Scotland launches national investment bank

Scotland launches national investment bank

It will focus on supporting Scotland’s transition to net zero, extending equality of opportunity through improving places and harnessing innovation. The bank is being capitalised by the Scottish government with £2bn over ten years and will provide long-term investment for businesses and projects. It is also intended to catalyse further private sector investment. Plans for…

How to control spiralling professional indemnity premiums

How to control spiralling professional indemnity premiums

Professional indemnity insurance (PI) protects construction firms against allegations made by clients relating to errors in the design or the construction of a project – covering their legal defence costs and any damages awarded. But premiums and excesses for construction PI have rocketed in the past couple years.    How has this happened? And what…

Network Rail shorlists five for future station design competition

Network Rail shorlists five for future station design competition

Burgess Hill railway station Network Rail and RIBA Competitions invited architects and engineers to ‘reimagine’ the design of small to medium-sized railway stations, which make up 80% of all those on Britain’s railway.  More than 200 submissions were received, from designers based in 34 different countries.  The five selected to go through to the next…

Birmingham approves £260m BTR tower

Birmingham approves £260m BTR tower

The 39-storey tower has been designed by Ryder Architecture The 63,760 sqm development will have 722 flats, exclusively for rent, with shops, bars and cafes and street level. The site is the Great Charles Street car park in the Jewellery Quarter, which has long been identified by Birmingham City Council as an opportunity for regeneration….

Vinci acquires process engineer

Vinci acquires process engineer

From left are Actemium UK director Derek Burton, Eltek Systems director Paul Armstrong, Eltek MD John Smith, Eltek senior manager Dean Gillies and Vinci Energies CFO Scott Van Der Vord Vinci Energies UK & RoI, Vinci’s electrical contracting business, has strengthened its industrial automation and process control capabilities with the acquisition of Eltek Systems Ltd…

Green light for Leeds PBSA

Green light for Leeds PBSA

The building has been designed by Howarth Litchfield Designed by regular Alumno partner architect Howarth Litchfield, the 11,955 sqm purpose-built student accomodation (PBSA) project is approved for construction on a disused site on Whitelock Street, described by the developer as ‘run down’. It will have 105 residential units that will house 411 students in 53…

New CFO for Costain

New CFO for Costain

Helen Willis, Costain’s new chief financial officer Costain announced last month that Tony Bickerstaff was stepping down after 14 years in the CFO role for the company. Helen Willis was most recently chief financial officer of De La Rue, the company that prints banknotes, until January this year. Before that she worked at electronic components…

Balfour Beatty wins £47.5m substation contract

Balfour Beatty wins £47.5m substation contract

At peak construction, the project will employ a workforce of 100. The contract award forms part of a programme by SSEN Transmission to reinforce the network in the area and facilitate the connection of more renewable energy to the national grid. Balfour Beatty will build the 25,625m2 substation as well as all associated cabling and…

Cement-free concrete used for heat-proof laboratory

Cement-free concrete used for heat-proof laboratory

The Extreme Photonics Applications Centre is under construction Mace is building a new advanced imaging centre, known as the Extreme Photonics Applications Centre (EPAC), at the Harwell science campus in Didcot. The £81m project is for the UK’s Science & Technology Facilities Council (STFC). A unique concrete mix was designed for the project to support…

Transport for the North pitches for new rail lines

Transport for the North pitches for new rail lines

Transport for the North has formulated its pitch to the transport secretary for what it calls the ‘northern powerhouse rail’ project. Following a Transport for the North meeting on 19th November, elected mayors, council and business leaders have recommended the government commits to their plan for northern powerhouse rail (NPR). The documents sets out a…