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A subsidiary of train maker China South Rail has bought a UK manufacturer of ocean engineering products, Specialist Machine Developments (SMD).
Property prices within 10-minute walk from Crossrail stations have risen even faster than average property prices in London
2,000 workers fled offices in Holborn after thick black smoke was seenbillowing up from manhole cover
The number of high-rise buildings under construction in the capital has rocketed from 45 to 70 projects in a year as developers seek to cash in on housing demand.
Balfour Beatty has revealed the full scale of its UK construction problems as the division racked-up a total trading loss of £391m last year.
Thames Tideway Tunnel project chiefs have picked the preferred construction consortia to drive three major tunnel sections of the London Super Sewer.
The number of engineering companies in London grew by more than 16% last year, research has revealed.
Construction costs in central London are higher than any other place in the world, according to a study of more than 40 countries by global consultancy Arcadis.
Plans to expand London City Airport have been given the go-ahead clearing the way for a £200m investment.
Data pointed to a "robust and accelerated expansion of overall business activity" in the construction sector
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