Coronavirus and construction – Page 9
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Impact of covid won’t be as bad as 2008 financial crash, listed architect predicts
Aukett Swanke chief says despite problems caused by pandemic, plenty of funding remains for projects
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Government concedes public authorities will have to cancel construction contracts
New guidance runs until October
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Covid productivity losses triggering delays and jump in costs, Turner & Townsend says
Consultant adds typical £20m project now expected to cost 3% more – wiping out firms’ margins
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Industry had better get used to social distancing despite 2m rule relaxation, CLC chief warns
New measures good for housebuilders, Andy Mitchell says, but adds their impact will be mixed
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BDP announces up to 70 redundancies
UK’s biggest architect looks to shed jobs as furlough scheme winds up
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London’s size helping it cope with covid crisis, latest RLB survey into pandemic’s impact says
But worries grow over jobs in regions
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More workers allowed on Scottish sites
Further relaxation of restrictions north of border due in coming weeks
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RG Carter consulting staff over job losses
Norwich contractor declines to comment on speculation up to 5% of staff are at risk
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Planning decisions delayed as companies face difficulties getting hold of council staff
But tender opportunities increasing, Barbour data adds
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Costain says sites settling down after covid-19 low
Trading update says its has close to £100m cash in bank
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Laing O’Rourke planning to unfurlough all 900 staff on government jobs scheme next month
Firm adds it will put all employees back on full pay from August
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London contractor offers covid-19 antibody test to staff and suppliers
Collins Construction says it has tested more than 230 people this week
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Zaha Hadid warns coronavirus could hit profit
Impact on cash flow could become more significant in coming months, say directors
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NAO criticises rate of progress to replace ACM cladding on private resi towers
Spending watchdog says government expects to foot the bill for 94 out of 208 private sector projects
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Taylor Wimpey raises £500m to buy up land
Housebuilder looks to take advantage of cheap sites during the pandemic crisis
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Worries grow over cut-throat bidding and cash flows drying up, Mace report finds
Tender forecast expects ‘substantial drop’ in new projects over next 18 months