Category : Search result: construction company collapse


Council ignored warnings on builder before firm collapsed

Westminster City Council continued to contract a financially unstable builder, Geoffrey Osborne, which later collapsed, leaving homes unfinished and costing taxpayers an extra £27.5m. Discover the full investigation.

Norway's Equinor hit with £53m penalty for oil spills

Norway's state oil giant Equinor faces a massive £53m fine for extensive pollution and gas leaks at its Mongstad refinery, following years of alleged inadequate maintenance. Read the full investigation details.

HS2: A Decade of Disruption and Soaring Costs

Ten years on from its proposal, we walk the route of the HS2 high-speed rail line to uncover the real impact on communities, landscapes, and the project's spiralling budget. Discover the stories behind the world's most expensive railway.

Cumberbatch sells stake in SunnyMarch production company

Benedict Cumberbatch has sold a controlling stake in his SunnyMarch production company to Lumina Studios Group. Discover the details of the deal and what it means for the future of the firm behind hits like 'The Courier'. Read the full story.

Obituary: Margaretta D'Arcy, Playwright and Activist

Margaretta D'Arcy, the politically charged playwright and activist, has died aged 91. With husband John Arden, she championed radical theatre and famously picketed the RSC. Read her remarkable story.

CEO offers £3bn firm to flat Earth provers

Columbia Sportswear's CEO, Tim Boyle, has made an extraordinary bet: he'll hand over his £3billion company to anyone who can prove the Earth is flat. A bold marketing stunt challenges conspiracy theorists.

Royal Shakespeare Company cuts 11% of jobs

The Royal Shakespeare Company plans to cut its workforce by 11% and merge costume departments to save £2.8m annually, citing a 'perilous' financial situation due to funding cuts and soaring costs. Read the full story.

Thames Water profits leap as funding crisis looms

Thames Water reports a £386m half-year profit, driven by higher bills, but warns of a potential rapid collapse into government control due to its £17bn debt crisis. Read the latest on the utility's precarious future.

Travel Counsellors CEO on £50m Global Expansion

Manchester-based Travel Counsellors CEO Steve Byrne explains the £50m acquisition of Canada's The Travel Agent Next Door, boosting international sales to 30% and ruling out a near-term IPO.

PFI NHS Buildings: Design Flaws & High Costs

Architect Martin Cook warns against repeating PFI mistakes for NHS buildings, citing poor design quality and escalating maintenance costs. Learn why this procurement model failed.

79-year-old widow chased for 2p energy debt

A 79-year-old disabled widow from Dudley was pursued for a 2p debt due to a computer error, threatening her credit rating and causing immense stress. Discover how the situation was resolved.

Couple save £100k building polystyrene block home

Hannah and Charlie Bird are building their own £190,000 home in Somerset using polystyrene ICF blocks, saving £100,000 and doing 80% of the work themselves. Discover their inspiring self-build journey.

Hong Kong fire kills 128, hundreds missing

A devastating high-rise fire in Hong Kong has killed at least 128 people, with 200 missing. Questions mount over safety standards and alleged corruption in the construction sector.

Jill Freud, Narnia's Lucy inspiration, dies aged 98

Jill Freud, the real-life inspiration for Lucy Pevensie in CS Lewis's Chronicles of Narnia and founder of Suffolk's beloved summer rep theatre, has died aged 98. Discover her remarkable life story.

Hong Kong fire: 44 dead, police blame negligence

Hong Kong's deadliest fire in decades kills 44 at Wang Fuk Court. Police arrest construction company employees for gross negligence over unsafe scaffolding materials. Latest updates and investigation details.

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