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Tariffs have had ‘no immediate impact’ on customer confidence, says Persimmon chief

2 weeks ago | building.co.uk | Daniel Gayne

Housebuilder adds it is on track to complete up to 11,500 homes this yearRecent uncertainty in the global economy triggered by the new US president’s tariff regime has had no impact on Persimmon’s business, according to the firm’s boss. Last month, Donald Trump announced a minimum 10% tariff on all US imports, triggering frantic negotiations with trading partners, escalating the trade war with China, and creating significant uncertainty for firms in the UK.
Morgan Sindall says trading in line with upgraded forecasts

2 weeks ago | building.co.uk | Dave Rogers

Firm sticks to earlier forecast that year-end number will be ahead of previous £178m consenusMorgan Sindall said trading this year has been better than expected thanks to a ongoing fit out boom.
Turkish contractor working on Barcelona’s new ground to build Luton Town stadium

2 weeks ago | building.co.uk | Dave Rogers

Job is believed to $2bn-plus turnover Limak’s first in UKTurkish contractor Limak International has been appointed to build a new stadium for Championship side Luton Town. The job is believed to be the Ankara-based firm’s first in the UK, having first been set up in 1976 with, according to its 2023 annual report, the company employing just over 42,000 people. Contracting is one part of the wider group’s businesses with Limak Holding also operating in tourism, aviation, food and drink and cement.
Building safety hold-ups blamed as new housing starts in London plunge to 16-year low

2 weeks ago | building.co.uk | Dave Rogers

Delays getting gateway 2 sign-off sees new home builds in capital collapse as one firm describes problems as ‘national scandal’ A new report has said that 23 of London’s 33 boroughs had zero new housing starts in the first quarter of this year. Residential development consultant Molior said work on just 1,210 homes had begun in only 10 London boroughs.
‘You’re operating in the grey space, making decisions with a lot of unknowns’: Katy Dowding on two years at the top of Skanska UK

2 weeks ago | building.co.uk | Chloe McCulloch

The firm’s president and CEO took the helm at a turbulent time for the country and for contractors. She tells Chloe McCulloch about her leadership style, her rejigged executive team and how industry and government can deliver more with less if they work together. Portrait photography by Tom Campbell Katy Dowding is not where she should be.
Profit rebounds at Bowmer & Kirkland

2 weeks ago | building.co.uk | Dave Rogers

B&K says focus remains on strengthening balance sheet to give confidence to clientsProfit at Bowmer & Kirland rebounded last year after being hit by the impact of inflation and subcontractor failures in the previous 12 months. In accounts now filed at Companies House, B&K said pre-tax profit was up a third to £69m in the year to August 2024 with income up 4% to £1.3bn. Operating profit was up 46% to £35m.
London council unanimously rejects plans for 29-storey Battersea tower

2 weeks ago | building.co.uk | Tom Lowe

Height of Farrells-designed scheme branded ‘excessive and harmful’ Terry Farrell’s proposals for a 29-storey mixed-use tower at the southern end of Battersea Bridge have been resoundingly refused by Wandsworth council’s planning committee. Councillors unanimously rejected developer Rockwell’s controversial 110-home Glassmill scheme at a committee meeting yesterday evening following a discussion lasting just over an hour in which no councillor voiced support for the plans.
Aston Villa begins hunt for contractors as club rejigs way North Stand expansion will be carried out

2 weeks ago | building.co.uk | Dave Rogers

Premier League outfit had initially proposed full rebuild under plans first revealed nearly three years ago Aston Villa has begun the hunt for a contractor to expand the North Stand at Villa Park which will take capacity above 50,000. The club, which has revealed new images of the proposals, unveiled plans for the redevelopment back in August 2022 when a full rebuild was initially planned at a cost of around £100m.
Mace brings in former ISG leader to head up Europe life sciences business

2 weeks ago | building.co.uk | Dave Rogers

Gary Sweeney joins from interim role at T&TMace has brought in a former ISG staffer to head up its European team working across the healthcare, life sciences and technology sectors. Gary Sweeney has spent the past few months working as interim director of Turner & Townsend’s advanced manufacturing, industrial and logistics division across the UK and Europe. He joined T&T from ISG where he was in the leadership team at the collapsed firm’s hyperscale business.
Peabody and Mount Anvil get green light for final phase of 1,300-home scheme in west London

2 weeks ago | building.co.uk | Daniel Gayne

Approval follows tussle with Ealing council over affordable contributionPeabody and Mount Anvil have been given the green light to progress with the final phase of a 1,345-home estate regeneration project in west London. The third phase of the Friary Park scheme will see 693 homes delivered in Acton, after updated proposals for the development were approved by Ealing council.