Supply Chain

Scaffolders in the top 10 had a strong, steady year. Overall, total turnover reached £1.35bn, passing the billion-pound milestone for the first time. Total pre-tax profit rose 92 per cent to £124.9m. Altrad UK led once again, pulling further away from the pack with turnover rising 38 per cent to…

Mechanical and electrical (M&E) firms have enjoyed a strong run of late. The 10 biggest specialists in the sector recorded a collective pre-tax profit of £116m based on their most recent audited annual accounts – more than double the figure last year. Aggregate revenue, meanwhile, rose by almost a fifth…

Despite the economic headwinds affecting the industry, total turnover and profit rose in most sectors last year. But is it too soon to celebrate? 

Profit and turnover have fallen among the UK’s biggest constructional steel contractors in the past year amid persistently high labour and energy costs. The top 10 firms in the UK reported a 42 per cent fall in pre-tax profit in their most recent accounts, collectively making £34.1m less. Revenues also…

In a mixed year for ground engineering firms, revenue fell while pre-tax profits rose as companies grappled with the impact of delays in project starts, the Building Safety Act and uncertainty over future workloads. Nine of the  sector’s top 10 businesses were profitable but, in total, revenue fell by £22.8m…

The UK’s largest demolition contractors saw their combined pre-tax profit plunge by more than a third in the past financial year. Turnover for the top 10 combined barely grew, rising from £958.4m to £966m. But despite a 64 per cent profit drop – down from £56.4m to £20.4m – the…

British Steel has slapped a price increase on structural sections in a move that could have “major ramifications” for the industry. The Chinese-owned manufacturer, whose Scunthorpe blast furnaces were rescued at the eleventh hour by the UK government earlier this year, wrote to customers this month notifying them of an…

Bam Nuttall has signed up to use a new digital payment platform designed as an alternative to Project Bank Accounts (PBAs) – its first use on a public project. The contractor has adopted Digital Parallel Payment Accounts (DiPPAs) on two contracts with the Environment Agency (EA) in the North East…

Marshalls has appointed Simon Bourne as interim chief executive officer following the immediate departure of Matt Pullen. Bourne, who has been the group’s chief commercial officer since the start of 2024, will lead the firm as it moves to accelerate delivery of its ‘Transform & Grow’ strategy. He joined the…

The construction industry has voiced relief over chancellor Rachel Reeves' Budget decision to retain two separate landfill tax rates after intensive lobbying. The move could save the government’s pledge to build 1.5 million houses, leading figures in the construction sector have said. Industry bigwigs said the decision to retain a…