Steelwork specialist J&D Pierce profits tumbleScotland’s biggest steelwork contractor J&D Pierce (Contracts) saw profits tumble last year as rising costs, delayed projects and lower-margin work combined to hit the Ayrshire specialist contractor.
Turnover for 2024 dipped 5% to £98m, but pre-tax profit plunged from £12.6m to just £0.8m.
A more challenging market saw operating margin collaps…
McAlpine cleans up with mega spa job in latest contracts leagueSir Robert McAlpine bathed in success last month with top ranking in the contracts league after finally signing off a £450m contract to build the Therme Manchester Spa project in TraffordCity.
Billed as the UK’s first urban wellbeing resort and the largest thermal pool complex in Europe, the scheme will boast more than 25…
Exploding jet hose killed drainage engineerUtilities and infrastructure contractor Lanes Group has been fined £800,000 following the death of a drainage engineer.
City of London Magistrates’ Court heard that in December 2022 Miguel Galvao,51, was priming a jetting hose when there was a loud explosion and the end of the hose whipped up at high speed, striking him.
Galvao was rushed to hospita…
Problem HS2 green tunnel reaches major milestoneAn HS2 cut and cover tunnel plagued by construction problems has reached a major milestone.
Faults were found in 2022 in precast concrete segments used on the Chipping Warden Green Tunnel.
And main works contractor EKFB – a team made up of Eiffage, Kier, Ferrovial Construction and Bam Nuttall – faced serious site productivity issues in the early…
RSK powers past £2.2bn revenue as growth drive continuesAcquisition-hungry RSK Group has smashed through the £2.2bn turnover barrier as it continues its rapid expansion across global consultancy and construction markets.
The fast-growing group hiked revenue 21% to £2.2bn for the 15-month period to 6 April 2025, driven by rising demand for sustainable infrastructure, water, energy and built…
Worker errors blamed for fatal crane collapseStaff errors were to blame for the collapse of a crane which killed three men on a site in Cheshire eight years ago, an inquest has found.
Rhys Barker, 18, David Newall, 36, and David Webb, 43, died after the incident at a building site in Crewe on 21 June 2017.
The BBC reported last week that a coroner concluded their deaths were an accident and t…
Wates, Morgan Sindall and Fortem land places on £1bn SEC dealProcurement group South East Consortium has picked 10 firms for its new £1bn Decarbonisation Partnerships Framework.
Big-name operators including Wates, Fortem, Equans, and Morgan Sindall Property Services are joined by a strong mix of regional and SME specialists.
Decarbonisation Partnerships Framework
Amber Construction…
Buyers report slowdown in construction declineConstruction buyers saw the downturn in construction slow down again last month to the lowest rate since June.
The bellwether S&P Global UK Construction Purchasing Managers’ Index recorded 46.2 in September up from 45.5 in August.
The latest reading was below the neutral 50.0 valuenfor the ninth consecutive month and still signalled a solid rate of…
HSS to pay private equity £26m to buy hire armHSS Hire has sold its entire traditional hire operations to private equity investor Endless after reporting a £130m loss this morning.
The nominal £1 deal for the loss-making hire and builders’ merchant service of 130 depots includes a £26m payment from HSS to fund separation and restructuring.
It marks a big change in direction for HSS which is…
Menai Bridge closed over bolt safety fearsWelsh government officials have shut the Menai Suspension Bridge after a safety survey discovered bolts on beams under the crossing need replacing.
Cabinet Secretary for Transport and North Wales, Ken Skates said: “Firstly, I want to apologise to local people. I am deeply sorry for the ongoing disruption that you are facing as work continues to…