Latest Business News

HS2 draws up contingency plans after subcontractor collapses

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HS2 Ltd is drawing up "contingency plans" after the collapse of a subcontractor working on two of its packages.

Civil engineering contractor Roadbridge - which was delivering contracts for the project's Align and EKFB joint ventures - announced on Friday that it has been placed into receivership. HS2 Ltd is now…

Why developers should plan ahead for biodiversity net gain

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By law, developers now need to legally deliver 10% Biodiversity Net Gain (BNG) on all sites and projects in England and maintain this for at least 30 years.

Moving from a position of no net loss to providing net gain is crucial in tackling biodiversity loss and climate change. By…

French engineering giant snaps up Weston Williamson

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French infrastructure and engineering firm Egis has bought a majority share in iconic UK architecture practice Weston Williamson + Partners.

Weston Williamson + Partners brand and company leadership will now come under Egis’ parent company. However, the practice has stressed that “the practice’s business and client focus will remain unchanged” for…

NCE teams up with CN to support women in construction and engineering

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NCE is teaming up with its sister publication Construction News to champion the role of women in construction and engineering.

The two publications are marking International Women’s Day today with the announcement of their collaboration, called Inspiring Women in Construction and Engineering. The joint initiative builds on previously initiatives carried out…

Aecom pulls out of Russia with immediate effect

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Aecom has announced that it will “immediately exit” its business operations in Russia.

The engineering behemoth has announced that it will shut down its Russian business and exit all ongoing contracts in the region. It expects to suffer a one-off financial hit of between £30M and £38M as a result of…

ICE members vote to introduce Chartered Infrastructure Engineer title

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The ICE is poised to introduce its hotly-contested Chartered Infrastructure Engineer title after members voted in favour of it.

More than 67% of voting members backed the plans in a ballot which saw a record turnout with 17.6% of eligible members casting their vote. Introducing the new title requires changes to the…