Energy and water carry the week while housing turns down
Grid, water and nuclear work lands for years ahead, housing forecasts and warnings worsen, and big awards arrive with a Mace loss and more subbie failures.
Every Friday, the stories that mattered and what each one means for the people who build the industry: who is hiring, who is cutting, and where the work is going.
Grid, water and nuclear work lands for years ahead, housing forecasts and warnings worsen, and big awards arrive with a Mace loss and more subbie failures.
Five contracts put people on site this week, a wave of frameworks and approvals queue behind them, and one more contractor has folded.
Five major frameworks were awarded, profit outran turnover at several contractors, and Helix Construct's collapse halted six Greenwich schemes.
Infrastructure and water contracts keep landing, two big housebuilders post heavy losses, and two more subcontractors collapse.
Two contractors collapsed, frameworks moved through every stage from shortlist to signed, and four approvals opened work for the 2030s.