Patrick is a news reporter and covers the commercial, retail and infrastructure sectors.
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Supermarket giant Asda will open 168 stores in 2011 after its acquisition of 194 Netto stores was cleared by the Office of Fair Trading.
The consortium behind the £1 billion Pinnacle Tower in the City of London has raised the funds needed to complete the development, Construction News understands.
The UK’s two largest contractors are turning to foreign markets for growth as the UK market remains uncertain.
Property chiefs have insisted a reform of the planning system and an increase in bank lending is vital for commercial development to continue its recovery through 2011.
Costain is considering a number of acquisitions in a bid to increase its appeal to “big spending customers”.
A Costain/Skanska joint venture has been awarded the Crossrail advance civil engineering works at Bond Street station worth up to £100 million.
Interior fit-out specialist ISG boosted turnover by over 30 per cent in 2010, driven by strong growth in the UK fit-out and food retail markets.
Willmott Dixon has landed an £86.3 million contract to build a large mixed-use Tesco development.
Balfour Beatty is expecting long-term spending on energy and other civil infrastructure projects to offset reductions in public sector spending.
Kier is using alternative building methods to avoid “the margin-slashing game”, according to chief executive Paul Sheffield.
- Plans for major extensions to two regional shopping centres
- Carillion aims to double turnover in Canada and the Middle East
- Energy efficiency could save UK firms £6bn a year
- Development Securities outlines development plans
- Crossrail appoints two non-executive directors
- Interserve confirms Mouchel approach
- Interserve named as mystery Mouchel bidder
- Costain dispels speculation over imminent Mouchel takeover
- Kier turnover up 9pc
- Mouchel in 'advanced discussions' with potential buyer