Inheritance Tax Pushes Family Construction Firms to Brink
Family-run construction plant-hire firms are scaling back investment due to inheritance tax changes, jeopardizing Labour's 1.5 million homes target and industry recovery.
Family-run construction plant-hire firms are scaling back investment due to inheritance tax changes, jeopardizing Labour's 1.5 million homes target and industry recovery.
German investors have committed an extra £500 million to the Olympia redevelopment in Kensington, with Deutsche Bank providing a £900 million loan. The project includes a British Airways-sponsored arena, theatre, hotels, and offices.
A massive 40,000-pound tofu spill near Jerome, Missouri, created a horrific odor after rotting for weeks. The cleanup, dubbed the 'Jerome Tofu Monster,' involved local fire officials battling the smelly aftermath.
Plans to transform Kingston Ancient Market, one of London's oldest street markets dating to 1170, include a new restaurant, cafe, bar, central piazza, and roof terrace to revitalize the historic site for future generations.
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RecommendedAn 18-year-old man has been arrested on suspicion of arson after a devastating fire ripped through a Grade II listed silk mill in Leek, Staffordshire. The historic building, dating back to 1860, was set to be converted into apartments.
A massive fire has destroyed the Grade II listed Big Mill in Leek, Staffordshire, a 165-year-old silk industry landmark. Fire crews battled the blaze overnight as the building was left severely damaged.
A massive fire tore through the Grade II-listed Big Mill in Leek overnight, with fire crews battling flames and smoke. The historic building, dating to 1857, was vacant but slated for conversion into flats.
Twenty-one NCP town and city centre car parks are closing permanently after the 95-year-old company entered administration, putting 683 jobs at risk nationwide.
A London authority is pursuing a refund for fire safety works on a building that later burned down, raising questions about oversight and accountability in construction regulations.
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RecommendedA building partially collapsed on King Street in Oldham, Greater Manchester, with five people escaping and two hospitalized with non-life-threatening injuries. Emergency services, including fire crews and police, responded, leading to road closures and tr
Construction costs for London skyscrapers have surged 40% in five years, causing delays and cancellations. Only one major tower is expected to complete in 2026 as inflation and planning challenges mount.
Mace, a major HS2 contractor, warns that new steel import tariffs will exacerbate cost pressures on UK construction projects, including the £100bn high-speed rail line, as energy shocks from the Iran war already inflate prices.
Donald Trump's global disruptions are stalling major UK construction projects, pressuring councils to cut affordable housing and public amenities as developers seize leverage.
A 19-year-old construction worker in London fell six storeys to his death through an improperly covered ventilation shaft in what investigators called a wholly avoidable workplace accident.
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RecommendedA 19-year-old labourer died in a preventable fall at a West London construction site. The company has been fined over £40,000 for safety breaches.
A man was run over by a construction digger on Kilburn High Street in north London, with witnesses describing screams and chaos as emergency services rushed to the scene.
The Canadian government is launching ambitious infrastructure projects in the Arctic, including new roads and ports, to boost sovereignty, security, and economic development in the vast northern region.
A federal judge has criticized Donald Trump's demolition of the White House East Wing and his $400 million ballroom project as 'brazen,' indicating he might terminate the construction later this month amid a lawsuit over congressional approval.
The boss of Travis Perkins warns that the Middle East conflict and soaring energy prices will force building material suppliers to hike costs, threatening construction projects.
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RecommendedCroydon residents get fresh look at town centre regeneration plans with new images showing public square, shops, and community spaces. The Croydon Project aims to revitalize the area with retail, housing, and cultural activities.
A devastating fire at a Glasgow vape shop highlights urgent need for stricter regulation of lithium-ion batteries and fire safety enforcement in retail spaces.
Breedon Group CEO Rob Wood warns Labour's 1.5 million homes target is unachievable due to lack of support for domestic construction industries and crumbling infrastructure.
Construction giant Balfour Beatty reports 51% profit growth to £323m, with shares jumping 9% as it targets UK energy, transport, and defence projects amid government infrastructure plans.
The High Court hears claims that the City of London Corporation failed to properly consider alternatives before approving demolition of the former Museum of London for office blocks, breaching its own policies.
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RecommendedThe recent blaze at Glasgow Central station underscores the ongoing threat to the city's Victorian architecture, with experts calling for proactive preservation measures and improved safety protocols.
Eamonn Hughes, an Irish immigrant who contributed to modern Britain's infrastructure, passed away at 87. From laborer to supervisor, he worked on projects like Leeds United's Elland Road and the inner ring road.
Plans for a distinctive roundabout featuring a sheep sculpture in Beverley have been rejected by council officials who cited highway safety risks including potential driver distraction and physical hazards.
A tower crane collapsed at a Barlby Road construction site in Ladbroke Grove, forcing the evacuation of approximately 100 people. No injuries were reported, but the site remains closed pending investigation.
A federal panel has postponed a vote on Donald Trump's $400 million ballroom addition to the White House until April 2, citing overwhelming public opposition and thousands of negative comments.
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RecommendedMotorists in Petersfield, Hampshire, face unexpected car troubles as squirrels hide acorns in engine pipes, leading to power loss and turbocharger issues, with mechanics reporting multiple cases in a single week.