Murphy hikes profit 25% to £84m as orders smash £5.4bnContractor Murphy has powered ahead with a 25% jump in pre-tax profit to £84m last year, as it sharpened contract selection and drove operational efficiencies.
The specialist contractor saw revenue dip slightly by 2% to £1.4bn, but profits surged thanks to strong performance across UK and Irish operations and solid returns from its US…
Cladding specialist EAG files administration noticeCladding contractor English Architectural Glazing Ltd. (EAG) has filed an administration notice with the High Court.
Its curtain walling manufacturing division Multifab Ltd has also filed a similar notice.
EAG was one of four cladding specialists taken under the Clarison Group banner in 2021 to form a £100m turnover facades business.
Clarison…
John Lewis wins battle to build four resi towers above storeJohn Lewis has won the battle to build four residential towers above a new Waitrose store in London’s West Ealing after a planning inspector backed its appeal against local council inaction.
The inspector ruled in favour of the 428-home build-to-rent scheme after Ealing Council failed to make a decision on the application submitted two…
Restructure pays-off for HG ConstructionA restructure and shift in strategy at HG Construction has paid dividends with a strong set of results for the year ending 31st December 2024.
The design and build specialist pivoted away from its growth strategy at the end of 2023 to focus on quality projects as the industry adapted to cope with the impact of the Building Safety Act.
Latest numbers show…
Mace confirmed for £100m Natural History Museum jobThe Natural History Museum has appointed Mace as main contractor for its new collections, research and digitisation centre in Shinfield at Thames Valley Science Park.
Construction will begin imminently with industry data specialist BarbourABI valuing the deal at £100m.
Mace will lead on the procurement and construction of the new facility and…
Cubby in talks over rescue restructure after civils job setbackCarlisle-based contractor Cubby Construction is in talks with potential investors around a financial restructure following losses on a civils job.
The £24m turnover family-owned firm ran into problems working on Galliford Try’s Carlisle Southern Link Road project and exited the job late last year.
To help steer the business forward…
Rayner rips up rules to get small builders buildingSmaller house builders are set for a major boost under new government plans to speed up housing delivery by slashing red tape, easing environmental rules, and unlocking finance.
Deputy Prime Minister Angela Rayner has unveiled a wide-ranging support package to bring smaller house builders back into the market, including a review of wildlif…
£35m Hereford Western Bypass job to go to tender
Contractors are being put on alert for a £35m-plus bid race for the first section of the long-delayed Hereford Western Bypass project.
Herefordshire Council plans to launch the tender in September for the 3-year works contract covering construction of the link between the A49 and A465.
The revived scheme, previously paused in 2019, has…
House builders to face fines for dragging feet on site startsHousebuilders who fail to start or progress schemes on time face being fined thousands of pounds for each unbuilt home under new government plans to tackle land banking and stalled sites.
Deputy Prime Minister Angela Rayner has unveiled the Delayed Homes Penalty, which will let councils fine developers who fall 10% or more behind agreed…
HS2 investigation into labour supply pay ratesHS2 has confirmed an ongoing investigation into allegedly overinflated rates charged for labour supply on the West Midlands section of the project.
The probe followed claims by a whistleblower that self-employed workers were being charged out at PAYE rates.
The allegations were made earlier this year and involved labour supplied to Balfour Beatty…