Category : Search result: construction sector


Banks set to escape tax rises in Reeves budget

Chancellor Rachel Reeves is expected to spare Britain's banking sector from tax rises in her first major Budget, despite previous Labour criticism of bank profits during the cost-of-living crisis.

Labor accused of hiding 'jobs for mates' report

Explosive allegations emerge as Labor faces accusations of concealing a damaging report revealing political favouritism in public sector appointments. Opposition demands transparency.

Munich's legendary river wave mysteriously vanishes

The Eisbach river wave, an iconic urban surfing spot in Munich, has unexpectedly disappeared following construction work, devastating the city's vibrant surf culture and prompting urgent questions about its future.

Bali's Kelingking Beach gets controversial lift installation

The dramatic cliffside beauty of Bali's Kelingking Beach is set for a major accessibility overhaul as construction begins on a controversial new lift system, sparking debate between tourism development and environmental preservation.

Scissor Lift Joyride: Two Arrested in London

Two men have been arrested after taking a scissor lift on an unauthorised joyride through central London, reaching speeds of just 6mph in a bizarre late-night incident that brought early morning traffic to a standstill.

Salesforce UK profits surge 82% despite job cuts

Tech giant Salesforce sees UK profits surge by 82% to £52.6 million while implementing significant workforce reductions and strategic restructuring across its British operations.

Mammoth Christian monument rises near Birmingham

Construction begins on Britain's largest Christian monument - a 52-metre 'Prayer' sculpture overlooking Birmingham that's set to become a major pilgrimage site and tourist attraction by 2026.

London Tunnel Collapse Nearly Destroyed Elizabeth Line

Exclusive investigation reveals how a massive tunnel collapse threatened to destroy London's newest railway line during construction, with terrifying footage showing the moment engineers faced disaster.

World's Most Valuable Museum Opens After 20-Year Build

After two decades of planning and construction, the monumental Museum of Planetary Heritage has finally opened its doors, housing artefacts valued at nearly £1 billion in a spectacular new cultural landmark.

Budget Uncertainty Creates 'Brutal' Climate for Boat Show

The prestigious Southampton International Boat Show faces unprecedented challenges as government budget decisions create a 'brutal' climate for marine businesses, with exhibitors feeling 'very attacked' by financial uncertainty.

MHA Engineering delivers double-digit revenue growth

London-based MHA Engineering delivers impressive financial performance with double-digit revenue growth, driven by strategic diversification and infrastructure investment across key UK sectors.

Bank shares jump despite motor finance scandal fears

Despite mounting concerns over a potential £16bn motor finance mis-selling scandal and fraud allegations reminiscent of Madoff, London's banking shares demonstrate remarkable resilience with significant gains across the sector.

Sagrada Família Crowned World's Tallest Church

After 143 years of construction, Gaudí's masterpiece in Barcelona has officially become the world's tallest church, marking a monumental achievement in architectural history.

Private Credit Chiefs Escalate War of Words with Banks

Top private credit executives escalate their battle with mainstream banks, claiming superior lending models and dismissing banking sector criticisms as outdated rhetoric in this exclusive City A.M. investigation.

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