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CommentRising costs, mountains of red tape and the prospect of being hit for millions in liabilities: Ardmore’s woes hold a mirror to the industry
As the firm’s construction business goes into administration, the industry is left asking whether the burden of regulation, historic claims and low margins is making contracting an increasingly impossible business, writes Dave Rogers
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NewsLatest images unveiled of £500m masterplan for St Pancras Hospital redevelopment
Host of architects including Bennetts, AHMM and Howells working on London plans
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NewsHousing demand and sales remain in doldrums but decline stabilises, RICS says
RICS says ‘pace of decline no longer intensifying’ in latest UK Residential Market Survey
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NewsOutput edges up in April, official figures say
Wider economy contracted with Iran war blamed for fall
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NewsMcAlpine leaving Agratas’s £4bn car battery job after ‘agreeing to part ways’ with client
Contractor says decision made in wake of ‘extensive discussions’ with Tata subsidiary who says ‘different construction delivery model now needed’
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Features5 minutes with … Ken Graham at Burdens
The firm’s national sales director on fine margins, being patient, his dislike of modern glass towers and his wife’s ’unbelievable’ meat pies
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CommentIs the government jumping the gun on steel imports?
The government’s plan to tighten steel import quotas may be intended to back domestic producers, but for construction firms it risks higher costs, weaker supply resilience and fresh uncertainty at a difficult moment, says David Crosthwaite
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NewsCourt rubber stamps Van Elle’s £59m takeover by Austrian giant Strabag
Deal due to be formally completed next week
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NewsArdmore’s construction business goes into administration
Company says decision follows High Court ruling last month over Portsmouth residential scheme
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NewsMore than 1,000 homes in Derby get council thumbs-up
Scheme being developed by shopping centre owner Derbion
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