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Bank of Canada holds key rate steady but warns future movements unclear

Construct Connect (CA): OTTAWA — The Bank of Canada held its benchmark interest rate steady for a fourth consecutive time Wednesday, but officials warned uncertainty over the war in Iran and the future of U.S. tariffs cou

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Graham lands first phase of £206M Solihull regeneration scheme

New Civil Engineer (UK): Graham has entered into a pre-construction service agreement for the first phase of a £206M redevelopment project in Solihull town centre. The post Graham lands first phase of £206M Solihull regene

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Fed holds main rate steady, notes risks to jobs, inflation from Iran war

Construction Dive (USA): Jerome Powell said after the end of his term as Federal Reserve chair in May he will remain on the board as a governor to help ensure the Fed is free of political interference.

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How to make cities that keep getting better

Global Construction Review: Developers, governments and investors are starting to broaden their definition of what constitutes value in urban development, moving from short-term project profitability to a holistic view over t

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France gets Europe’s biggest printed apartment block

Global Construction Review: Europe’s largest printed multi-family residential building has been completed in Bezannes, northeastern France by a team of Plurial Novilia, a subsidiary of Action Logement, and German construction

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New delay warning delivered on Parliament procurement

Construction News (UK): The planned procurement for renewal works to Parliament will be delayed, at a cost of millions, unless MPs and lords debate the proposals before conference season, according to officials running th

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Balfour Beatty set to start construction of £54M bypass in Cheshire

New Civil Engineer (UK): Balfour Beatty has received its Notice to Proceed for the £53.8M Middlewich Eastern Bypass. The post Balfour Beatty set to start construction of £54M bypass in Cheshire appeared first on New Civil

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Welsh contractor becomes employee-owned

Construction News (UK): Contractor Lloyd & Gravell has become an employee ownership trust (EOT) after receiving funding from the Welsh government. The Carmarthenshire-based firm said becoming an EOT will safeguard 60 jobs

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Renew chases stronger water market position with EDS acquisition

Construction News (UK): Civils specialist Renew Holdings has made another acquisition as it seeks to reinforce its presence in the water infrastructure services market. The £1.12bn-turnover group, ranked 22nd in the CN100

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Builders’ merchants sales down in February

Construction News (UK): Sales volumes among builders’ merchants fell by nearly 11 per cent in February. The latest Builders Merchant Building Index (BMBI) report revealed that sales by volume slid by 10.6 per cent year-on

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44% rise in suspected victims of slavery in construction, says charity

Construction News (UK): The number of potential victims of modern slavery in construction identified after calls to a helpline shot up by 44 per cent last year. The UK Modern Slavery & Exploitation Helpline, run by charit

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Plugging the leaky skills pipeline

Construction News (UK): Complaints about skill shortages in construction are hardly new. What is new is the way the problem is now being framed. That shift was crystallised in Mark Farmer’s 2023 review of the sector’s two