Government spending keeps profits edging-up at KierKier is confident continued Government spending will keep its order books full as pre-tax profits and turnover both increased during the back end of last year.
Latest results for the six months to December 31 2024 show turnover up 6% to £1.97bn from £1.86bn with a similar increase in pre-tax profits to £28.6m from £27m.
The contractor’s…
Wates raids Laing O’Rourke for new construction operations chiefWates has appointed Laing O’Rourke’s head of procurement George Mosey as new operations director for Construction.
Sitting on the Wates Construction board, Mosey will work alongside the senior team to drive forward Wates’ continued focus on safety, quality, sustainability and operational performance.
Mosey spent more than 16…
Travis Perkins CEO Pete Redfern steps down due to ill healthTravis Perkins has announced that Chief Executive Officer Pete Redfern is stepping down with immediate effect due to ill health.
Redfern took up the role at the builders’ merchant giant last September.
He previously spent more than 14 years as chief executive of house builder Taylor Wimpey before stepping down in 2022
Travis Perkins…
Glencar to build timber-framed office blockGlencar has been appointed as main contractor to deliver a 79,200 sq ft timber-framed office building in Maidenhead.
Work will start on site next month on the Trehus scheme for HUB and its investor partner Smedvig which forms Phase 2 of the wider One Maidenhead mixed-use masterplan.
Glencar will deliver the full construction and fit-out of Trehus wit…
Shed specialist Marbank files administration noticePortal-framed building specialist Marbank Construction has filed a notice to appoint an administrator.
The Surrey based contractor has built more more than 300 industrial sheds with a combined value of over £1bn since the company was founded in 1994.
Projects range in size up to 350,000sq ft and over £20m in value and Marbank has worked on…
Birmingham council submits £1bn Druids Heath planBirmingham City Council has submitted plans to regenerate Druids Heath estate with 3,500 new energy-efficient homes.
The final planning application for the largely-neglected area of the city was submitted, ending years of consultation and false starts.
Several 1960s tower blocks will be demolished to be replaced by 3,500 ‘energy efficient’…
Cannabis farm gang posed as utilities contractorAn organised crime group posed as utility contractors to divert power to their cannabis farms across the country.
A company called Elev8 Civils & Utilities was set-up allowing the gang to work in liveried vans giving the appearance they were engaged in legitimate utilities work.
The men wore high visibility clothing and used signage to close roads…
Takeuchi sells its 50,000th excavator in UK and IrelandExcavator giant Takeuchi has hit the 50,000th sales milestone in the UK and Ireland.
The 50,000th Takeuchi, a TB217R mini excavator was sold by Takeuchi dealer in the south CBL to L-Lynch Plant Hire & Haulage as part of a recent order for over 100 machines, including the latest 3rd generation 3-Series excavators.
Lynch have been running…
Former Liverpool mayor charged in building contracts probeFormer Liverpool mayor Joe Anderson is among 12 people charged with bribery and misconduct following a long-running investigation into the award of building contracts in the city.
Those charged also include the directors of a Liverpool based building contractor.
Operation Aloft by Merseyside Policehas focused on contracts awarded by…
Bidding to start for £700m Irish sea interconnector workFirms have been put on alert for key work packages on the planned £700m sub-sea electricity interconnector between Northern Ireland and Scotland.
Invitations to bid for work on the LirlC Interconnector project are due out shortly for key awards in November.
The project being developed by Transmission Investment will provide up to 700 MW of…