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True cash cost of HS2 to date tops £40bn

Construction Enquirer

The government has confirmed that its has sunk over £40bn into HS2 so far, with ministers admitting there’s still no clear estimate for the final cost or completion date. “To validate this new estimate, there is also work underway to verify the civils work delivered to date and its cost. Stations 2.3 Indirects 3.5

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Hill hits record £90m profit as homes pipeline swells

Construction Enquirer

Over the year to March 2025, Hill delivered 2,811 homes across southern England and the Midlands, and now controls a development pipeline of more than 32,000 plots – with an estimated future revenue of £12.5bn. Hill is now preparing to roll out its 2025–2030 five-year business plan, aiming to cement its place as a top 10 house builder.

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Construction industry set for big changes in 2025

Plant & Civil Engineer

Upskilling to meet industry demands The construction industry faces a significant skills shortage, with an estimated 1.5 million additional workers needed to fill construction jobs in Europe by 2030*. My team uses drone data pulled through to the Dashboard system to get an accurate overview of the site and all survey data.

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The Complete Guide to Real Estate Construction Management

UK Construction Blog

Sustainability is also a big focus; new rules in the EU require all new buildings to be zero-emission by 2030. Budget forecasting: Estimating all costs, from materials to labor, to avoid surprise expenses later. Hard skills: Cost estimating: Accurately predicting how much the project will cost to avoid budget issues.

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The Construction Industry Outlook for 2024

Jonas Construction

With the International Energy Agency ’s push for net zero emissions by 2050, all new buildings and 20% of existing buildings should be zero-carbon-ready by 2030. It’s estimated that the industry will need over 340,000 new workers in 2024 , and finding younger workers with the required skills will only get harder. In the U.S.,

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Uncover the Latest News on Executive Orders Affecting US Construction and Construction Workers

Construction Daily News

Trump announced that the US has left the Paris climate agreement, signed orders to increase oil and gas production, and overturned a Biden-era directive that required 50% of new vehicles sold in the US to be electric by 2030. Ortiz estimated that nearly half were homeless before the fires, and that number will rise in future weeks.

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Manchester United New Stadium: £2bn 100,000-Capacity Vision to Replace Old Trafford

UK Construction Blog

Key Takeaways Manchester United is building the UK’s largest football stadium with a 100,000-seat capacity on land adjacent to Old Trafford, designed by Foster + Partners as part of a £2 billion regeneration project set to complete by 2030-31. The project is estimated to cost £2 billion.