Redfern returns | Collateral warranties ruling | High rise job for HG Report this article Paul Buist Paul Buist Published Jul 10, 2024 + Follow UK Construction News Heavy hitters to run Travis Perkins Former Taylor Wimpey chief Pete Redfern is the new CEO of Travis Perkins, and former A-Plant boss Geoff Drabble is taking the chair. Supreme Court decides collateral warranty is not a construction contract The Supreme Court has today handed down a significant judgment relating to construction contract law. Regional contractor delivers 7.3% operating margin Targeting care home developments has helped east midlands contractor Kori Construction grow turnover by more than 50% and deliver an operating margin of more than 7%. BCIS: civils tender prices to rise faster than costs The Building Cost Information Service (BCIS) is forecasting that civil engineering contractors’ tender prices over the next five years will rise substantially more than their costs. New venture for Downing Liverpool developer Downing is setting up a real estate investment management business. Timber imports on the rise First quarter timber imports into the UK were down compared to 2023, but April saw an uptick. Torsion adds regional directors Torsion Construction’s new managing director has appointed two new regional directors to support the growth of the business. Ministry gets sensible name back So long DLUHC, welcome back MHCLG! Supreme Court spanner in the works, Blue hydrogen and the 6,000-tonne crane In a football and election-free zone, Bishop & Taylor discuss the implications of the Finch v Surrey CC Supreme Court judgment, the flawed credentials of certain hydrogens and Mammoet’s massive new flagship machine Contract News HG appointed to 37-storey Manchester PBSA Scheme HG Construction has been named main contractor for a high-rise purpose-built student accommodation (PBSA) scheme in Manchester for developer Greystar. Later living specialist tees up workload Later living specialist Churchill Living has exchanged contracts on seven new sites in recent weeks, with an total gross development value of £125m.