Jun20th
Saturday, June 20th, 2009
More positive signs in the construction industry last week included house builder Taylor Wimpey reporting ‘continued stability’ in the UK housing market since April. Their order books are up 73 per cent from the low mark at the end of 2008, which is also encouraging but we still have potential problems from rising unemployment. Taylor Wimpey plan to bring more houses to market during the second half of the year and note that “opportunities are starting to emerge to purchase good quality land at prices that should be value creating for Taylor Wimpey”. (more…)
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Jun12th
Friday, June 12th, 2009
Prince Charles managed to make the building industry headlines twice this week. First there was news that plans for a GBP1 billion housing development at the site of the old Chelsea Barracks has been withdrawn. This controversial Richard Rogers design was heavily criticised by Prince Charles earlier this year. The site owner and developer Project Blue are now in wide-ranging discussions, including with ‘The Prince’s Foundation for the Built Environment’, to see if they can come up with another cunning plan that meets with royal approval. (more…)
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Jun7th
Sunday, June 7th, 2009
We begin this weeks selection of industry news with a report from Capita Symonds who have won the first contract to be awarded via the Crossrail Design Consultant Framework. Crossrail will be the largest transport scheme in London and the South East for 50 years, as well as being the biggest construction project in Europe. It includes a 118 km rail link between Maidenhead and Heathrow in the west out to Shenfield and Abbey Wood in London’s east end. At the height of construction it is estimated that around 14,000 people will be employed on the project worth around GBP15.9bn. (more…)
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