• Chief executive Mark Lawrence leaves TClarke

    Chief executive Mark Lawrence leaves TClarke
    TClarke Chief Executive Officer Mark Lawrence has left the company with immediate effect after a 40-year career.
    The news was confirmed by Britain’s biggest M&E contractor as its posted latest results.
    Lawrence started at TClarke in 1985 as an electrical apprentice and worked his way through the ranks becoming CEO in 2010.TClarke delisted from the Stock Exchange in 2024 becoming a private company after its acquisition by the Regent Group.
    Fellow long serving director Mike Crowder
  • Turnover dips as Laing O’Rourke focuses on bottom line

    Laing O’Rourke saw pre-tax profits nearly double in its latest results despite a drop in turnover.
    Focusing on the bottom line is paying of for the contracting giant as pre-tax profits for the year to March 31 2026 rose to £80.1m from £41.4m last time as turnover fell to £3.69bn from £3.95bn.
    The company said the latest numbers reflect a “deliberate shift towards prioritising margin improvement.”Laing O’Rourke also reported a record order book of &
  • Cladding retrofit drive faces red alert over delivery delays

    Cladding retrofit drive faces red alert over delivery delays
    Delivery of the Government’s flagship cladding remediation programme has been red-flagged by infrastructure watchdog the National Infrastructure and Service Transformation Authority.
    In its assessment of the Government’s major projects portfolio, the huge cladding retrofit programme was downgraded to a Red delivery rating after officials warned that current plans “remain challenging” because of Building Safety Regulator delays, rising construction costs and growing w
  • Panattoni gets green light for Southampton logistics site

    Panattoni gets green light for Southampton logistics site
    Developer Panattoni has secured planning consent for T Park Southampton – a new Grade A industrial and logistics development at Salisbury Road, Totton.
    The scheme will deliver five detached speculative units, providing around 223,000 sq ft of high-quality space.
    T Park Southampton is immediately adjacent to Junction 2 of the M27, providing direct access to the wider South Coast, the M3, London, and the national motorway network. The site is also around 5.5 miles from Southampton Port, the
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  • Diversification paying dividends for brick giant

    Diversification paying dividends for brick giant
    An expansion into specialist contracting is paying-off for construction materials distributor BRCK Group as its core market continues to be hit by a slow housing market.
    Materials distribution operations account for 80% of turnover with the growing design and install specialist contracting operations now hitting 20%.
    Revenue across the business for the year to March 31 2026 increased to £645.4m from £637.1m last time as pre-tax profits fell to £6.3m from £11.7m.The design
  • Galliford Try and Balfour Beatty join forces for £1.9bn A9 race

    Galliford Try and Balfour Beatty join forces for £1.9bn A9 race
    Galliford Try has teamed up with Balfour Beatty to target Scotland’s biggest roads prize – the £1.9bn dualling of the remaining stretches of the A9 between Perth and Inverness.
    The joint venture, which brings together Balfour Beatty and Galliford Try’s Scottish business Morrison Construction, is understood to have been formed to bid for the final five contracts under Transport Scotland’s new NEC4 framework approach.
    Selected firms will deliver around 92km of dual ca
  • Bouygues high-rise key worker housing pilot gains consent

    Bouygues high-rise key worker housing pilot gains consent
    Bouygues UK has secured planning permission for a landmark 152-home key worker housing scheme in Southwark that will test a new affordable rent model aimed at helping essential public sector staff live closer to central London.
    The SE1 development, on the corner of Abbey Street and Druid Street near London Bridge station, will deliver homes for key workers including NHS staff, teachers, police officers and firefighters under Southwark Council’s emerging Affordable Housing Supplementary Pla

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