HS2 Progress Update, Clarkebond Liquidation and LendLease Buyout | PBC Weekly
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Welcome back to our weekly newsletter - our first one of 2025! ?? Even though we're only eight days into the new year, the big news stories just keep coming!
Clarkebond’s sudden liquidation, Lendlease’s acquisition, and ongoing HS2 progress are just a few of the key stories. Plus, RICS welcomes new leadership, and social housing policies could unlock thousands of homes.
In a sudden move, engineering consultant Clarkebond has ceased trading and fallen into administration after 77 years. The liquidation has been chalked up to issues with management practices and clashing with staff.
The construction industry is experimenting with materials such as self-healing concrete, which repairs its own cracks, and translucent wood, which combines natural aesthetics with light transparency, in a bid to become more sustainable.
Discover the top 10 innovations changing the construction game.
Atlas Holdings will acquire Lendlease’s construction business in the deal, including all existing employees and leadership.
Lendlease is selling its UK and US companies as the parent company switched to focus on its Australian home market.
The HS2 progress figures show that 38 of the 55 miles of tunnels have been dug for the railway, including the Bromford tunnel hitting the halfway point in August and the Chiltern Tunnel breakthrough, the longest and deepest route.
Justin Sullivan joined the Royal Institution of Chartered Surveyors (RICS) on 1 January 2025 and welcomed 9 new members to the Governing Council.
The Government could gain an additional ￡20bn private capital with a ten-year rent settlement, according to the British Property Federation .