PLANT GROWTH
Tech-enabled plant could add £417bn to the UK economy by 2050, according to a study by Costain. Jonathan Willcock, the firm’s managing director of transportation, said:
“Connected and autonomous plant has the potential to transform the productivity of construction activities and, in turn, give a significant boost to the UK economy over the coming decades.”
ELECTRIC SLIDE
At $11.20 (£8.84) per watt of energy, it costs nearly twice as much to build a data centre in London as it does in Shanghai, according to international analysis by Turner and Townsend.
M FOR MINUS
Infrastructure specialist M Group failed to make a dent in its pre-tax loss in its latest annual accounts, although its turnover exceeded £2bn for the first time.
STACK ‘EM HIGH
The number of build-to-rent schemes completed last quarter was 23 per cent higher than in the same period a year before, data by Savills for the British Property Federation showed.
£700bn
The estimated shortfall in UK infrastructure spending by 2040, according to consultancy EY.
£8bn
The value of developer contributions currently unspent by councils, revealed through Freedom of Information requests by the Home Builders Federation.
20,000
The number of homes Barking Riverside developers applied for permission to build in October.
£3.2m
The amount invested by Innovate UK on seven projects aimed at decarbonising the concrete industry, including one from HS2 joint venture SCS.
DANGER SIGNAL
One in four UK and Irish construction workers have suffered harm in the workplace or know someone who has, according to a survey from global safety charity Lloyd’s Register Foundation.
