Interserve has reported a pre-tax loss of £111.5 million for last year, improving on the £244.4m it lost in 2017. Results posted today by the troubled contractor show an improvement in underlying operating profit – up 10% from £84.5m in 2017 to £92.7m in 2018 – on
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Scottish Power has revealed plans to spend up to £2 billion in the UK during 2019, its biggest ever investment in the country in a single year. The announcement came as the company updated its investment plans following the sale of its thermal generation business and transition to 100% renewab
More than 1,800 new construction jobs are expected to be created after the Construction Scotland Innovation Centre (CSIC) received almost £11 million of core funding to support the sector to innovate, modernise and grow. The investment from the Scottish Funding Council, Scottish Enterpris
North Lanarkshire Council has unveiled plans to progress redevelopment proposals for two prominent sites in Monklands. An area of Bank Street in Coatbridge and the former Orrs building in Airdrie have, for a number of years, been identified as areas requiring redevelopment.
Looking to improve your home in 2019? Planning to tackle that extension or loft conversion?
MIXED USE and NON-RESIDENTIAL Applicant: Mr Stephen Howard
The City of Edinburgh Council has named the preferred bidders for two separate contracts for the potential Trams to Newhaven project. A joint venture between Farrans, Sacyr and Neopul (SFNJV) is set to secure an infrastructure & systems contract, while Morrison Utility Services Lt
Five office fit-out companies have agreed to pay fines totalling more than £7 million after admitting being involved in cartel behaviour. The firms – Fourfront, Loop, Coriolis, ThirdWay and Oakley – have each admitted to breaking competition law at least once during the period
Activity in the UK construction sector declined in February 2019 for first time in 11 months. The IHS Markit/CIPS UK Construction Total Activity Index registered 49.5 in February – the first time it has dipped below the 50 no-change mark since March 2018.
With the anticipated introduction of ever-tighter regulations in relation to the energy performance of properties, Hardies Property & Construction Consultants have launched a dedicated nationwide Energy Service to provide expert advice to property owners, occupiers and landlords. Headed up by Ke
MIXED USE and NON-RESIDENTIAL Applicant: Nuveen Real Estate
The Interserve shareholder that called for the removal of directors from the company’s Board has issued a new plan to rescue the firm from administration. New York hedge fund Coltrane Asset Management, Interserve’s biggest shareholder, has tabled an alternative proposal that would l
RESIDENTIAL – TEN UNITS OR MORE Applicant: Sava Estates
Around £8 million is set to be invested in Dundee’s council houses for new fire and smoke detection systems in a programme to improve safety measures for tenants. Following Scottish Government consultation, the existing standard required in private rented housing is being extended to all
Over 100 people interested in a traineeship or apprenticeship in the construction industry attended a careers evening held by Clark Contracts at its head office in Paisley. The event, held during Scottish Apprenticeship Week, took place on March 5 and attracted over 100 attendees who had


