• Taziker turnaround gathers pace on CP7 rail boost

    Taziker turnaround gathers pace on CP7 rail boost
    Specialist engineering contractor Taziker Industrial has returned to full profitability two year after original founders secured a buyback from private equity investors.
    The Chorley-based specialist contractor increased pre-tax profit from continuing operations by almost a quarter to £4.8m in the year to 31 March 2026 as revenue rose 7% to a record £88m.The latest results continue the recovery that began after founders Thomas Taziker, Nigel Taziker and Graham Moor bought back control
  • Construction arm lifts Muir Group back to profit growth

    Construction arm lifts Muir Group back to profit growth
    Muir Group returned to stronger growth last year after its construction business more than doubled profits, helping lift group turnover nearly a third to £114m.
    The Scottish contractor posted pre-tax profit of just over £3m for the year to January 2026, up from £320,000 a year earlier, while cash balances climbed from £12m to £21m.
    The turnaround was driven by Muir Construction, where turnover increased to £86m and pre-tax profit jumped from £2.2m to &po
  • Orbit unveils £1.4bn long-term housing works pipeline

    Orbit unveils £1.4bn long-term housing works pipeline
    Social landlord Orbit has launched one of the biggest long-term housing maintenance and new build procurements to hit the market this year.
    The housing association is seeking contractors for a £1.4bn programme covering planned investment, remediation and major projects across its housing stock.
    Its programme will be divided into five regional lots covering the Midlands, East of England and South East under contracts due to start in April 2028.Orbit plans to spend £1.4bn over the 15-y
  • Magrock lands £16m David Lloyd deal

    Magrock lands £16m David Lloyd deal
    Magrock haa been appointed main contractor to deliver a new £16m David Lloyd Leisure health club at Bunford Park, Yeovil.
    Construction work will start this month with completion expected next summer.
    The club will feature a premium gym equipped with the latest fitness technology, multiple exercise studios, indoor and outdoor swimming pools, and a comprehensive wellness and spa offering. The dedicated spa retreat will include a Himalayan Salt Sauna, steam room, ice cave, plunge pool, hydrot
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  • Ibstock makes £27m loss as brick demand dives

    Ibstock makes £27m loss as brick demand dives
    Brick giant Ibstock made a pre-tax loss of £27m during the six months to June 30 as demand for its products slumped.
    The loss compared to an £8m profit last time as turnover fell to £164m from £193m.
    The losses came despite two price hikes during the period as production levels were reduced by 20 million units and mothballed facilities led to impairment charges of £24.7m.Joe Hudson, Chief Executive Officer said: “Ibstock delivered a solid first-half performanc
  • Yorkshire Water sounds out market for £3bn AMP9/10 plan

    Yorkshire Water sounds out market for £3bn AMP9/10 plan
    Yorkshire Water has launched early market engagement for a £3bn infrastructure works programme spanning AMP9 and AMP10 as it prepares to reshape its long-term delivery strategy.
    The water company is inviting contractors and suppliers to help design the procurement model for the 10-year framework, which is expected to run from April 2028 to March 2038 with annual spending of around £330m.
    The programme will cover a broad range of water and wastewater infrastructure work across Yorkshi
  • Tribe lodges twin Greenwich student tower scheme

    Tribe lodges twin Greenwich student tower scheme
    Developer Tribe has lodged plans for a pair of high-rise towers on the Greenwich Peninsula delivering student accommodation, co-living homes and affordable housing beside the Silvertown Tunnel.
    The application proposes a 27-storey block with 673 purpose-built student bedrooms alongside a 23-storey tower providing 380 co-living homes. A further 80 affordable homes are also included within the wider development.
    Designed by architect CJCT, the scheme occupies a vacant site on Millennium Way, immed
  • Gatwick second runway cleared after court challenge fails

    Gatwick Airport’s £2.2bn second runway expansion has cleared its final legal hurdle after the Court of Appeal dismissed a challenge against the project, paving the way for construction to begin.
    The government said the privately financed scheme is now on course to bring the airport’s standby northern runway into full use from 2030, allowing up to 100,000 additional flights a year and supporting 14,000 jobs across the region.
    Transport secretary Heidi Alexander said the ruling e
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  • More subcontractors wanted across London

    More subcontractors wanted across London
    Constructionline is planning a second networking event for subcontractors across London.
    A host of work opportunities will be up for grabs at the latest Marketplace Live event for the North London region on Wednesday 9th September 2026.
    It will bring businesses together from across London, the South East, and Anglia regions at StoneX Stadium, Saracens, where Tier 1 and Tier 2 contractors will be looking to connect with pre-qualified subcontractors and suppliers to discuss upcoming work opportuni
  • GMI lands £21m Nuneaton library and business hub job

    GMI lands £21m Nuneaton library and business hub job
    GMI Construction is set to secure a £21m contract to build a new library and business centre in Nuneaton after seeing off competition from Clegg Construction, McLaren Construction and McPhillips (Wellington).
    Warwickshire County Council selected the Leeds-based contractor for the design and build scheme, which forms a key part of the wider Transforming Nuneaton regeneration programme.
    Work is expected to start later this month after the standstill period ends.The project will transform the
  • SIG racks-up another £21m loss

    SIG racks-up another £21m loss
    Building materials distribution giant SIG made a pre-tax loss of £21.6m in the six months to June 30 2026.
    It was an improvement on last time when losses were £33.1m as turnover dipped to £1.29bn from £1.3bn.
    SIG bosses are braced for tough market conditions to continue this year “and possibly throughout 2027.”The company is accelerating is efficiency drive which is expected to save £100m by the end of next year as underperforming businesses will be clos
  • Swindon groundworks firm files administration notice

    Swindon groundworks firm files administration notice
    House building groundworks specialist Avtar Construction has filed a notice of intention to appoint an administrator.
    The Swindon-based civils and groundworks specialist has worked for regional offices of major house builders like Vistry, Persimmon and BarrattRedrow turning over around £20m last year.
    The firm, which was set up 16 years ago, works across the south west and employed around 60 staff last year.
    Avtar is one of only a few civil engineering contractors in the South West with th
  • Formation wins Gateway 2 for Hyde Greenwich homes

    Formation wins Gateway 2 for Hyde Greenwich homes
    Wembley contractor Formation Design and Build has secured Gateway 2 approval with housing association Hyde for a 182-home affordable housing scheme at Charlton Riverside in Greenwich.
    The Eastmoor Street project is the first Hyde-led development within the wider Charlton Riverside Opportunity Area, where the housing association has consent to build around 1,200 homes alongside new public spaces, commercial uses and improved access to the Thames Path.
    Approval of the housing scheme near the Thame
  • GRAHAM wins final contract on £323m Didcot roads upgrade

    GRAHAM wins final contract on £323m Didcot roads upgrade
    Oxfordshire County Council has appointed GRAHAM to deliver the Didcot to Culham River crossing section of the £323m Didcot and surrounding areas major infrastructure (HIF1) scheme.
    It is the third and final construction contract to be awarded for this scheme where VolerFitzpatrick and AECOM have also landed deasl
    The Didcot to Culham River Crossing includes a new 3.6km single carriageway road between the A4130 at the existing Collett roundabout junction in Didcot and the A415 at Culham.It
  • Vistry go-ahead for 300 affordable homes by North Mid hospital

    Vistry has secured planning backing for a scheme of over 300 affordable homes on land next to North Middlesex University Hospital in Edmonton.
    Enfield Council unanimously resolved to grant planning permission for the partnership-led development, which will now progress to completion of a Section 106 agreement before work is expected to start later this year.
    The scheme will deliver 152 social rent homes and 154 intermediate affordable homes, including key worker housing for eligible hospital sta
  • BW reshapes leadership team after CEO handover

    BW reshapes leadership team after CEO handover
    Employee-owned fit out specialist BW has reshuffled its senior leadership team following Anthony Brown’s promotion to chief executive as it prepares for its next phase of growth.
    The move comes weeks after long-serving chief executive Steve Elliott stepped down following 12 years at the helm, handing over to former chief marketing officer Brown at the end of July.
    As part of the new structure, Peter Nagle has been promoted to chief operating officer, taking responsibility for project deliv
  • Kori to convert Chiswick police station into care home

    Kori to convert Chiswick police station into care home
    Kori Construction is set to start work next month on its latest contract to convert the site of a former police station on Chiswick High Road into a new fifty-unit extra care retirement living community.
    The latest job for client Birchgrove is due for completion by the end of 2028.
    The scheme has been designed to serve the wider community as well as its residents. A ground floor space will be available for local groups, charities and individuals to hire, doubling as a venue for police resident m
  • London office scheme switched to 530 co-living homes

    London office scheme switched to 530 co-living homes
    A vacant Wimbledon office block is set to make way for a landmark mixed-use tower after fresh plans were submitted to replace a consented unbuilt office scheme with more than 530 co-living homes.
    Developer Re:shape wants to demolish the seven-storey St George’s House East opposite Wimbledon station and build a 13-storey scheme designed by PLP Architecture.
    The project would deliver 532 shared living studios alongside 36 social rented family homes, plus 2,271 sq m of Grade A workspace and a
  • HS2 renegotiates contracts with construction giants

    HS2 renegotiates contracts with construction giants
    HS2 Ltd has successfully renegotiated contracts with two of the civil engineering joint-ventures building the route.
    New commercial contracts have been signed with EKFB and Align which collectively account for more than 100km of HS2 between London and the West Midlands.
    The new deals “reset incentives by rewarding efficient delivery and cost control through a revised payment structure with contractors, ensuring they are incentivised to deliver on budget and on time.”Previ
  • Rayner waves through £500m London Truman Brewery plan

    Rayner waves through £500m London Truman Brewery plan
    Housing secretary Angela Rayner has approved the controversial £500m redevelopment of the Truman Brewery estate in east London.
    The decision clears the way for a major mixed -use scheme including offices, a data centre, cinema and new public spaces despite fierce opposition from Tower Hamlets Council and local campaigners.
    The project, promoted by Truman Estates and Zeloof LLP, will transform three sites around Brick Lane through separate planning applications.Plans include five new buildi
  • Taylor Wimpey slashes dividend policy as cash pile halves

    Taylor Wimpey slashes dividend policy as cash pile halves
    Taylor Wimpey has slashed its shareholder payouts policy after a prolonged housing market downturn eroded profits and almost halved its cash pile.
    The house builder has cut its annual distribution policy from its previous level of 7.5% to 4% of net assets, saying the move is needed to preserve balance sheet strength and financial flexibility as weaker market conditions continue.
    Half-year results showed net cash fell 48% to £169m from £327m a year earlier, while adjusted operating pr
  • Construction confidence jumps to highest level this year

    Construction confidence jumps to highest level this year
    Construction firms turned sharply more upbeat in July as stronger customer demand and improving financial conditions lifted confidence to its highest level in more than a year.
    The latest Lloyds Business Barometer published today showed overall confidence in the sector jumped 10 points to 56%, well above the 12-month average of 47%.
    More than two thirds of industry firms now expect business activity to increase over the next year, with 65% planning to take on more staff, up from 55% in June.Conf
  • Worker hit by 100kg beam while taking down steel frame

    Worker hit by 100kg beam while taking down steel frame
    An event structure company and its director have been fined after an employee suffered severe injuries after being hit by a steel beam while dismantling an internal steel frame.
    iSkate Limited employee, Natalie McCreith, 38, a former outdoor sports instructor, had worked for the company for 14 years when she was seriously injured while working at Beaverbrook Hotel & Golf Course Leatherhead, Surrey, on 26 June 2024.
    McCreith underwent an 11-hour operation, spent three months in hospital and s
  • Tonroe Group breaks £1bn barrier on data centre boom

    Tonroe Group breaks £1bn barrier on data centre boom
    Technical contracting specialist Tonroe Group smashed through the £1bn turnover mark last year as a surge in hyperscale data centre work across Europe and strong UK trading delivered record results.
    The Gerrards Cross headquartered group lifted revenue 27% to £1.19bn in 2025 while pre-tax profit climbed 15% to £48m, driven by rapid expansion of its international data centre business.
    Jackie Wild, Group CEO said: “2025 was a year of strong growth across the Group, driven b
  • NHS signs eleven new hospital construction deals

    NHS signs eleven new hospital construction deals
    Eleven contracts have now been signed to deliver new hospitals across England.
    The deals bring together NHS trusts and leading contractors to deliver 11 schemes through a new collaborative approach designed to build modern hospitals more efficiently.
    The partnerships will support the delivery of Hospital 2.0 – the New Hospital Programme’s modern, standardised approach to designing, building, and operating hospitals.Combining national standards, digital innovation and modern methods o
  • TCC supports £22m industrial scheme

    TCC supports £22m industrial scheme
    Work is beginning on a major multi-unit industrial development in Walsall with the help of a leading Midlands construction consultancy.
    The £22 million Central Point development in Willenhall Road, close to Junction 10 of the M6, will provide almost 100,000 sq ft of modern industrial space across six units. Birmingham-based The Construction Consultants (TCC) have been appointed as project managers, quantity surveyors and employers agents to oversee the project on behalf of the Henley-in-Ar
  • Contractors offered free AI PPE detection trial

    Contractors offered free AI PPE detection trial
    Construction security and monitoring specialist VIS Systems has launched Proof on Site – a campaign built on the idea that AI PPE detection should be judged on evidence from a contractor’s own site rather than on a supplier’s demonstration.
    Under the campaign, main contractors and their project teams can deploy the company’s VISion AI platform on one live, active site for 30 days at no cost, and assess it on the safety breaches it identifies and the critical compliance da
  • BAM UK first half profits jump as civils delivers

    BAM UK first half profits jump as civils delivers
    Civil engineering business drove a sharp rise in first-half profits at BAM’s UK construction business as claim settlements and stronger project delivery lifted earnings.
    Civil Engineering UK increased EBITDA by nearly half to £59m despite revenue easing 1% to £780m, lifting operating margin to 7.6%, up from 5.1% in the same period last year.
    BAM said the performance was supported by claim settlements and a high quality order book focused on rail and energy transition projects.T
  • Acquisitions pay-off for United Infrastructure

    Acquisitions pay-off for United Infrastructure
    A string of acquisitions and getting out of the new homes market has allowed United Infrastructure Group to post a strong set of results.
    The company operates in the support services sector, providing essential services to the owners and operators of UK critical utility and social infrastructure assets.
    Results for the year ended 31 March 2026 show revenue up to £845.8m from £718.2m while pre-tax profit from continuing operations increased to £49.6m from £38.4m.Durin
  • US private equity firm swoops for Avove

    US private equity firm swoops for Avove
    US private equity giant H.I.G. Capital has bought fast-growing utilities contractor Avove, betting on a surge in UK spending on water and power infrastructure.
    The Chorley-based contractor, which employs more than 800 people, has enjoyed strong growth since being carved out of Amey Utilities by UK-based private investor Rubicon Partners in 2022 and rebranded as Avove.
    Latest accounts show revenue climbed to £227m in the year to 31 December 2025 from £216m, while pre-tax profit jumped

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