Daily News: 18/02/2026
Peabody Trust secured a £50m loan from CIC London, the bank’s first UK social housing investment. The funding will support home maintenance, resident services, and local community projects. Meanwhile, Scottish Borders Council announced a £30m investment into a new UK social investment fund. Peabody Group, Border Telegraph
Ballymore has registered two for-profit providers with the Regulator of Social Housing to help unlock a Section 106 development blockage. Housing Today (register)
Barking and Dagenham Council has approved a new five-year Housing Strategy focused on delivering more affordable homes, improving housing standards, tackling homelessness and helping residents find suitable, stable housing across the borough. Barking and Dagenham London Borough
Midland Heart will deliver 1,200 affordable homes in Birmingham over the next two years as part of a £295m development to address the housing shortage. Birmingham Live
Cardo Group has acquired Trident Maintenance Services Ltd, expanding its building maintenance and refurbishment capabilities across England and Scotland. Cardo Group
UK construction continues to face financial strain, with the Insolvency Service reporting 3,931 firm failures in 2025 – the highest of any sector for a fourth consecutive year. Administration activity remains active as FK Group collapsed with 54 jobs rescued by Keenan Holdings, while Jerram Falkus Construction Ltd also filed notice. Construction News (register), Construction Enquirer, and Construction Enquirer
Springfield Properties reported an operating profit of £5.3m, down from £6.1m year-on-year due to lower gross margins, while Skipton Group recorded a profit decline despite supporting a record number of first-time buyers, reflecting housing market pressure. TheBusinessDesk.com, TheBusinessDesk.com
Manchester City Council and FEC presented proposals for the next phase of the Collyhurst regeneration under the Victoria North programme, which will deliver over 15,000 new homes across seven neighbourhoods. Manchester City Council
Liverpool councillors approved a 28-storey, £64m tower, the first phase of the £1bn King Edward Triangle by Davos Property Developments and Hugh Frost, comprising 255 apartments. Plans for 228 homes in Denny include a £2m contribution to expand local schools. Watkin Jones received Gateway 2 approval for a 201-bed student accommodation scheme in Bristol. The 700-home Bushey plan has been modified following objections, while a 660-home Essex greenfield development faces resident opposition. A 244-home build-to-rent scheme is planned at Nottingham Station, 230 homes in Yorkshire are recommended for approval despite objections, and 149 homes have been submitted for a Tollesbury site. Place North West, STV News, Construction Enquirer, Watford Observer, Braintree & Witham Times, Construction Enquirer, The Yorkshire Post, and Maldon Standard