Auditors slam HS2 as ‘delayed and over budget’

This year will see fresh services launched including a development map to complement news stories and branded content production for partners.

Preston, South Ribble and Chorley councils have started an issues and options consultation as the authorities seek to map out development in Central Lancashire over the next 15 years.

Marcus Worthington & Company, the construction division of Marcus Worthington Group, has been placed into administration.

Lancashire property business Eric Wright Group has announced increased profit in profits in its latest results, registering pre-tax profit of £10m for the 2018 calendar year, despite a fall in construction turnover.

The administrator appointed to run Preston Guild Hall has formally agreed to forfeit the venue’s long leasehold due to “significant breaches of the lease agreement”.

The Lancashire property and construction company is aiming to build up a £100m portfolio, the news coming on the back of three deals that leave it with a portfolio of £64m.

North West projects contributed to a successful year for St Modwen, the developer said, as its annual results showed a £60.5m profit for the year 2018.

The development arm of the Eric Wright Group has completed the acquisition of a former hospital site in Blackpool from Lancashire Care NHS Foundation Trust in a £1.05m deal. 

Funding for the Pioneer Place leisure development is to be discussed at Burnley’s full council meeting this evening, with a planning application expected within weeks for what has been billed as a £26m project.