{"id":8655,"date":"2025-08-22T12:38:23","date_gmt":"2025-08-22T12:38:23","guid":{"rendered":"https:\/\/www.locarla.com\/insight\/?p=8655"},"modified":"2025-08-22T12:38:23","modified_gmt":"2025-08-22T12:38:23","slug":"friday-22-08-2025-news","status":"publish","type":"post","link":"https:\/\/www.locarla.com\/insight\/daily-news\/friday-22-08-2025-news\/","title":{"rendered":"Friday: 22\/08\/2025 \/ News"},"content":{"rendered":"<div class=\"blue-color\">\n<h6>Daily News: 22\/08\/2025<\/h6>\n<p><span style=\"font-weight: 400;\">Sage Homes has recorded a 456% increase in turnover after becoming the primary delivery vehicle for the Sage Group, following the sale of its sister company Sparrow. <\/span><a href=\"https:\/\/www.housingtoday.co.uk\/news\/sage-homes-records-surge-in-profits-and-turnover-after-sparrow-sale\/5137733.article\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Housing Today (register)<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">Fitch Ratings has downgraded Southern Housing\u2019s Long-Term Issuer Default Rating (IDR) to \u2018A-\u2019 from \u2018A\u2019, with a Stable Outlook. The long-term senior secured and unsecured ratings on its debt issuances were also downgraded to \u2018A-\u2019 from \u2018A\u2019, while its short-term IDR was lowered to \u2018F1\u2019 from \u2018F1+\u2019. <\/span><a href=\"https:\/\/www.fitchratings.com\/research\/international-public-finance\/fitch-downgrades-southern-housing-to-a-outlook-stable-20-08-2025\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Fitch Ratings<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">The City of Doncaster Council has approved \u00a31m for the purchase and renovation of seven properties to add to its housing stock. <\/span><a href=\"https:\/\/www.doncasterfreepress.co.uk\/news\/politics\/doncaster-council-approves-ps1000000-for-purchases-and-renovation-of-seven-properties-5284776\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Doncaster Free Press<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">Lambeth Council has agreed to a \u00a3250m partnership with Vistry Group to deliver more than 500 homes across six sites in the borough, with at least 50% designated as affordable housing, of which 70% will be at social rent. <\/span><a href=\"https:\/\/www.housingtoday.co.uk\/news\/lambeth-council-agrees-250m-housing-partnership-and-vistry\/5137745.article\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Housing Today (register)<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">NHMF Frameworx has named more than 40 contractors to \u00a33bn frameworks for housing maintenance, retrofit, net-zero, and fire safety works across England. A total of 17 contractors have been appointed to a \u00a3475m housing framework in north-west England by JV North. Thirteen has appointed Equans to deliver major investment works at its Stockton sheltered housing scheme as part of its Capital Delivery Framework. <\/span><a href=\"https:\/\/www.constructionnews.co.uk\/contracts\/nhmf-selects-firms-for-3bn-net-zero-and-fire-safety-frameworks-22-08-2025\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Construction News (register)<\/span><\/a><span style=\"font-weight: 400;\">, <\/span><a href=\"https:\/\/www.constructionnews.co.uk\/contracts\/firms-appointed-to-475m-jv-north-framework-21-08-2025\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Construction News (register)<\/span><\/a><span style=\"font-weight: 400;\">, and <\/span><a href=\"https:\/\/www.housingexecutive.co.uk\/major-investment-gets-underway-at-stockton-sheltered-housing-scheme\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Housing Executive<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">Lee Marley Brickwork, the UK\u2019s largest integrated brickwork and scaffolding subcontractor, posted a record turnover of \u00a387m for 2024 despite delays linked to government building safety changes, while a Bedfordshire-based civil engineering contractor, Ants Group, has entered administration after reporting turnover of \u00a319.3m in the 18 months to 31 March 2024. <\/span><a href=\"https:\/\/www.constructionenquirer.com\/2025\/08\/22\/lee-marley-brickwork-posts-record-revenue-despite-project-delays\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Construction Enquirer<\/span><\/a><span style=\"font-weight: 400;\">, <\/span><a href=\"https:\/\/www.constructionnews.co.uk\/financial\/administrations\/bedford-civils-firm-collapses-21-08-2025\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Construction News (register)<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">Construction wages, as measured by ONS\u2019s Average Weekly Earnings dataset, rose by 4% in the year to June 2025, up from a 3.8% increase in the 12 months to May 2025, while monthly earnings remained unchanged. <\/span><a href=\"https:\/\/bcis.co.uk\/news\/average-weekly-earnings-in-the-construction-industry\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">BCIS<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">Total new home completions in England in the 12 months to Q2 2025 reached just over 201,000, remaining broadly stable across H1 2025 but 8% below Q2 2024 levels. <\/span><a href=\"https:\/\/pdf.savills.com\/documents\/English-Housing-Supply-Update-Q2-2025-final.pdf\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Savills<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">Plans to build more than 300 homes in a West Yorkshire town have been approved by councillors. A planning inspector has allowed an appeal for a 190-home scheme at Bird-in-Eye Hill, Uckfield. Proposals have been lodged for up to 484 new homes, a primary school, and a neighbourhood centre in Northallerton. Valleys to Coast has unveiled plans for nearly 200 homes on the former Revlon factory site in Maesteg. Wavensmere Homes has submitted a \u00a345m application to redevelop the Clarendon Suites site into 165 new houses in Edgbaston, Birmingham. <\/span><a href=\"https:\/\/www.bbc.co.uk\/news\/articles\/cx2pvnge2zno\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">BBC<\/span><\/a><span style=\"font-weight: 400;\">, <\/span><a href=\"https:\/\/www.theargus.co.uk\/news\/25407504.inspector-approves-major-uckfield-housing-development\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">The Argus<\/span><\/a><span style=\"font-weight: 400;\">, <\/span><a href=\"https:\/\/www.yorkpress.co.uk\/news\/25408910.plans-lodged-484-new-homes-northallerton\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">York Press<\/span><\/a><span style=\"font-weight: 400;\">, <\/span><a href=\"https:\/\/www.walesonline.co.uk\/news\/wales-news\/major-housing-scheme-revealed-former-32321566\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Wales Online<\/span><\/a><span style=\"font-weight: 400;\">, and <\/span><a href=\"https:\/\/www.constructionenquirer.com\/2025\/08\/22\/plans-go-in-for-45m-transformation-of-derelict-site\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Construction Enquirer<\/span><\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Daily News: 22\/08\/2025 Sage Homes has recorded a 456% increase in turnover after becoming the primary delivery vehicle for the Sage Group, following the sale of its sister company Sparrow. Housing Today (register) Fitch Ratings has downgraded Southern Housing\u2019s Long-Term Issuer Default Rating (IDR) to \u2018A-\u2019 from \u2018A\u2019, with a Stable Outlook. The long-term senior [&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-8655","post","type-post","status-publish","format-standard","hentry","category-daily-news"],"_links":{"self":[{"href":"https:\/\/www.locarla.com\/insight\/wp-json\/wp\/v2\/posts\/8655","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=8655"}],"version-history":[{"count":2,"href":"https:\/\/www.locarla.com\/insight\/wp-json\/wp\/v2\/posts\/8655\/revisions"}],"predecessor-version":[{"id":8658,"href":"https:\/\/www.locarla.com\/insight\/wp-json\/wp\/v2\/posts\/8655\/revisions\/8658"}],"wp:attachment":[{"href":"https:\/\/www.locarla.com\/insight\/wp-json\/wp\/v2\/media?parent=8655"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.locarla.com\/insight\/wp-json\/wp\/v2\/categories?post=8655"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.locarla.com\/insight\/wp-json\/wp\/v2\/tags?post=8655"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}