Technology

Building regulations should be changed so that no new homes are completed with gas grid connections after this year, an influential body has said. The Climate Change Committee (CCC), the government’s official advisory body on reducing emissions, outlined a range of measures needed to decarbonise the UK by 2050. The…

Offsite specialist McAvoy Group returned to profit after providing temporary buildings to schools hit by the RAAC crisis. Accounts for the year to 31 May 2024 show the firm’s pre-tax profit rose to £217,600, up from a £712,700 loss in its prior year. Turnover soared to £75.5m in the period,…

The entire portfolio of a building company’s modular assets has been put up for auction. More than 500 lots including a 2021 Stour Twin Column Welding Cell and 2020 ABB IRB 8700 Foundry Plus articulated robotic handling arm are available to buy. Asset disposal company BPI said the items represented…

A council in the West Midlands is on the lookout for contractors specialising in modern methods of construction (MMC). Staffordshire County Council launched a search for contractors to join a framework to complete MMC work to the tune of £45m over three years. Jobs will be on an ad hoc…

Modular specialist MTX Contracts has reported a 13 per cent increase in revenue to £129m.  The Cheshire-based building firm also saw its pre-tax profit rise from £5.1m to £6.8m, earning a profit margin of 5.3 per cent, during the financial year ending 31 August 2024.  The group, which uses modern…

NHS England is seeking 10 contractors to join a £37bn framework to deliver dozens of new hospitals.  Last month, the government announced plans to build or redevelop 34 new hospitals between 2025 and 2039, with projects divided into three five-year “waves”, as part of the revamped New Hospital Programme (NHP).…

The extent of losses racked up by modular builder TopHat have been laid bare, after the firm confirmed it ceased trading before Christmas. The Derby-based company published two sets of accounts last Thursday (16 January), showing that it plunged £53.8m into the red in the year to 31 October 2023.…

Balfour Beatty has agreed to sell rail-infrastructure data-analysis business Omnicom to Hitachi Rail. The value of the sale, which will see more than 100 staff switch employers, is not being disclosed. A Balfour Beatty statement on Friday (17 January) said the acquisition would help the business expand beyond the UK…

Balfour Beatty, Kier, Bam and Ferrovial are among those in the running to work on a world-leading prototype nuclear fusion power plant. As part of a £410m investment from the government to boost the UK fusion sector, the Spherical Tokamak for Energy Production (STEP) facility will be built at the…

Scottish affordable housing specialist Connect Modular has appointed administrators. FRP Advisory partners Michelle Elliot and Callum Carmichael took control of the Cumnock-based modular housebuilder on 6 January. They also took control of related company Hope South West Ltd on 7 January, according a statement from to FRP. The administrators said…