All ɫTV articles in 18 October 2024 – Page 9
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ɫTV
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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ɫTV
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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ɫTV
Ministers seek views on brownfield planning passport scheme to speed up development
MHCLG issues policy paper and call to evidence on first day of Labour party conference
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ɫTV
ɫTV safety remediation acceleration plan will be brought forward this autumn, says Rayner
Housing secretary also commits to build more social homes than are lost within first financial year of new government
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ɫTV
Potential saviour did not have enough money to buy ISG, administrator says, as 2,000 jobs lost in collapse
EY says buyer could not demonstrate they had funding despite “repeated requests” to do so
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ɫTV
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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ɫTV
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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ɫTV
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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ɫTV
ISG staff vent frustration at firm’s collapse after weeks of uncertainty
Calls for industry-wide reform to prevent further administrations as supply chain braces for impact of £2.2bn firm’s administration
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ɫTV
Government implementing ‘detailed contingency plans’ as ISG heads into administration
Whitehall departments are actively monitoring ISG’s public sector jobs, as DfE says it will pursue all forms of redress on its contracts with firm
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Comment
ISG’s collapse: a huge blow to construction that raises urgent and difficult questions
This is the biggest collapse to hit the sector since Carillion – as we absorb the grim news, people will want some answers and fast
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ɫTV
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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ɫTV
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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ɫTV
‘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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ɫTV
Fosters to lead on Old Trafford masterplan for Manchester United
Project will draw up proposals for club-owned land around stadium
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ɫTV
ISG firms set to go into administration
Day of febrile speculation sees six subsidiaries apply for administration late this afternoon
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Features
Key takeaways from the ɫTV the Future Conference and Housing Today Live
Church House in Westminster yesterday played host to two back-to-back conferences on construction and housing attended by hundreds of professionals from the built environment. Here is a round-up of the key talking points from the event, run by ɫTV and Housing Today.
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ɫTV
Government to crack down on late payments to small businesses
A new package of measures aims to improve pay standards for SMEs and the self-employed
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ɫTV
One in four social housing blocks with fire safety defects lack remediation plans, says regulator
Social landlords have identified 1,932 buildings as having ‘life-critical’ fire safety defects to the EWS
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ɫTV
Planning approvals for new homes fall to decade low, Home Builders Federation report shows
Just over 230,000 units granted permission in year to June