MBO completed at Edinburgh property developer Quartermile
TWO directors of Edinburgh-based property developer Quartermile Developments have created a new firm following a management buyout (MBO).
Chief executive officer Paul Curran and finance...
Work completes at “once-in-a-lifetime” distillery project
CONSTRUCTION work has been completed at the new £140 million Macallan distillery and visitor experience in Speyside.
Main contractor Robertson, working with 25 subcontractors, delivered the...
UK Government to consult on banning combustible cladding
THE UK Government is to launch a consultation on banning the use of combustible materials in cladding systems on high-rise buildings. The announcement comes in...
Carillion board slammed over “rotten culture” that led to firm’s demise
CARILLION’S business model was an “unsustainable dash for cash” a new report from MPs has concluded.
A joint report from the Business Energy and Industry...
CIOB urges sector to “get real” about worker exploitation
THE Chartered Institute of Building (CIOB) is calling for UK contractors to face up to “significant human right risks in their supply chains”, as...
Renew to buy Scots rail contractor QTS for £80m
ENGINEERING services group Renew Holdings has announced the proposed acquisition of Scottish rail contractor QTS Group in a deal worth £80 million.
The group said the...
Glasgow “a frontrunner” in bid to become Channel 4’s new regional hub
NEW Research by Barton Willmore has revealed that Glasgow is a "frontrunner" in the race to become Channel 4's new regional headquarters.
The broadcaster has...
Concerns growing over Brexit labour costs
EMPLOYERS are expressing growing concerns about rising labour costs in the face of Brexit, the latest Scottish Construction Monitor has shown.
The quarterly survey of...
Making waves: artificial surf park gets the green light
WAVEGARDEN Scotland has secured planning permission to build Scotland's first man-made surf park near Ratho, Edinburgh.
In what has been tipped to provide a major...
First Minister unveils new Norbord plant following £95m investment
FIRST Minister for Scotland Nicola Sturgeon has unveiled a new manufacturing line at Norbord’s Inverness plant, following a £95 million investment.
The wood panel manufacturer...
Kier confirmed as preferred contractor for Citizens Theatre project
KIER Construction has been confirmed as the preferred contractor to deliver the first stage of the redevelopment of the Citizens Theatre in Glasgow.
Work is...
CITB to reduce workforce by more than 50% as new business plan aims to...
THE Construction Industry Training Board (CITB) has released its three-year business plan, which it claims will make a "radical difference" to the organisation.
The changes...
“Unprecedented sequence of problems” creates major challenge for Scots construction sector
A restructuring specialist has warned that further failures are likely in the Scottish construction sector due to a cash flow "crisis".
Derek Forsyth, head of...
Peter Lauener to become new CITB chair
PETER Lauener has been appointed the new chair of the Construction Industry Training Board (CITB).
He is currently interim chief executive of the Student Loans Company,...
Builders welcome Help to Buy scheme extension in Scotland
HOMES For Scotland (HFS) has welcomed the Scottish Government's decision to extend funding of its Help to Buy scheme for two more years.
From April 2019,...
Faults found in 19 Edinburgh public buildings
19 Edinburgh public buildings were found to have similar faults to those found in Oxgangs Primary School, a new report has found.
The Accounts Commission...
Ravenscraig regeneration gathers pace as new masterplan is submitted
THE regeneration of Ravenscraig looks set to gather pace after developers submitted a masterplan aimed at attracting major investment into the area.
The planning submission...
Galliford Try raises rights issue to cover Aberdeen Bypass costs
GALLIFORD Try has announced a rights issue to raise £157.6 million to cover over-run costs on the Aberdeen Western Peripheral Route/Balmedie to Tipperty (AWPR)...
Aberdeen bypass opening delayed until autumn 2018
THE Scottish Government has announced a "very disappointing" delay to the opening of the new £745 million Aberdeen bypass.
Economy Secretary Keith Brown has announced that...
Multi-million pound hotel and retail plans submitted for A9 site
PLANS have been submitted for a multi-million pound hotel, food and retail development village on the A9.
William Frame, managing director of Tomatin Trading Company,...