More news – Page 448
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Costain’s shares slump below £1
Contractor’s stock continues to fall after yesterday’s losses and rights issue announcements
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Government planning reforms include ‘zonal approach’
Deregulatory proposals come alongside plans to expand controversial permitted development rules
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Galliford Try sends staff home and insists on force majeure clauses to cover coronavirus
More than 50 IT and payroll staff began working from home on Monday
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Coronavirus forces Berkeley to postpone £455m investor payout
Housebuilder says decision was made “in the context of the current increased macro uncertainty”
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Mace developments chief heading off to Middle East
David Grover has been at business since 1992
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Firms fret as warnings over impact of coronavirus on industry grow darker
Contractors set up ‘war rooms’ to deal with outbreak while lawyers see increase in inquiries over contract clauses
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Government to unveil planning overhaul
Housing secretary Robert Jenrick to spell out plans later today
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Race to build driver-less transit system at HS2 station begins
Construction at Interchange site in Solihull expected to start in 2022
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Housing sector welcomes ‘upbeat’ Budget
Chancellor announces measures to boost affordable housing and remove dangerous cladding from high-rise buildings
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Sunak delivers ‘jam tomorrow’ Budget
Billions for infrastructure and housing, but new chancellor’s announcements were short on detail
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Cautious approval for Sunak’s first Budget
Chancellor pledges billions to fund industry projects
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Balfour Beatty promises to be more picky with clients after £200m Aberdeen road loss
Scheme ended up costing more than double its original £533m price tag
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Construction output dips in January
But latest ONS figures show three-month improvement thanks to rise in new work
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Sites may have to close because of coronavirus, Balfour Beatty admits
Firm’s top executives meeting twice a week to discuss mitigation plans
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Costain launches £100m rights issue to shore up creaking balance sheet
Firm sank into the red last year
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Cost of jobs set to rise as coronavirus crisis deepens
New figures show virus-hit China accounted for nearly one fifth of all UK construction imports last year
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Bank of England cuts interest rates as construction looks for infrastructure answers in Budget
Rishi Sunak’s Budget due this afternoon