Construction industry Headlines

  • Firms more reliant on EU staff as British builders close in on retirement with few young replacements

    A generation of British builders are getting closer to retirement, leaving the UK increasingly more reliant on EU labour.

    The Telegraph
  • Crest Nicholson's margins squeezed by rising costs

    Housebuilder Crest Nicholson is feeling the pinch of rising construction costs and a slower housing market, prompting it to warn that its margins will come in at the bottom of its guidance this year.

    The Telegraph
  • Teenage girl gets electric shock near Sydney light rail site

    Injury to Anna Lambden, 15, believed to be linked to an exposed wire near the Haymarket site Transport authorities say Sydney pedestrians are safe after a teenage girl received an electric shock on the weekend believed to be linked to an exposed wire near the city light rail project.Fifteen-year-old Anna Lambden was injured at Haymarket on Sunday near a light rail construction site when she took off her uncomfortable shoes and walked towards the train station in wet socks, according to her...

    the Guardian
  • Carillion's accountants and lawyers will get £70m to manage collapse

    Taxpayers to foot the £148m bill for failed outsourcing firm, says National Audit Office Accountants and lawyers will earn £70m managing the fallout from the collapse of Carillion, according to the National Audit Office, with taxpayers expected to foot a bill of more than £150m. In a report into the government’s handling of the outsourcing company, the NAO said the liquidation of Carillion showed the government had “further to go” in understanding the financial health of suppliers whose failure...

    the Guardian