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Newsletter JANUARY 2018



Morgan Sindall’s margin improvement has lifted yearend profit forecast to over £100m Lidl UK plans to build its largest regional distribution centre so far, measuring 754,000 sq ft. Arup believes food waste could be turned into building materials. Current materials under development include mushroom bricks grown in five days & waste potatoes used as insulation and acoustic absorbers.

Big Ben’s Renovation

Welcome to Twenty Greateen... We hope you have had a great festive and new year period! Now that the decorations are down and the last of the mince pies have been polished off, 2018 is fully underway and as the months fly by, we will be out hunting chocolate eggs and booking our summer sun before you know it!

Tis’ the season December was jam-packed with festivities at FTS. We kicked off with our Christmas Party along with everyone from Platinum Business Centre who we would like to thank for putting on such a great night at the Green House Hotel. We embraced the season and Christmass’ed out the office, which led to us winning the most festive suite in the center award and, most recently, it was Christmas Jumper Day where all money raised went to an amazing cause, Save the Children.

The cost of refurbishing Big Ben’s tower has more than doubled to £61m. Renovating the tower, its bell and four clock faces had been initially estimated to cost £29m but rose after McAlpine gained a better understanding of the scale of conservation work involved, according to a House of Commons statement. This latest estimate includes £45m of restoration costs with an additional £16m for risk, VAT and fire safety – bringing the total budget to £61m.

We are hiring! As we are currently growing the recruitment team in our Bournemouth office, we would be pleased to hear from you if you are interested in joining our boutique agency or know someone who is.

Winter Edition 2017


Winter Edition 2017

World’s Tallest Towers

Our Local News... FTS’s Budding New Talent Danny Tourh & Managing Director, Jared Lee

Croydon planners have given the green light for a twintower scheme of build-torent flats that will become the world’s tallest offsite scheme. Tide Construction is planning to build the 44 and 38-storey scheme on the former Essex House site near to East Croydon station. The 546-flat scheme will be worth over £150m and will be a trailblazer for modular construction methods. Presently, the tallest prefabricated building in the world is a 32-storey block in New York.

Interserve Funding

Interserve has term funding banks to help group battle

secured a shortdeal with its the construction with its debts.

Debbie White, Interserve’s chief executive, said the agreement provided more room for discussions with the lenders, with a view to securing its longer-term funding. The new facilities totalling £180m, comprise a £38m committed revolving credit facility, £37m of committed ancillary facilities, committed bonding facilities of £93m plus £12m of additional funding available by agreement with the lenders.


Winter Edition 2017

We are pleased to welcome our first Apprentice to the team. Danny Tourh joined us in October and is supporting the Resource team whilst developing his industry knowledge and working towards an NVQ in Recruitment. Danny completed his GCSE’s before starting his apprenticeship with FTS and this has enabled him to leap straight into full time employment which is tailored to a specific role focused around his career aspirations. Based in the office 5 days a week and with allotted time to complete apprenticeship modules, the scheme provides Danny with a fully immersive, hands-on learning experience. Available to both new and existing staff; apprenticeship qualifications are tailored to specific job roles and ensure the individual receives all the training they need. Whilst they appeal to school and college leavers, they are available to people of all ages and experience. We wish Danny the very best in his role and will be bringing more Apprentices into the business in the New Year so would love to hear from anyone who would like to join the team.

With our offices in the heart of Bournemouth, Tower cranes have been a regular feature of the skyline for the past few years as the local landscape has welcomed a number of new developments to the town centre and surrounding area. The Hilton Group’s two new hotels were followed by the highly anticipated BH2 Leisure Complex which opened its doors to diners and cinema goers at the start of the year. Other projects are currently underway and further development due throughout 2018. Plans to transform a former music venue into a £150m shopping, leisure and homes complex have been submitted so watch this space.

Image: BrightSpace Architects

Bournemouth Development Company wants to build 352 apartments on the former Winter Gardens. The 4.89 site would also include up to five restaurants, a food store and outdoor cafes. A new piazza is also proposed at the junction of Exeter Road and Cranborne Road, as well as a park and children’s play areas. Bournemouth Borough Council’s planning board will consider the application over the coming months, the authority said.

Image: BrightSpace Architects

Winter Edition 2017

Construction Highlights...

£600bn Construction Forecast

Google’s New Home

At the beginning of December, the government announced its latest National Infrastructure and Construction Pipeline which contains £600bn of planned work over the next decade, and includes plans to save £15bn-a-year by improving construction productivity. Andrew Jones MP, Exchequer Secretary to the Treasury, commented “We are backing Britain with a record amount of infrastructure investment as we build an economy fit for the future. Investing in infrastructure boosts productivity for the economy as a whole. The scale of the investment we are talking about here will deliver a step change for our country.” The announcement added: “The government is a major player in construction and delivers many projects every year, such as transport, schools, prisons and hospitals. “This accounts for a quarter of all construction projects, and using this purchasing power will enable ministers to drive innovation and encourage firms to invest in modern methods and technology. “Methods such as off-site manufacturing, where projects are part-constructed before being assembled on location, can boost productivity by reducing waste by 90% and speed up delivery times by more than half (60%). “For example, a school that typically takes a year to build could be done in just over 4 months.”

Photograph: HayesDavidson

Google has submitted plans for its new 92,000-square metre “landscraper” London headquarters, with plans to start construction on the building in 2018. The building, which will stand 11 storeys tall and stretch parallel to the platforms of London’s King’s Cross railway station, has been dubbed a “landscraper”, and the finished building will be longer than the Shard is tall. The plans for the building contain gyms, massage rooms, a narrow swimming pool and multi-use indoor sports pitch along with a rooftop garden split over multiple storeys. Combined with their current King’s Cross office, and a third building that Google also plans to occupy close by, it will form a new campus that will house 7,000 of it’s employees. Google’s Joe Borrett, the company’s head of real estate and construction, said: “We are excited to be able to bring our London Googlers together in one campus, with a new purpose-built building that we’ve developed from the ground up. Our offices and facilities play a key part in shaping the Google culture, which is one of the reasons we are known for being among the best places to work in the industry.”

Photograph: HayesDavidson

Winter Edition 2017


FTS Newsletter - Winter/Spring 2018  
FTS Newsletter - Winter/Spring 2018