Beard has reported its biggest year of sales in its 131-year history, with turnover rising 9% to hit £179m.
The improvement in sales in the year ending 31 December 2023 also restored pre-tax profits to £4.3m after a dip in the prior year.
Presently Beard is on an expansion push securing places on local and national frameworks. It recently opened a new office in Southampton, one of the key pillars to its growth strategy.Beard finance director Fraser Johns said: “Business at Bear
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-
Beard expands reach as revenue hits record £179m
-
Race to start for £25m Cardiff twin tower reclad jon
Cardiff City Council is set to approve plans for a £25m post-Grenfell recladding job on two tower blocks in Butetown.
These two blocks – Nelson House and Loudoun House – will mark the start of phase two of the council’s recladding and improvement works programme.
It aims to appoint a contractor through a mini competition using the SEWSCAP3 Framework.
Contractor ISG has been carrying out fire safety and improvement works to three blocks at Lydstep Flats in the first phase -
Gove calls up ‘super-squad’ to clear London planning log-jam
The Housing Secretary Michael Gove has taken the unusual step of intervening in the London Plan to boost housing delivery in the capital.
He has called on the Capital’s Mayor to review the London plan with view to releasing over 700 hectares of industrial land and relaunching opportunity areas.
The Government has also called up new ‘super-squad’ of planners to work across London to speed up planning decisions.
The specialist team will work on complex cases that for too long hav -
Permasteelisa in £35m cladding win at St John’s Wood Square
Permasteelisa Group has won a £35m contract to deliver the glazing and cladding at the St John’s Wood Square luxury residential scheme in central London.
The £400m project involves redevelopment of the 5.5-acre former St John’s Wood Barracks, previously occupied by the King’s Troop, Royal Horse Artillery.
McGee is currently on site overseeing piling, excavation, reinforced concrete, and installation of bearings on the five-acre basement ahead of main construction wo -
Investor pumps another £30m into low carbon builder
M&G Investments has injected another £30m of funding into Greencore Homes.
The house builder specialises in constructing low carbon homes using timber frame panels manufactured at its factory in Bicester.
M&G acquired a majority stake in the firm in 2022 for £15m.Latest accounts for Greencore for the year to May 31 2023 show a pre-tax loss of £4m from a turnover of £579,800.
The company said the new funding will initially go towards land acquisitions as it aims to -
800-bed Leeds student and shops scheme approved
A joint venture between investor Tri7 and Fusion Students has got the green light for a major purpose-built student rooms and shopping scheme in Leeds.
The plan will see the demolition of The Core shopping centre in the city to make way for 807 student bedrooms and around 36,000 sq ft of retail at ground level, including two new arcades.
The project spread over three blocks will feature low-carbon air source heat pumps, low water consumption fixtures and fittings, and low energy and controlled v -
Go-ahead for £175m Birmingham Broad Street tower
Developer Regal Property Group has got the planning green light for a 47-storey build-to-rent scheme in the heart of Birmingham.
Work will now start on the £175m 90-97 Broad Street scheme this Autumn.
Designed by architect Glancy Nicholls, the Essington building has been designed to be a pinnacle development within an emerging cluster of towers.
The Essington within the emerging Broad Street high rise cluster
It will contain 525 apartments within a distinctive ‘H’ shaped -
Modular homes specialist files administration notice
Modular homes specialist Lighthouse had filed a notice of intention to appoint an administrator.
Bosses at the Sheffield based business have told staff to continue working from home today while they try to secure the company’s future.
An email sent to all staff by CEO Tom White said: “I must now inform you that we have initiated a Notice of Intention to appoint an administrator. This decision was made after careful consideration of our financial situation.“It’s impo -
Erith trading rebounds after lengthy bid-rigging probe
Specialist engineering and demolition contractor Erith has rebounded after a long-running bid-rigging probe that saw it fined £17.6m last March.
After already booking provisions for the fine in the previous financial year, Erith returned a pre-tax profit of £5.1m in the year to September 2023, compared with a loss of £13.8m in the prior year.
Revenue at Kent-based Erith Holdings grew 9% to a record £227m, with operating margins edging up from 1.7% to 2.1%.Erith paid out & -
London council can no longer police planning applications
Greenwich council in south London has admitted it can no longer police planning applications.
Officials at the Royal Borough said funding was no longer available for inspectors to check that planning permission conditions were being adhered to.
The spotlight has been turned on the borough’s planning system following the controversial granting of retrospective permission to turn a building into a homeless hostel on one of Greenwich’s prime residential streets.Greenwich council granted -
Mace fresh start date for £90m Natural History Museum hub
Mace has been given a fresh start date for the Natural History Museum’s £90m collections and science centre project in Reading.
This week the Museum gained planning consent, subject to s106, to build a new collections and research centre at Thames Valley Science Park in Shinfield.
Earlier it had been hoped the project would start early this year but now the Museum has announced it is aiming for an early 2025 start to the project.
The centre’s footprint will be the equivalent of -
First ‘Great Grid Upgrade’ job goes to MGroup and Murphy
Development consent has been granted for a new £400m green electricity project to upgrade the high-voltage power network in North Yorkshire.
Construction of the Yorkshire GREEN electricity grid project is due to start this summer.
Morrison Energy Services, part of the MGroup, will deliver the new overhead line and existing overhead line refurbishment, while Murphy will build two new substations in Overton and Monk Fryston.
Hyosung and Hyundai will supply transformers to the substations.Thi -
AGD suppliers latest crawler cranes for HS2
Construction plant hirer and supplier AGD Equipment has sold two Sennebogen model 683E 80 tons telescopic crawler cranes to Total Plant Ltd.
Total Plant is a division of concrete frame specialist MPB Structures Ltd who will use the new machines on the BBV HS2 site in Birmingham over the next three years.The 683E has only recently been launched by Sennebogen and features a 42 m full power telescopic boom, 20 degree tilting cab for improved operator vision, virtual wall system and stage 5 engine f -
Balfour and Costain win vast power and carbon capture job
Balfour Beatty and Costain and among a clutch of contractors to have secured work on Teesside to build the world’s first gas-fired power station with carbon capture.
Clients Net Zero Teesside Power and the Northern Endurance Partnership have selected contractors for engineering, procurement, and construction contracts with a combined value of around £4bn.
Nine leading specialist contractors will share eight contract packages subject to a final investment decision due to be taken befo -
Safety chiefs act to avoid building control crisis
The HSE-run Building safety Regulator has announced a three-month extension to the deadline for all building control professionals to be registered and prove their competence by April 6 as part of the post-Grenfell industry shake-up.
Building control chiefs had warned the original April 6 deadline would lead to a complete collapse in the system with nowhere near enough people registered in time.
At least 4,500 qualified inspectors are understood to be needed to cope with current workloads. -
TClarke hits £500m turnover target but profitability slips
M&E specialist TClarke has substantially achieved its ambitious target to double revenue in three years to £500m.
The firm revealed this morning that revenue last year jumped a further 15% lifting it to £491m.
But challenging market conditions, particularly impacting the Engineering Services business, saw pre-tax profits slide a quarter to £7.6m.This meant that group operating margins fell back from 2.7% in 2022 to 1.9% last year.
Chief executive Mark Lawrence said regional -
Competition watchdog probes Barratt Redrow merger
The Competition and Markets Authority has opened an investigation into the £2.5bn acquisition of Redrow by rival Barratt.
The deal was announced last month creating to create a mega house builder turning over £7.45bn and delivering over 22,600 homes a year, based on past performance.
CMA watchdogs are investigating if the move “may be expected to result in a substantial lessening of competition within any market or markets in the United Kingdom for goods or services.”It a -
Six win £1bn North West & Central railway works deal
Network Rail has named six firms to deliver a £1bn programme of medium size works for control period 7 in its north west and central territory.
The deal forms part of a flight of frameworks to be set up covering the “Backbone of Britain” route.
The framework covers projects from £100,000 to £7m known as category B+C works, and comes into force this April, running to 2029.Story bagged both civils and building works across the entire region, with Murphy and Amalgamate -
Just 10% of £10bn Levelling Up funding spent by councils
Just over 10% of the Government’s promised Levelling Up funds has actually been spent and is making a difference on the ground.
Watchdog MPs on the Public Accounts Committee also found the Government was unable to provide any compelling examples of what Levelling Up funding has delivered so far.
In a report published today, the committee MPs warn that councils have been able to spend just a fraction of the Government’s promised funding.
The public accounts committee said barely any o -
Willmott Dixon names new finance chief
Willmott Dixon has appointed James Mackenzie as new chief financial officer, replacing Graham Dundas who has become group chief executive.
The changes follow former chief executive Rick Willmott’s decision to step into the role of executive chairman.
Mackenzie was previously CFO at Willmott Dixon’s joint venture partnership with Malasian-backed developer EcoWorld International, a position he held for six years.Prior to this, he held senior financial positions at Balfour Beatty, Berke -
Surgo Construction staff start looking for new jobs
Staff at North East building contractor Surgo Construction have started looking for new jobs.
The Enquirer understands that workers were told yesterday that the company is heading for administration.
Surgo has been hit financially recently by a protracted payment dispute with house builder Bellway.According to insiders Bellway brought problems to a head for Surgo when it issued a winding-up petition against the contractor over a £1.1m outstanding adjudication settlement.
Before that Surgo -
Surgo Construction falls into administration
North East building contractor Surgo Construction has gone into administration.
The Enquirer understands that workers were told yesterday that the company would cease trading and administrators are now in charge of the business with 46 jobs lost on their appointment.
Surgo has been hit financially recently by a protracted payment dispute with house builder Bellway.According to insiders Bellway brought problems to a head for Surgo when it issued a winding-up petition against the contractor over a -
Second staircase rule costs Vistry £19m
Vistry has revealed that complying with the Government’s second staircase rule on high-rise projects has already cost the business £19m.
Announcing improved annual results this morning, chief executive Greg Fitzgerald said a combination of loss of planned units and extra costs in building extra staircases had already impacted the business last year.
Despite this, Fitzgerald said that Vistry has made strong progress on shifting towards becoming the country’s leading partnership -
Ilke Homes name reappears after £320m collapse
A new company is promoting the Ilke Homes name nine months after the modular house builder collapsed owing £320m.
Ilke Homes went into administration last June with massive debts including £68m to Homes England and £17m to subcontractors and suppliers.
The Ilke Homes website has now been updated including a new brand called Homespace.The website states: “Homespace was born through the completion of a strategic asset purchase agreement, taking ownership of Ilke’s tra -
Fife groundworks and plant hirer goes under axing 35 jobs
Fife-based plant hirer James Penman (Plant Hire) has ceased trading following the appointment of administrators.
Around 35 staff are understood to have been made redundant by insolvency specialist FRP.
The Kirkcaldy family-owned firm specialised in groundworks, drainage and plant hire and celebrated 50 years in business this year.FRP Advisory partner Callum Carmichael said: “James Penman struggled to maintain its financial obligations which stemmed from the pandemic and, regrettably, -
Smart Motorway Programme Alliance chief to step down
National Highway’s head of the Smart Motorway Programme Alliance is stepping down to take up a new job elsewhere in the industry.
Tony Slater, managing director of the SMP Alliance, announced he would be moving on to take up a fresh career challenge in an email to suppliers.
His decision to leave has raised speculation that National Highways’ SMP Alliance could now be wound up as workloads have diminished dramatically following the decision to curtail the Smart motorway programme ove -
Clients urged to get ahead of contractor recovery cycle
Consultant Turner & Townsend is urging its clients to start proactively planning for a resurgence in construction activity after revising up its inflation forecasts.
It argues for investment decisions to be ‘made not delayed’, and for project teams to secure their supply chains to help tackle stubbornly high inflation.
Despite continued headwinds, the cost consultant has revised up tender price forecasts in its Spring report .Real estate is set to increase to 3.2% this year, up f -
Balfour M25 workers vote for strike in pay row
Around 150 M25 maintenance workers employed by Balfour Beatty have voted for strike action following a pay dispute.
Unite organised the strike ballot for the workers who provide vital maintenance across the entire M25.
Balfour has offered them a 3.4% pay rise which has been dismissed as “meagre”.Unite confirmed the strike vote on the day Balfour released its latest results showing a pre-tax profit of £244m from a turnover of nearly £10bn.
Unite general secretary Sharon Gr -
Andrew English returns to Skanska as infrastructure boss
Skanska has appointed Andrew English as Managing Director of its infrastructure business.
He returns next week to Skanska UK to lead the infrastructure business having previously worked at the company for almost a decade including two managing director positions.
English left Skanska in 2020 to lead Australian firm John Holland Group’s national infrastructure business and more recently has overseen AtkinsRéalis’ transportation division in the UK.He will be a member of Skanska& -
Construction back in growth as output rises 1.1% in January
Construction enjoyed a surprise return to growth at the start of 2024 with monthly construction output in January rising 1.1% in volume terms.
The uplift follows three consecutive monthly falls, with green shoots of growth fed by increases in both new work (1.1%) and repair and maintenance (1.2%).
At the sector level, six out of the nine sectors saw a rise in January 2024. The main contributors to the monthly increase were private new housing, and non-housing repair and maintenance, which increa -
Galliford Try expands offer for water clients
Galliford Try has launched a new partnership with selected consultants that will enable water industry clients to meet their AMP8 programme objectives by having access to guaranteed levels of high-quality design engineering.
The arrangement, known as GT5C, includes consultants AtkinsRéalis, WSP, Binnies, Sweco and GHD who will enhance Galliford Try’s own in-house design capability.
Wayne Hickling Managing Director, Midlands & West Asset Creation for Galliford Try’s Environ -
UK Construction shines in solid year for Balfour Beatty
Improved profitability at the UK construction division lifted Balfour Beatty’s overall performance last year with group revenue rising 7% to edge closer to £10bn.
In a challenging year, group pre-tax profit fell 15% to £244m, due mainly to lower gains from investment disposals.
UK Construction proved the star performer among the trading divisions, with higher transport volumes driving a 10% rise in revenue to just over £3bn.
Underlying profit at the UK Construction increa -
Henry Construction scaffolding goes under the hammer
Tonnes of scaffolding and formwork owned by collapsed contractor Henry Construction are being auctioned off.
The sale organised by Hilco Valuation Services ends next week and the 66 lots can be viewed online here.
Henry went under last year in one of the biggest collapses to hit the industry in 2023.More than 700 suppliers and subcontractors were left holding unpaid invoices worth more than £43m. -
Cornish plant hire firm files administration notice
South west specialist Duchy Plant Hire Ltd has filed a notice of intention to appoint an administrator.
The St Austell based firm has a fleet of more than 400 construction machines supplying kit to sites across the region.
Latest accounts for Duchy Plant Hire for the year to December 31 2022 show the business employed 38 people and had assets of £15.2m.Data and credit checking specialist Red Flag Alert highlighted the firms’ administration notice with its regular checks of high court -
Norfolk invites bids for £600m highways deal
Norfolk County Council has started the tender race for £600m of highways work.
The council is seeking works, professional services and traffic signals contractors to deliver a range of highways and infrastructure services across the county.
A highways and infrastructure services term maintenance and works contract will be worth an estimated £500m over 12 years alongside a highways professional services contract worth a further £100m and a traffic signals deal worth around &poun -
JJ Rhatigan wins £49m London co-living homes job
Developer HUB has picked JJ Rhatigan to deliver a £49m co-living flats project in Wood Lane, west London.
JJ Rhatigan will build 209 co-living homes alongside amenity spaces and two roof terraces at the Yardhouse project, which will start on site immediately.
Through a partnership with Women’s Pioneer Housing, a specialist housing association, the project will also provide 60 new affordable homes for single women, as well as a new head office for WPH.Designed by archit -
2026 start for £6bn London Earls Court scheme
The developer behind the ambitious £6bn redevelopment of Earl’s Court in London has confirmed it will start construction in 2026.
Launching detailed plans for phase one, the Earls Court Development Company confirmed plans would be lodged this summer for phase one.
This will consist of major infrastructure works for the site and over 1,000 homes, the first cultural and commercial buildings, and the park.Planned Table Park at Earls Court
Rob Heasman, CEO of ECDC, said: “Forging a -
Reboot for £3.6bn NHS modular buildings framework
Around 21 modular specialists face a fight to retain places on the next-generation modular building framework for NHS Shared Business Services.
The rebooted framework has been expanded to cover new sectors, doubling the expected workload over the next four years to £3.6bn.
For the first time, it will include a hybrid construction/modular lot, where the general construction works element accounts for over £60m of the project value.This is expected to attract JV bids from mainstream mo -
Costain profits dented by slide in transport arm trading
A slide in profitability and revenue at Costain’s transportation division saw overall group performance slip last year.
Overall, group revenue fell 6% to £1.33bn due to the rephasing and rescoping of projects at the transportation division covering highways and railway work.
This saw group operating profit fall 23% to £27m, while reported pretax profit slipped by 6% to £31m.Over the year to the end of 2023, Costain incurred £8m of transformation and restructuring co -
Persimmon prepares for another tough year ahead
Persimmon is predicting another tough year ahead for the housing market as its latest results showed pre-tax profits fell by more than 50%.
Group chief executive Dean Finch said: “With interest rates expected to remain at current levels and a general election on the horizon, market conditions are expected to remain subdued throughout 2024.
“However, we are well placed to manage this and are positioning the business for sustainable future growth over the medium-term.”Resul -
Plans go in for £250m revamp of Glasgow site
A new planning application has gone in for a £250m revamp of Charing Cross in the centre of Glasgow.
The application has been lodged by CXG Glasgow Limited, a subsidiary of Tracey Investments Limited and owners of the Venlaw building and Elmbank Gardens, in conjunction with the owners of the property at 300 Bath Street.
Plans for the Charing Cross Gateway regeneration project are split into two phases – the first containing student accommodation and a healthcare/GP surgery facility.P -
15-year London Waterloo Station revamp plan
Ambitious plans for a major overhaul of London’s Waterloo railway station and the surrounding area have been unveiled.
The 15-year revamp plan includes opening up boarded-up railway arches, new southern station concourse and a large mansard rooftop extension along the station front entrance.
Network Rail and Lambeth Council have teamed up with local developers HB Reavis, Bourne Capital, LCR, and SB Royal Holdings to commission Grimshaw Architects to develop the vision document for the stat -
£450m Coventry city centre regeneration thumbs up
Development partners, The Hill Group and Shearer Property Group, have got the green light for the first phase of the highly-anticipated £450m City Centre South regeneration project in Coventry.
The landmark housing-led proposals are set to radically transform the centre around Coventry market, creating a pedestrian-friendly residential, shopping and leisure hub.
Phase 1 includes 991 homes as well as 8,000 sq m of commercial space, all set within 17,000 sq m of public open space.Phase 2 wil -
Scaffold tower collapse caught on car dashcam
A passing driver’s dashcam caught the dramatic moment when a scaffolding tower collapsed onto a road in Buckingham last week.
Two men working from the tower were catapulted into the road but appear to have escaped unscathed.
The footage shows the men had added a ladder to the scaffold tower in a bid to reach the roof level of the property.
Eyewitness Thomas Ambrose told ITV news: “I was just driving along the road like I do every day when I noticed the scaffolding falling into -
Go-ahead for 1,600 rental homes for London biscuit factory
Developer Greystar has secured planning approval for a £500m build-to-rent development at a former biscuit factory in Bermondsey, South London.
Plans have been amended from an original scheme acquired from Grosvenor last autumn to include second staircases and more affordable housing.
The addition of a further 88 homes, brings the total rental flats to 1,624 homes.Contractor Sisk is understood to have secured the first high rise building jobs to come out to tender at the site ahead of fell -
Extra £180m of water spending to prevent sewage spills
The government has fast-tracked investment of £180m over the next 12 months in a bid to prevent more than 8,000 sewage spills polluting English waterways.
The new funding commitments are in addition to water companies’ existing £3.1bn investment into storm overflow improvements for this price review period (2020-2025), as well as their ongoing annual investment to maintain the performance of the existing network.
Examples of measures include accelerated wetland construction pro -
Willmott Dixon nabs £18m Pendle police station
Willmott Dixon has expanded its portfolio of blue light projects with an £18m deal to deliver Pendle Police Station for Lancashire Constabulary.The facility to be located at Carr Road in Nelson will replace older stations in Colne and Nelson.
Construction work on the three-storey police station and associated multi-storey car park, was procured through Procure Partnerships. This contract follows the announcement last month that Willmott Dixon had been appointed for the &poun -
A66 Northern Trans-Pennine job gains development consent
The Government finally has granted development consent for the £1.3bn A66 Northern Trans-Pennine dualling.
Delivery partners Balfour Beatty, Kier and Keltbray are now waiting for the green light to start the project, which is to be delivered under an enterprise-wide collaborative working agreement.
The firms will upgrade the remaining 18 miles of single-carriageway sections and key junctions on the route between M6 Junction 40 (Penrith) and the A1 at Scotch Corner.Archaeological work and u -
Subcontractors wanted for Welsh projects
Constructionline is bringing its latest Marketplace Live event to Newport next week.
Subcontractors looking for work across Wales are invited to attend on March 12 at the International Convention Centre where buyers will be looking to connect with regional suppliers and discuss new work.
The event, previously known as ‘Constructionline Meet the Buyer’, features several of the UK’s top contractors, public sector authorities and other organisations. Exhibitors will include -
Galliford Try bags first phase of £135m Wigan Galleries project
Galliford Try has been selected by Wigan Council’s development partner Cityheart to undertake the first phase of construction of the Wigan Galleries shopping centre redevelopment.
The £135m town centre scheme is one of Greater Manchester’s most ambitious regeneration projects and will deliver new homes, leisure and retail facilities as well as a modern market, food hall and hotel.
Specialist groundwork contractor P.P.O’Connor is currently on site preparing the ground for
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