Construction news

• Speedy Hire racks-up £32m loss

  17-06-2026 09:04
  
  Speedy Hire has posted a pre-tax loss of £32.3m in its latest results.
  The plant and tool hire giant showed revenue flat at £416.1m for the year to March 31 2026 as pre-tax losses deepened to £32.3m from £1.5m last time.
  Bosses blamed “continued macro‑economic uncertainty and subdued activity level” and higher borrowing costs for investment in new kit.Chief Executive Dan Rayner said better times were ahead as the company’s “Velocity” gr
  
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• RE:GEN, Esh and Bell set for slice of £48m Gentoo retrofit push

  17-06-2026 08:46
  
  Housing association Gentoo is rolling out a £48m programme of improvement works across more than 2,800 homes in Sunderland this year.
  The investment package will be delivered through a team of framework partners including RE:GEN Group, Esh Construction, Bell Group, PHS and Isoler.
  Works will include external decorations, new kitchens and bathrooms, electrical rewires, replacement communal entrance doors and roof renewals.The programme forms part of Gentoo’s long-term investment strat
  
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• Bachy creates technical director role as ex-Skanska boss joins

  17-06-2026 08:28
  
  Geotechnical contractor Bachy Soletanche has strengthened its senior leadership team with the creation of a new technical director role and the appointment of a former Cementation Skanska director to lead its southern business.
  Martin Stanley has been promoted to the newly-created role of technical director after 20 years with the business.
  He will oversee technical, design, operational systems, quality and digital functions, with responsibility spanning business development, preconstruction and
  
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• Higgins lands first phase of £500m estate revamp

  17-06-2026 08:25
  
  Camden Council has appointed Higgins Partnerships to deliver the first phase of the regeneration of the £500m of the West Kentish Town Estate.
  The Enquirer understands Higgins’ contract is worth around £27m to deliver 52 new affordable homes across two six-storey blocks.
  Declan Higgins, Chief Executive Officer for Higgins Group, said: “Alongside providing high-quality, affordable homes, we will work closely with the local community to cr
  
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