Construction now underway on £42 million Moray secondary school
Construction of Moray’s new secondary school is well underway and progressing ahead of its new schedule, though it is early days for the £42 million project.
Mild winter weather has helped contractors make swift progress on the beginnings of the replacement for the ageing Lossiemouth High School.
The overall project has been much-delayed but now work is underway, main contractor Balfour Beatty says it is running three-weeks ahead of schedule and remains on target to open in the summer of 2020.
To read more on this, click here.
Billionaire Warren Buffett targets UK construction insurance
A company backed by billionaire Warren Buffett is planning to boost construction insurance capacity in the UK. Berkshire Hathaway Specialty Insurance (BHSI) has announced it is expanding into the construction and property markets in the UK and Ireland.
Contractors are facing another round of premium hikes this year as the market continues to tighten for cover.
BHSI has appointed Simeon Seamer as its new Head of Property Construction, UK and Ireland.
Continue reading by clicking here.
Lagan Construction survivor sees off bank loan threat
Lagan Construction Aviation has seen off a threat to its ability to continue as a going concern by extending its banking facilities with a key lender.
Danske Bank was owed £24m by Lagan Construction Group Holdings, which went into administration last year, for a credit facility.
As a member of the wider group, Lagan Construction Aviation (LCA) – formerly known as Lagan Construction International Ltd - was jointly liable for money owed to Danske through an inter-company guarantee.
LCA’s recently filed accounts for the year ending 31 March 2018, said there was a risk to its ability to continue as a going concern because of its dependency on Danske to renew its the existing loan facility.
Union demands “period dignity” on construction sites
Construction union Unite has launched a campaign to ensure that female workers have period dignity on site.
The call comes after a survey of its women construction members found that a lack of facilities when women were having their periods was a major issue.
One said: “The toilets where I’m working are unisex portaloos. These are usually disgusting. “One portaloo. No separate changing facilities. No sanitary product bins or dispensers. “Asked for sanitary bins, got ignored. If a female says anything they don’t like, they put it down to PMT.”
If you'd like to learn more about this, read on here.