contracts since fire

    September 17, 2024

    Companies linked to the Grenfell fire have been awarded over £350m in public sector contracts since the building tragically caught fire seven years ago, a new analysis of public sector contracts has revealed. Figures shared with City A.M. showed that Saint-Gobain, Rydon and Kingspan – which all had connections to the fire – have between [...]

  • Kier Group boss ‘confident’ of more dividends as order book nears £11bn

    September 12, 2024

    Kier Group shares have performed exceptionally over the last year, rising over 40 per cent amid strong orders.

  • Labour’s housebuilding plans ‘too reliant’ on private sector

    September 12, 2024

    An influential think tank has argued that the government is unlikely to meet its ambitious housebuilding targets because it is "too reliant" on the private sector.

  • Barratt Developments to partner with Lloyds and Homes England on housing project

    September 9, 2024

    Barratt Developments has announced a joint venture with Homes England and Lloyds Bank to build thousands of new homes across the country. The partnership will bring together Barratt, one of the UK’s leading housebuilders, Homes England, the government body responsible for housebuilding and regeneration in England, and Lloyds Banking Group, one of the largest funders [...]

  • Construction sector ‘turns a corner’ as housebuilding jumps

    September 5, 2024

    Tim Moore, economics director at S&P Global Market Intelligence, said the recovery in housebuilding was the "most notable development" in August.

  • How brickies built the UK’s fastest growing radio broadcaster

    September 5, 2024

    Video may have killed the radio star, but builders are bringing it back. Fix Radio CEO Louis Timpany tells City A.M. how he built the UK’s fastest growing national broadcaster.

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