{"id":7226,"date":"2025-03-03T12:28:00","date_gmt":"2025-03-03T12:28:00","guid":{"rendered":"https:\/\/www.locarla.com\/insight\/?p=7226"},"modified":"2025-03-04T04:40:39","modified_gmt":"2025-03-04T04:40:39","slug":"monday-03-03-2025-news","status":"publish","type":"post","link":"https:\/\/www.locarla.com\/insight\/daily-news\/monday-03-03-2025-news\/","title":{"rendered":"Monday: 03\/03\/2025 \/ News"},"content":{"rendered":"<div class=\"blue-color\">\n<h6>Daily News: 03\/03\/2025<\/h6>\n<p><span style=\"font-weight: 400;\">Bromford Flagship Ltd. has announced the successful completion of the merger between Bromford Housing Group Limited and Flagship Housing Group Limited. The move aims to create a stronger organisation for the future. <\/span><a href=\"https:\/\/www.bromford.co.uk\/news\/bromford-flagship-merger-completed-creating-a-stronger-organisation-for-the-future\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Bromford Flagship Ltd<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">The UK government has published the Commonhold White Paper, outlining major reforms to end the feudal leasehold system. Homeowners will have a stake in ownership from day one, no ground rent, and greater control over building management. <\/span><a href=\"https:\/\/www.gov.uk\/government\/news\/beginning-of-the-end-for-the-feudal-leasehold-system\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">GOV.UK<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">The National Wealth Fund (NWF) has committed \u00a3150m to support The Housing Finance Corporation (THFC) in providing unsecured loans for retrofitting social housing across the UK. Meanwhile, Harlow Council has approved a \u00a3136.6m housing budget for 2025-26 to transform its council housing. <\/span><a href=\"https:\/\/www.nationalwealthfund.org.uk\/news\/national-wealth-fund-and-housing-finance-corporation-launch-new-unsecured-debt-facility-social\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">National Wealth Fund<\/span><\/a><span style=\"font-weight: 400;\">, <\/span><a href=\"https:\/\/www.harlow.gov.uk\/news\/137m-approved-transforming-council-housing\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Harlow District Council<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">North Northamptonshire Council (NNC) has pledged to address its social housing shortage after a report revealed over 6,000 people were waiting for housing at any given time, while only 1,319 homes became available in 2023-24. <\/span><a href=\"https:\/\/www.bbc.com\/news\/articles\/ckg11g5dwwdo\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">BBC<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">Travis Perkins Managed Services (TPMS) has secured a three-year contract with Platform Housing, one of the Midlands\u2019 largest housing associations. <\/span><a href=\"https:\/\/housingdigital.co.uk\/platform-signs-deal-with-travis-perkins-managed-services\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Housing Digital<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">Lancashire-based civil engineering and building contractor Colin Briscoe Construction has entered administration, while administrators have also been appointed at Ashville Aggregates and Concrete. At the same time, structural steelwork giant Severfield has issued a profit warning, citing project delays and declining business confidence. <\/span><a href=\"https:\/\/www.constructionenquirer.com\/2025\/03\/03\/north-west-regional-civils-contractor-in-administration\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Construction Enquirer<\/span><\/a><span style=\"font-weight: 400;\">, <\/span><a href=\"https:\/\/www.constructionenquirer.com\/2025\/03\/02\/administrators-go-in-at-aggregates-firm-ashville\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Construction Enquirer<\/span><\/a><span style=\"font-weight: 400;\">, and <\/span><a href=\"https:\/\/www.constructionenquirer.com\/2025\/03\/03\/severfield-warns-on-profits-blaming-major-project-delays\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Construction Enquirer<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">Balfour Beatty is facing a \u00a334.4m legal claim over alleged defects at The Hive, a student accommodation building in Bethnal Green completed in 2009. The contractor denies responsibility for the reported issues. <\/span><a href=\"https:\/\/www.constructionnews.co.uk\/contractors\/balfour-beatty\/balfour-beatty-battles-34m-defects-claim-over-2009-job-28-02-2025\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Construction News (register)<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">The latest Q4 2024 State of Trade Survey from the FMB reports an 8% decline in workloads for small building companies in the final quarter of 2024. <\/span><a href=\"https:\/\/www.locarla.com\/pdf\/fmbstateoftradeQ420242.pdf\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Federation of Master Builders<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">The Chartered Institute of Building has released a survey examining attitudes towards construction careers among 2,001 young people (16-24) and 2,000 parents (31+) across the UK in 2025. <\/span><a href=\"https:\/\/www.locarla.com\/pdf\/CIOB_-_Attitudes_Towards_Construction_Careers,_March_2025_-_Full_Page_View_0.pdf\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">CIOB<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">Plans for 1,434 homes in South Wokingham, including a school and public space, have been approved. Basildon Council has approved plans for 480 new homes in Billericay, while planning permission has been granted for 445 new homes in Castleton. A 135-home estate in Leicestershire is approved, and Sutton may greenlight 1,000+ flats at a B&amp;Q site. Plans for 550 homes at Lincolnshire Lakes and 299 at Whitworth Park, Spennymoor, await approval. <\/span><a href=\"https:\/\/www.theconstructionindex.co.uk\/news\/view\/south-wokingham-development-approved\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">The Construction Index<\/span><\/a><span style=\"font-weight: 400;\">, <\/span><a href=\"https:\/\/www.essexlive.news\/news\/essex-news\/council-told-blood-hands-plan-9985013\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Essex Live<\/span><\/a><span style=\"font-weight: 400;\">, <\/span><a href=\"https:\/\/www.rochdaleonline.co.uk\/news-features\/2\/news-headlines\/158905\/planning-permission-granted-for-445-homes-in-castleton\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Rochdale Online<\/span><\/a><span style=\"font-weight: 400;\">, <\/span><a href=\"https:\/\/www.bbc.com\/news\/articles\/cd920dwnwqdo\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">BBC<\/span><\/a><span style=\"font-weight: 400;\">, <\/span><a href=\"https:\/\/www.mylondon.news\/news\/south-london-news\/south-london-bq-now-over-31098151\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">MyLondon<\/span><\/a><span style=\"font-weight: 400;\">, <\/span><a href=\"https:\/\/www.bbc.com\/news\/articles\/cy87d90zpxzo\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">BBC<\/span><\/a><span style=\"font-weight: 400;\">, and <\/span><a href=\"https:\/\/www.bbc.com\/news\/articles\/c5y46kg046ko\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">BBC<\/span><\/a><span style=\"font-weight: 400;\">.<\/span>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Daily News: 03\/03\/2025 Bromford Flagship Ltd. has announced the successful completion of the merger between Bromford Housing Group Limited and Flagship Housing Group Limited. The move aims to create a stronger organisation for the future. Bromford Flagship Ltd The UK government has published the Commonhold White Paper, outlining major reforms to end the feudal leasehold [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27],"tags":[],"class_list":["post-7226","post","type-post","status-publish","format-standard","hentry","category-daily-news"],"_links":{"self":[{"href":"https:\/\/www.locarla.com\/insight\/wp-json\/wp\/v2\/posts\/7226","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.locarla.com\/insight\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.locarla.com\/insight\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.locarla.com\/insight\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.locarla.com\/insight\/wp-json\/wp\/v2\/comments?post=7226"}],"version-history":[{"count":4,"href":"https:\/\/www.locarla.com\/insight\/wp-json\/wp\/v2\/posts\/7226\/revisions"}],"predecessor-version":[{"id":7236,"href":"https:\/\/www.locarla.com\/insight\/wp-json\/wp\/v2\/posts\/7226\/revisions\/7236"}],"wp:attachment":[{"href":"https:\/\/www.locarla.com\/insight\/wp-json\/wp\/v2\/media?parent=7226"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.locarla.com\/insight\/wp-json\/wp\/v2\/categories?post=7226"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.locarla.com\/insight\/wp-json\/wp\/v2\/tags?post=7226"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}