Soaring inflation in the UK construction sector exacerbated by the conflict in Ukraine means that businesses should focus on securing a resilient supply chain and getting the basics right to guard against further shocks, according to Turner & Townsend.
Turner & Townsend
The UK construction sector needs to act now to boost productivity and counteract soaring inflation for labour and materials in the years ahead, according to Turner & Townsend.
Transport Scotland has reappointed Turner & Townsend to provide the audit and monitoring service in relation to the technical, financial, and commercial management of the maintenance and improvement of the Scottish Trunk Road Network.
The UK construction sector cannot ‘firefight’ inflation but needs to look at a range of levers to manage the prospect of tender price rises to 5.5% as far ahead as 2025, according to professional services company Turner & Townsend.
The Ayrshire Hospice could be set for a £13 million refurbishment and redevelopment to help ‘future proof’ the facility under new plans lodged to South Ayrshire Council.
A multi-disciplinary consultant team led by Turner & Townsend has been appointed by the City of Edinburgh Council to work with the Wester Hailes community to translate their vision into a master plan for the area.
Real estate firm CBRE is to acquire a majority interest in project management firm Turner & Townsend. CBRE will acquire a 60% stake for approximately £960 million in cash, with 55% to be paid upon closing, and enter into a strategic partnership with the UK-based company.
The construction sector should prepare for the possibility of sustained price pressures, according to Turner & Townsend’s latest UK Market Intelligence Report.
Construction Scotland Innovation Centre (CSIC) has announced the appointment of Andy Outram as its new chairperson. Andy has extensive experience across the UK’s construction sector, having worked in the industry for 35 years. He is currently lead director for real estate in Scotland at Turner
As the industry looks to power the post-COVID economic recovery, embedding sustainability strategies will be critical to strengthening the supply chain and achieving the country’s net zero targets, according to the latest UK Market Intelligence Report (UKMI) from Turner & Townsend.
A multi-disciplinary design team led by architects Hawkins\Brown and civil and structural engineers Civic Engineers has been appointed to regenerate both banks of the River Clyde at Custom House Quay.
Aberdeenshire Council has awarded a £1.3 million construction phase contract for repairs to the Banff Railway Jetty and East Pier.
Construction has started on the flagship National Manufacturing Institute Scotland (NMIS) facility at the heart of the Advanced Manufacturing Innovation District Scotland in Renfrewshire.
Professional services business Turner & Townsend has advised UK construction clients to swiftly finalise and activate their risk management strategies before the end of the Brexit transition period.
The Atlantic Square commercial development in Glasgow has reached an important milestone and revealed some of the techniques being used to create it. The £150 million project, comprising three buildings that will initially house 2700 employees for the HMRC, reached its highest point of constru