Thursday: 19/02/2026 / News

Daily News: 19/02/2026

Jigsaw Homes Group has retained its A2 long-term issuer rating with a stable outlook from Moody’s, citing adequate gearing and sound financial management. Jigsaw Homes Group Ltd.

The London Borough of Tower Hamlets approved a £609m, decade-long investment programme to upgrade and improve council homes, its largest housing improvement commitment to date. Meanwhile, Gateshead Council unveiled a £311m housing investment plan over five years to modernise existing stock and expand affordable housing supply. Tower Hamlets London Borough, Gateshead Metropolitan Borough Council

The London Borough of Hackney will replace or renew 41 lifts in council housing blocks from June under the first phase of a £24m three-year upgrade programme covering 120 lifts. At the same time, South Holland District Council reported continued progress delivering housing service improvements under its housing improvement plan. Hackney London Borough, South Holland District Council

Lovell Partnerships has secured a 13-acre site at Fairham in Nottingham, exchanging contracts to deliver a 199-home residential development as part of the wider Fairham growth area. TheBusinessDesk.com

Early market engagement has begun for the £5.4bn Southern Construction Framework, with regional suppliers’ days scheduled ahead of tendering its major works programme, while Willmott Dixon has secured a £50m mechanical and electrical overhaul contract at Portcullis House for the House of Commons. Construction Enquirer, Construction News (register)

BAM Construction UK returned to profit in 2025, swinging from a £24m loss to a £27m gain, marking a strong recovery for its UK building arm, while Kilnbridge Group reported a record year with pre-tax profit up 81% to £6.7m, supported by rising turnover and a £300m forward pipeline. Construction Enquirer, Construction Enquirer

West Midlands Combined Authority launched a new five-year climate plan, with the mayor warning that inaction could cost the region over £600m annually this decade, rising to nearly £3bn a year by the 2050s, while the UK government reported 125,900 measures installed across 92,700 households under the Great British Insulation Scheme to December 2025. West Midlands Combined Authority (WMCA), GOV.UK

A recent study shows that one in nine new homes in England built between 2022 and 2024 were constructed in areas now considered at risk of flooding. The Guardian

City of London Corporation has unveiled a new skyline CGI showing how the Square Mile’s cluster of tall buildings could look in around six years following record planning approvals. Construction Enquirer

Avant Homes West Midlands got planning for a £31.7m, 135-home second phase at Priorslee, Telford. Bloor Homes proposed a £1bn “sustainable gateway” near the M5 in Uckington with 1,700 homes, a school, and a business park. A 450-home Shrewsbury scheme is paused over traffic issues, while 220 homes on the Nuneaton greenbelt are under review. Show House, BBC, BBC, and Coventry Live

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