Contractors
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MCC to let stand rebuild as single-stage job after original contractor fails to agree price on latest Lord’s work
Club had proposed to redevelop two stands under two-stage deal but said Graham’s figure “considerably exceeded the sum” agreed with members
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Amount of money needed to fix ISG’s finances ‘way bigger’ than first thought, entrepreneur who tried to buy firm says
Andre Redinger says stricken contractor’s liabilities were ‘three or four times’ amount he first offered, leading to reduced bid this month
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Rival fit-out firm rules out taking on jobs left stranded by ISG collapse
Boss of smaller BW business says impact on company’s supply chain expected to be minimal
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ISG regional boss heads back to Multiplex
Jason Curtis rejoins company after former employer went under last week
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Fit-out firm Beck ‘owed £16m in contract dispute’ as unsecured creditors hit for £69m
Part of business sold under pre-pack deal saving 70 jobs as firm says it was hit by ‘liquidity challenges because of customer dispute’
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Former ISG chief Matt Blowers joins Structure Tone
US firm’s London staff told this afternoon that Blowers is joing with immediate effect
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Industry’s ‘broken economic model’ under scrutiny in wake of ISG collapse
Consensus grows that margins levels ‘not sustainable’ and more firms will go to wall unless current system changes
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HSBC offices shortlist down to two after ISG failure
Fit-out job with £200m price tag currently biggest being let in London market
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Rivals battle for ISG staff including firm’s Google team as stricken contractor’s fit-out business files for administration
Number of UK subsidiaries to have made application for administration rises to eight
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Ongoing projects involving ISG could be worth nearly £5bn
Barbour ABI estimate based on total project values relating to schemes with completion dates from 2024 onwards
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Timeline: How ISG went from ‘wholly inaccurate’ claims about its financial health to ‘ISG has filed for administration’
In space of 10 months, firm went from dismissing sepculation to the brink of administration
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Offices closed and sites shut as ISG set to file for administration, chief executive confirms
Contractor to go under two months after firm’s chairman said rescue deal was ‘days away’
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Clients told to move quickly to find replacements for ISG, or risk sites being stalled for months
Rivals say jobs novating jobs across as soon as possible will see mimimum delays
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‘I am so sorry to have to share this news’ : ISG boss Zoe Price’s email to staff in full as firm prepares for administration
Contractor ISG is set to collapse, in the biggest corporate construction failure for several years. Here is what the firm’s chief executive said to staff last night.
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ISG firms set to go into administration
Day of febrile speculation sees six subsidiaries apply for administration late this afternoon
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‘Certainty of pipeline’ one of the keys to productivity improvements, conference told
Overhaul of planning system would improve historically low levels
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Industry needs to be more vocal in supporting Grenfell findings, Wates boss says, and warns contracting’s ‘bizarre’ margins not sustainable
Eoghan O’Lionaird bemoans industry’s ‘relative silence over report and admits firm’s 2% margin is not good enough
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HS2 tweaks Curzon Street station design
Proposals set to be sent in to Birmingham planners by end of year