Dalkia Engineering rebounds from £14m loss to post profitM&E contractor Dalkia Engineering has bounced back into the black with a £3.2m pre-tax profit in 2024 after plunging to a £14.3m loss the previous year.
Turnover surged 30% to £228m as the business benefitted from public sector energy retrofit work, fuelled by government-backed decarbonisation schemes and group-wide synergies from its…
Thomas Sinden targets £100m turnoverLondon and the South East main contractor Thomas Sinden Limited is targeting 4-5% margins on a £100m turnover after posting another strong set of results.
The Essex based firm saw revenue rise to £65.2m for the year to March 31 2025 from £38m last time as pre-tax profits increased to £2.07m from £839,000.
Cash at year-end also more than doubled to £10.2m…
Kier lands £139m Severn Trent job as water work ramps upKier has bagged a £139m deal to overhaul Severn Trent’s Wanlip Sewage Treatment Works in Leicestershire, marking another major win in the water sector ahead of AMP8.
The upgrade will boost the site’s capacity by nearly a quarter to serve 750,000 people, with tighter environmental standards and better water quality at the heart of t…
Unite hotel builder arranged football flights for ex-union bossThe contractor who allegedly overcharged Unite by £30m to build a new hotel and conference centre arranged flights and football tickets for the union’s former General Secretary Len McCluskey, according to an internal report.
A Unite investigation led by construction lawyer Martin Bowdery KC into the controversial scheme in…
TCC helps restart stalled student schemeBirmingham-based The Construction Consultants (TCC) has been appointed to support the £3.3m Victoria Street student accommodation scheme in Wolverhampton which will provide 63 self-contained one-bedroom units.
The development, close to Wolverhampton University, will also provide ground floor retail space. Each unit will include a kitchenette as well as…
Wernick investment hits £300m in last five yearsThe Wernick Group has invested more than £300 million since 2020 with annual capital expenditure in 2024 alone hitting a record £96m.
The money has been spent across multiple areas of the business, including the expansion of the hire fleet for accommodation and power, significant property developments, new plant and machinery, vehicles, and t…
Sizewell C go-ahead as funding deal signed at £38bnThe government has officially given the green light to build Sizewell C after signing off a final investment deal based on a £38bn construction cost.
Energy secretary Ed Miliband has signed the final investment decision, ending more than a decade of delays and securing a landmark project expected to power six million homes and support 10,000…
Kier chief Andrew Davies to retire in OctoberKier Chief Executive Andrew Davies will be retiring and stepping down from the Board on October 31 after six years at the helm.
Davies will be succeeded by Stuart Togwell, currently Kier’s Executive Director and Group Managing Director of Construction.
Matthew Lester, Chairman, said: “I would like to thank Andrew for his exceptional leadership over…
New Gateway 2 guide in bid to ease bottleneckThe Construction Leadership Council has published a new set of guidelines on submitting Gateway 2 applications.
The move is the latest bid to speed-up the process after the government stepped in to take direct control of the Building Safety Regulator last month.
The latest CLC guidance has been produced in collaboration with industry stakeholders and…
Solid wall insulation scandal kicks off shake-upWidespread failings in solid wall insulation work carried out under government energy schemes have triggered a major review of the UK’s retrofit regime.
The Department for Energy Security and Net Zero has formed a Retrofit System Reform Advisory Panel after routine checks exposed a pattern of poor-quality installations delivered through the Energy…