West Ham vice-chairman Karren Brady said in a statement: “Uncertainty caused by the anonymous complaint to the European Commission and ongoing legal challenges have put the Olympic legacy at risk and certainly a stadium, as we envisioned it, may not be in place by 2014 due as a direct result of the legal delay. Therefore we would welcome a move by OPLC and government to end that uncertainty and allow a football and athletics stadium to be in place by 2014 under a new process. Three football clubs, One Olympic Stadium. Lots of bickering and legal battles. MORE >>

The construction industry has grown for the sixth month in a row, but despite the growth, experts are remaining gloomy surrounding the future of the industry. The Markit/CIPS UK Construction PMI Index showed figures of 53.6 While the fact that the construction industry is in growth is a plus, the figure was down from May, dropping from 54 to 53.6. Despite the continued growth this year, many experts have painted a depressing picture for the construction industry, saying it will be another two years before the industry really turns the corner. rise in 2014. MORE >>

It seems as if it’s one step forward, two steps back for the construction industry as recent statistics show that its performance in 2011 is not as strong as first thought. in the first quarter of 2011, construction endured a terrible time, falling by 4.7% This news will come as a blow for the construction industry, as the situation has seemingly got worse for the industry after the awful winter it endured, with the freezing weather hampering the performance of the industry. Numerous construction experts have cast doubt over the ONS’ figures. and 56.4 MORE >>

The Chancellor’s announcement will also contain further spending plans for future projects in the building and construction industry across Britain. Construction companies will also be able to benefit from proposals to unlock £40bn of bank lending to small businesses by underwriting loans with Government guarantees. Some of the initial £5bn will help fund a £600m school building programme planned before 2014 which is expected to generate more building contracts in the next three years. These measures are expected to help economic growth and boost employability. MORE >>

The new £340 million headquarters of UBS in London’s financial district is expected to be completed by 2014, meaning it could create more jobs for people in the building construction sector. The Swiss bank has signed a pre-letting agreement with developers British Land and Blackstone for the construction work to start in April this year. Demolition and site preparation work near Liverpool Street station is currently underway, leading publication, Construction Enquirer, reported today. MORE >>