Sir Robert McAlpine claws way back into profitSir Robert McAlpine has fought its way back into the black, posting a £10.4m pre-tax profit for the year to October 2024 after a bruising £105m loss the year before.
The turnaround came just eight months after chief executive Neil Martin took the reins, with the booked profit arising from a slender £2.6m trading profit and £6.9m in R&D tax…
Severfield to cut staff by 6% amid pricing pressureBritain’s biggest steelwork contractor Severfield is planning to cut staff numbers by around 6% in the face of growing cost pressure on tender prices.
Based on last year’s published figures this will amount to over 100 job cuts.
In a year-end trading statement this morning, the specialist contractor said: “We continue to take appropriat…
JRL completes sale of 50% stake to Malaysian giant IJMDiversified construction group JRL has finalised the sale of a 50% stake to Malaysian property giant IJM Corporation.
The £50m deal sees IJM gain access to JRL’s full self-delivery model, including Midgard, J Reddington and McMullen to deliver planned residential schemes in the south east.
The tie-up also turbocharges IJM’s Innova joint…
AGD now offering Greenwall plastic sheet pilingAGD has been appointed UK & Ireland distributors for Greenwall plastic sheet piling.
Vinyl chloride (commonly called PVC or Vinyl) together with the Co-Extrusion manufacturing process give Greenwall sheet pile significant advantages and mechanical characteristics such as:
Competitive price
100% environmentally friendly
Durability
No toxic surfac…
Green light for £100m Liverpool Baltic station buildPlans for a new £100m rail station in Liverpool’s Baltic Triangle have been approved, paving the way for construction to begin early in 2026.
Liverpool City Council has granted planning permission for the landmark scheme, which will extend the Merseyrail Northern Line into one of the UK’s fastest-growing creative and digita…
Three firms land £170m Gentoo Sunderland housing dealThree North East contractors have secured spots on Gentoo’s new £170m housing improvement framework in Sunderland.
PHS Solutions, Esh Construction and RE:GEN Group have been selected to deliver a decade-long programme of internal upgrades to thousands of homes across the city.
The trio are the first firms appointed under Gentoo’s new…
Gateway gridlock hits build-to-rent delivery as starts nosediveDelays at the Building Safety Regulator are being blamed for a sharp fall in build-to-rent construction starts, threatening future housing supply despite a strong year for completions.
Fresh figures from the British Property Federation and Savills shows 17,309 BtR homes were completed in the past 12 months, up 18% as demand rises for…
Call to shift Gateway 2 checks to end building bottleneckContractors are calling for a revamp of the Gateway 2 approvals system which is stalling the start of high-rise residential projects across the country.
Frustrated builders believe simple changes to the process can free-up the backlog of schemes waiting for approval from the Building Safety Regulator (BSR).
One contracting boss told t…
GBN launches £600m bid race for SMR engineer rolesGreat British Nuclear is preparing to launch a £600m procurement race to find up to two owner’s engineers for its flagship Small Modular Reactor programme.
Successful bidders will play a crucial assurance role in GBN’s push to bring first-of-a-kind nuclear tech to help meet the country’s rising energy demands.
Each OE could land a contract…
Wates hires ex-Homes England chief to head public sector pushWates Group has appointed former Homes England technical director Robert Stone as head of public sector and national frameworks.
Stone will work closely with group public sector director Stephen Beechey, focusing on strengthening ties with government bodies and driving growth in key sectors like defence, justice and blue light.
H…