Hazelgrave Building & Property Investment

Shocking admission by Lafarge’s parent company, Switzerland’s Holcim, that has issued a statement saying that Lafarge had pled guilty to one count of “conspiring to provide material support to designated foreign terrorist organisations”, brought before the US Courts, after which Lafarge Cement Syria (LCS) stopped operating.

Lafarge had paid Isis to allow them to carry on trading while expecting the terrorist group to prevent other cement manufacturers operating in Syria.

Lafarge pays out $778m after supporting terrorists in Syria - Global Construction Review French cement manufacturer Lafarge has agreed to pay $777.8m to the US Department of Justice (DOJ) after pleading guilty to conspiring to provide material support and resources to the Islamic State (ISIS) and al-Nusrah Front (ANF) terror groups to keep a factory running in Syria during its civil war...

Shelter advice to the Govt has helped to devastate the PRS market as there are now 266,000 less PRS landlords than 3 years ago.
Despite being warned by the NRLA and other experts not to listen to Shelter, the results are coming through as predicted.
Less available rental property which is desperately required increasing pressures on the market for Renters.

Hazelgrave Building & Property Investment updated their address.

Another example and a warning for Developers:

Two Former Directors both received a 14-month sentence, suspended for two years, and was ordered to carry out 120 hours of unpaid community work within 12 months. Both were suspended as a director for 10 years and both ordered to pay costs of £44,774.21.

Hopefully, this latest case and convictions may act as a heads-up to Developers in the Group, especially those involved now or in the future with Commercial to Resi Projects.

Two handed suspended sentences for asbestos failings - Construction Management A court has handed suspended prison sentences to two former construction company directors for asbestos failings.

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Only £320 / tonne increase in the year!

Inflation?

What inflation?

Steel prices jump for seventh time this year British Steel to curb output at section mills as production costs soar

Ibstock becomes the latest Supplier to "Dip their bread in the gravy" with more than 10% price inflation busting increase.

Ibstock posted its latest results earlier this week showing a pre-tax profit of £39m from a turnover of £202m for the six months to June 30 2021.

Ibstock to raise brick prices by more than 10% Materials giant braces contractors for huge price hike

The madness continues!!!

£490 / tonne increase in structural steel prices in less than a year!!!

Pressure builds as steel prices hiked again British Steel retains allocations until at least September as price rises extra £80/t

14 year Director Ban for Mitchell Mallin, 34, from Chelmsford was director of Essex and London Properties Limited.

The mastermind of a £13m property ‘ponzi’ scheme

Please take note and pass on to your contacts so they do not deal with any future organisations Mitchell Mallin may be involved with going forward.

Leopard and spots....

Developer gets 14-year ban for property ‘ponzi’ scheme Investors handed over £13m but only one property was ever purchased

Hanson cuts allocation of bagged cement to Customers with fear of SME's missing out to the National and larger Regional Contractors!

Hanson forced to cut bagged cement allocations Major cement supplier looks to raise imports to offset shortages

British Land attempt to turn a blind-eye to rampant material price hikes!!!

Do they honestly believe, if they keep saying this, it will come true!?

Surely, British Land are aware of the hikes and shortages of materials in the Supply Chains?

British Land believes construction cost inflation is low Major client predicts only steady increase in prices as contractors struggle to source materials

The recent upturn in the Construction Industry is catching Suppliers short in supplying materials. This is another example, by the mortar Suppliers.

Heads - up to Commercial Clients, Principle Contractors as Contractors are starting to feel the effects of the disruption. The situation has been confirmed, here in Yorkshire by several local Brickwork Contractors. Situation needs to to be monitored.

Brickwork contractors facing mortar rationing Sites facing stoppages as cement producers struggle to keep up with demand

Steel prices continue to rocket as British Steel, who had early stopped taking new orders, have now annouinced to they have now recommenced taking orders, BUT at an extra £100/ tonne!!

This is the second hike this month alone. With some steel prices are now approaching £1.000/tonne.

Specialist Contractors without means of passing on the cost hikes to their Customers are being badly hit by these price hikes.

Steelwork firms rocked by second big price hike this month British Steel slaps on £100 a tonne - its biggest price rise yet

Following on from the latest price hike, British Steel have announced it has suspended new orders as it cannot cope with the demand, despite working 24/7.

Last week, steel prices were again hiked, resulting in a 40% increase in the last year. Now Contractors are fearing yet another price rise as a result!

British Steel stops taking orders in face of ‘extreme’ demand Steelwork contractors stunned by main supplier's temporary closure of order book

Yet another Structural Steel Rise!!!!

This now takes it upto £800 per tonne!!!

Fresh price hike takes structural steel to £800 per tonne Seventh price hike since last July sees steel sections rise by £50/t

Greater Manchester Combined Authority secures the largest award of over £78m from the Govt. £1Bn investment decarbonisation fund aiming to cut ommissions from Public Buildings.

£1bn allocated to slash public building emissions – full list Over 400 projects receive funding to cut building emissions

The UK’s first hydrogen-powered homes provide a glimpse into our greener future.

The pair of semi-detached houses will be fitted out with hydrogen-fuelled household appliances including boilers, hobs, cookers and fires that release no carbon emissions into the atmosphere.

The houses are funded by the help of the UK government’s Hy4Heat Innovation programme and are expected to be completed this Spring.

The Government hopes that the homes, fuelled entirely by hydrogen, will demonstrate how the most abundant element in the universe could help the UK meet its commitment to achieving net-zero carbon emissions by 2050, thereby contributing to the global effort to stop climate change and global warming.

The UK’s First Hydrogen-Powered Homes - Propertista Could the UK’s first hydrogen-powered homes provide a glimpse into a greener future? The UK’s first hydrogen-fuelled homes are set to be built this spring. The two semi-detached houses being built in Low Thornley in Gateshead, are set to be fitted with hydrogen-fuelled household appliances inclu...

Leeds City Council announce ambitious £100m investment plans in new technology, that reaffirms this council’s commitment to tackling the climate emergency, over the next five years.
Local Green Energy Contractors are to be used to install Ground and Air Source heat pumps; district heating networks; external wall insulation; and solar panels to reduce the UK’s 3rd City carbon omissions. Currently almost 25% of which comes from the energy used to heat homes.
What makes the investment even more commendable is this announcement comes aafter Leeds City Council have been forced to make another £115m worth of cuts to their budget by Central Government.

Leeds to spend £100m on council home energy retrofits Five-year programme to install heat pumps, district heating, wall insulation and solar panels

Fundamental issues for fixed price contracts have been highlighted by bad news of building material delays and significant price hikes continue for the Construction Industry. This is unwelcome news as the Industry fights for a sustained recovery from the impact of COVID-19.

Demands for building materials remain high and are forcast to only increase during the 2021.

As previously reported Steel price have risen 40% in recent months and timber prices have now risen by 20%.

Supply issues of roofing materials to the Building Merchants are reported to have alreay effecting supplies to sites and impacted on production outputs.

Concern mounts over key materials supply bottlenecks Worries build about lead times and prices on timber, roof tiles and steel

Further indication on the recovery within the Construction Industry. Doubtful the story will reach the News media outlets with any prominence.

Brick and block sales continue to surge for Forterra Products giant upgrades financial forecasts as performance exceeds expectations

The Government put some much needed clarity to their throw away slogan Levelling Up!

Which is more great news for the South East!
Confirmation of £760m Govrenment infrastructure investment announced for the East - West link for Oxford and Cambridge!

News comes closely behind last weeks announcement that:
1) TfN budget for smart integrated travel was to be slashed 60% from £10m to £4m; and
2) The NE leg of HS2 may not receive Government funding to link Birmingham the 2nd City, to Leeds the 3rd City and may have to terminate at Nottingham!
(Now Whose constituency is that I hear you cry, Transport Secretary ?)

£760m confirmed for East West Rail next stage £34m released for plan to reopen Northumberland line from Newcastle to Ashington

Steep rise in steel costs hit the Construction Industry, again!

Fresh shock structural steel price hike Price of structural steel jumps nearly 50% in just over six months

Contractor McAleer & Rushe has been chosen to build a £47m office project in the corner of Leeds city Square, for law firm DLA Piper.

Construction works are due to break ground in May with completion targeted for Q4 2023 for the 12 storey, 140,000 sqft project.

May start for McAleer & Rushe £47m Leeds office job 12-storey City Square House project to start in May