The Queen has confirmed at the official opening of Parliament that laws will be passed to enable the construction of the High Speed 2 rail line and Costain this morning explained that its failed bid for May Gurney cost it £4M.
4pm: Firefighters were called to a major blaze in Windsor town centre last night, which led to the partial collapse of a building.
The Royal Berkshire Fire and Rescue Service (RBFRS) told NCE that the fire was out but as yet the cause of the inferno had not been determined.
Local reports said the house, which lies a few hundred metres to the south of Windsor Castle, was undergoing renovations.
In a statement, the RBFRS said: “There has been a partial collapse of the upper storeys and surrounding scaffolding. No firefighters have been injured and the scene is cordoned off so there is no risk to the public.”
12pm: Consultancy Turner & Townsend has been appointed project manager and employer’s agent for the first phase of the mammoth Battersea Power Station redevelopment.
Turner & Townsend will oversee the first stage of the construction programme to transform the former power station in South London into a new community.
Phase one will include 800 homes as well as offices, shops and community and cultural spaces.
Construction is expected to start in the second half of this year.
11.30am: The Queen has confirmed that laws will be put to Parliament in the next 12 month to allow construction of the High Speed 2 rail line.
The coalition government will put forward legislation to allow it to force through construction of the London to Birmingham line, which will eventually be extended to Manchester and Leeds.
At the official opening of the next Parliamentary session, the Queen said: “My government will continue to invest in infrastructure to deliver jobs and growth for the economy.
“Legislation will be introduced to enable the building of the High Speed 2 railway line, providing further opportunities for economic growth in many of Britain’s cities.”
The Queen added: “My government will continue with legislation to update energy infrastructure and to improve the water industry.”
11.15am: A €1bn (£832M) scheme to reclaim 6ha of land off the coast of Monaco has been given the green light.
Bids have been invited to manage the project finance, infrastructure and property leasing of the huge mixed-use scheme. These must be submitted by 23 July.
The scheme, which will include apartment blocks up to 10 storeys, is a reincarnation of a larger project that hit the buffers following the collapse of the global economy in 2008.
The city state’s monarch Prince Albert pledged: “I will pay particular attention to ensure the project respects the strict environmental rules that I will impose during the construction as well as during the use of the new surfaces created.”
The project is due for completion in 2024.
10.45am: Costain has grown its order book to £2.5bn.
The contractor revealed in a statement to the City that it had increased its pipeline of secured work by £100M since 31 December 2012.
Costain said 90% of its order book was repeat work, and that it remained in a “robust” financial position. It is confident of meeting its expectations in 2013.
The company spent about £4M on its failed attempt to buy contractor May Gurney.