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Severfield chief executive Ian Lawson 2

Exclusive: Severfield CEO warns on £6m 'maximum' Cheesegrater bolt costs

Exclusive: Severfield’s chief executive has warned the cost of replacing steel bolts on the Cheesegrater may rise above the £6m figure flagged with the City.

Richard Twinn policy and public affairs officer UK Green Building Council

Without a replacement, killing off the Green Deal will cost SMEs

By Richard Twinn

If there’s one catchword we hear time and time again from businesses operating in the UK’s low carbon economy, it is undoubtedly the word ‘certainty’.

Severfield chief executive Ian Lawson 1

Man of Steel: Ian Lawson on reputation, rebranding and replacing bolts on the Cheesegrater


Severfield’s CEO has had to deal with some prominent problems in his two years at the helm, but he insists the firm’s reputation remains intact and the once-struggling company’s turnaround is in full force.

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More news

Steel specialist goes into administration

Essex-based steel reinforcement specialist Kierbeck Thames has gone into administration.

Swansea Bay appoints new delivery director

Tidal Lagoon Power has appointed Mike Unsworth as the new delivery director for the £1bn Swansea Bay tidal lagoon power project.

Land Secs, Persimmon bosses join PM’s business advisory group

The chief executives of Persimmon and Land Securities are among a group of leaders who have been given a place on the prime minister’s business advisory group.

Nine Elms programme director takes on Tottenham role

Nine Elms Vauxhall programme director Helen Fisher has switched her sights to the regeneration of Tottenham.

Specialist housebuilder aims to double output by 2019

Churchill Retirement Living is aiming to double its output over the next four years, amid continuing growth in demand in the retirement homes sector.

NHS looks to property sales to fund new services

The NHS could be set to embark on a massive £5.5bn property sale.

23,000 firms in financial distress in last year

More than 23,000 construction firms said they have experienced “significant” financial distress over the last 12 months, according to new data from business recovery specialist Begbies Traynor.

Government to crack down on late payment

The government will appoint a small business commissioner in a bid to change the culture of late payments and unfair practices.

Waterloo rail redevelopment to begin in October

The multi-million pound redevelopment of Waterloo train station could begin as early as October after the station submitted a planning application to local authorities.

In Pictures: 650-tonne roof truss installed at Anfield

Carillion has successfully installed a 650-tonne roof truss using two of the largest cranes in the country as part of Liverpool FC’s stadium expansion.

Yorkshire housebuilders plan 1,500 home framework

Six Yorkshire housing associations have set out plans to build more than 1,500 homes over four years, as part of a multi-million pound framework.

Hammerson profit falls 9.2%

Retail developer Hammerson saw a 5.7 per cent increase in returns for the first half of the year, while profit before tax dropped 9.2 per cent.

Job of the week

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Digital edition

Construction News front cover 31 July 2015

Construction News digital edition – 31 July 2015

The government’s controversial decision to axe the Green Deal has come as a surprise to businesses, and Construction News reveals SMEs are already taking legal advice to try and regain hundreds of thousands of pounds invested in the dropped scheme; Severfield chief executive Ian Lawson gets to the bottom of the steel contractor’s recent Cheesegrater woes, a ‘sexy’ work culture, and a potential hand in Spurs’ new stadium; Highways England is incentivising contractors looking to get involved ...