USD/JPY slumps to multi-week lows after suspected MoF ‘rate check’
USD/JPY plunges over 300 pips on Friday amid a suspected Japan Ministry of Finance (MoF) 'rate check', as excessive Yen (JPY) weakness fuels intervention fears. At the time of writing, the pair is trading around 156.18, down nearly 1.40% on the day, sliding to its lowest level since late December. At the same time, broad-based
GBP/USD surges to 1.3600, hits four-month high as Dollar selling intensifies
The British Pound (GBP) continues to outperform the US Dollar (USD) on Friday, with GBP/USD climbing to the 1.3600 handle as the Greenback remains under broad-based selling pressure. At the time of writing, the pair is up nearly 0.73% on the day, marking its highest level since September 18, 2025. Sterling is also drawing support
Middlewich Bypass main construction to start this spring
Councillors on Cheshire East Council’s highways and transport committee voted unanimously this week to appoint Balfour Beatty to undertake the stage-two building works of the Middlewich eastern bypass. Subject to formal contract signing with the contractor for the £53.8m main construction phase, work is expected to start on site in spring 2026. It includes a
McLaren closes £229m Ebury Bridge deal
The original 1930s council estate is being transformed Westminster City Council has agreed a budget of £229m with McLaren Construction for phase two of the development. Ebury Bridge is Westminster’s biggest regeneration project, transforming a 1930s estate. Phase 2 of the project comprises three independent and two adjoined buildings, which required four complex building safety
Vistry secures backing at Great Haddon
CGI of the Great Haddon development [Photo credit: Jensco] Zenzic Capital a real estate credit and special situations investment firm, and Jensco Group, a real estate investment firm with specialism in the UK residential sector, have formed a joint venture to invest in purpose-built single-family homes across the UK. Their first move is to forward
Want to work in the snow?
Could this be you...? The British Antarctic Survey (BAS) is looking for people to work at its research stations in Antarctica, where the penguins live. Carpenters, chefs, plumbers, boat handlers, scuba divers, plant operators and more are encouraged to apply for a job that offers what is described as “the ultimate career change for those
M&E contractor appoints COO
Adeel Aslam Adeel Aslam has joined mechanical & electrical engineering specialist Key Integrated Services as COO from Bouygues Energies & Services, where he was deputy managing director. Aslam will be responsible for evolving Key Integrated Services’ offer in sectors including advanced manufacturing, clean energy, food & beverage and health & life sciences, by introducing new
Latest immigration raid at Panattoni Park finds no offences
A second immigration enforcement operation at a construction site in Swindon has found all workers to be operating legally. Wiltshire Police said it had supported Home Office immigration enforcement officers in an inspection on 22 January at the ex-Honda site in Panattoni Park. It followed an immigration enforcement operation at the same site on 2
MPB wins phase two civils job for West Midlands metro extension
MPB Structures has been awarded a £37m civils contract from the Midland Metro Alliance for the second phase of the Wednesbury to Brierley Hill Metro extension programme. Phase two work is already underway, MPB said in a statement. The firm is delivering the full civil engineering package, including the construction of more than 600 metres
HS2 final tunnel drive to Euston starts next week
A team from SCS will drive a 4.5-mile twin-bore tunnel linking Old Oak Common to Euston using two tunnel boring machines, Karen and Madeleine. The first machine, TBM Madeleine, will be launched on the upline next week, with the second machine, TBM Karen, following around a month later on the downline. Once fully operational, the









