Latest Business News

London’s controversial Tulip tower rejected over carbon and design concerns

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Plans for the controversial new 305m-tall “Tulip” tower in central London have been denied.

Today, November 11, secretary of levelling up, housing and communities Michael Gove has, on the planning inspector's recommendation, decided to block the development on environmental and design grounds. This comes after it had been widely reported that…

Construction and engineering need to work together for MMC to thrive

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Moving to Modern Methods of Construction (MMC) isn’t just about reducing the labour requirements needed to meet UK house building targets, it’s about reskilling existing workforces to ease pressures and bringing brand new skills to the sector. One of the key challenges is that young people aren’t inspired to start…

Cleveland Bridge equipment sell off underway to recover losses

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The assets of collapsed steel specialist Cleveland Bridge will be sold off in auction this week, with a viewing at the Darlington factory tomorrow.

The company fell into administration in July, owing over £20M to creditors. A number of suitors, including Keltbray, JRL Group and Morrisroe, were tipped to acquire the…

Increasing wages will not solve construction labour shortage on its own

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Professional services within the construction and real estate industry are seeing unprecedented rises in wages and it is causing a disparity between role levels and pay. The question is can the construction industry cope and what are the effects of such unequivocal rises in one sector on construction as a…