Supply Chain

Output in the construction sector is forecast to fall back because of the impact of the rise in the cost of mortgages on housing demand. The Construction Products Association (CPA) projected that total construction output would fall by 2.9 per cent this year, before recovering by 2 per cent in…

Revenue and profit at mechanical and electrical (M&E) specialist Dalkia Operations fell last year amid restructuring costs, higher provisions and project delays. The Manchester-based firm’s latest accounts filed with Companies House, covering the 2023 calendar year, show that pre-tax profit dropped by 38 per cent, from £1.8m to £1.3m. Turnover…

Most construction product manufacturers are still not set up to meet one of the key post-Grenfell safety recommendations, according to a survey. Research for the Construction Leadership Council (CLC) found a widespread lack of understanding of the move towards digitised project documents among manufacturers. In a report, the body warns…

Suppliers have said they are confident they can meet any extra demand for materials generated by the government’s ambition to increase housebuilding and infrastructure activity. Industry experts said there would not be an immediate increase in demand on supply chains but added that suppliers were ready to step up activity.…

Permasteelisa has landed the facade package on the £300m Salisbury Square development on Fleet Street in the City of London. The buildings, also known as the Justice Quarter, will serve as a new court and City of London Police headquarters. Mace is the main contractor on the job, and Keltbray…

Steel specialist J&D Pierce has reported a small drop in profit following tough market conditions. The Ayrshire-based specialist, which delivered structural steelwork for Liverpool Football Club’s £80m Anfield Road stand revamp (pictured) last year, tabled a pre-tax profit of £13.3m in the year to 31 December 2023, in comparison to…

Industry body Build UK has released an updated version of the Common Assessment Standard (CAS), including new questions on firms’ building-safety capabilities. The CAS is an industry-agreed set of questions and corresponding assessment standards that can pre-qualify construction suppliers for projects. The updated version (V4) contains a new Building Safety…

Construction News last week published a story that incorrectly reported that mechanical and electrical (M&E) specialist Cityside Electrical posted a loss in its most recent accounts. In fact, the firm made a pre-tax profit of £6.00m during the year – which covers the period to September 2023, compared with £7.57m…

For the first time in 14 years a Labour Party prime minister will preside in 10 Downing Street. Keir Starmer forming a new government today (5 July) after winning a majority of 172 seats. The party is expected to boost worker rights and union powers as part of forthcoming labour…

Tata Steel has threatened to pause steel-making at its site in Wales as worker walkouts loom. The UK arm of the Indian corporation said it “may not have any choice” but to halt both of its traditional blast furnaces at its Port Talbot plant if strikes go ahead next month.…