Ben Vogel | Construction News

Water sector will be ‘defining catalyst’ for infrastructure M&A

Ben Vogel — Fri, 20 Feb 2026 12:53:49 +0000

The current five-year AMP8 water sector investment period will be a “defining catalyst” for infrastructure mergers and acquisitions (M&A), according to an analysis. In its 2025 review of UK infrastructure M&A, financial services firm Heligan Group said 86 construction and engineering deals were made last…

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Hinkley Point C M&E delay hits client’s finances

Ben Vogel — Fri, 20 Feb 2026 12:06:55 +0000

A 12-month delay in completing mechanical and electrical (M&E) work on one of Hinkley Point C’s nuclear reactors has hit client EDF Energy’s bottom line. Financial results for the French energy giant, released this morning, showed a €2.5bn (£2.18bn) net profit impairment on the nuclear…

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Two-tier PBAs touted to solve payment-related mental health issues

Ben Vogel — Thu, 19 Feb 2026 12:45:01 +0000

Ringfenced project bank accounts (PBAs) should be extended throughout the construction supply chain to “eliminate” payment-related mental health issues, a white paper has argued. A two-tier PBA system would offer not only financial but also psychological protection to small and medium-sized construction businesses that are…

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‘Strong’ execution helps Bam Construction UK back to profit

Ben Vogel — Thu, 19 Feb 2026 10:59:32 +0000

The UK construction arm of Netherlands-based Royal Bam has bounced back into the black with “a solid increase” in turnover and “strong” project execution. Bam Construction UK generated adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) of €31.1m (£27.1m) in the year to 31…

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Profit and turnover surge powers ‘best year’ for EOT Kilnbridge

Ben Vogel — Wed, 18 Feb 2026 11:32:10 +0000

Structures specialist Kilnbridge has recorded its “best year” since its transition to an employee-owned trust (EOT), according to its founder and chairman Dermot McDermott. In accounts for the year to 30 June 2025, released this morning (18 February), the London-based firm announced a “substantial” 81…

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Manx government seeking to recover ferry terminal build costs

Ben Vogel — Fri, 13 Feb 2026 12:45:42 +0000

The Manx government is seeking to recoup some of the cash it spent on building the Isle of Man ferry terminal in Liverpool. But the main contractor on the job, John Sisk & Son, has said there is no “ongoing dispute” over the contract. Sisk’s…

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Severfield workers set to strike over lack of pay rise

Ben Vogel — Thu, 12 Feb 2026 16:59:27 +0000

More than 100 workers have voted to strike at Severfield’s Bolton site after being denied a pay rise, trade union GMB has announced. It said that more than 90 per cent of GMB members employed as welders, platers and machine operators have backed industrial action…

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Sports modular specialist appoints administrators

Ben Vogel — Mon, 09 Feb 2026 12:45:27 +0000

A family-run modular business in Yorkshire that specialised in football projects has fallen into administration. Mockba Ltd – trading as Mockba Modular – called in administrators Carrie James and Simon Carvill-Biggs of Oury Clark, according to a notice on the official Gazette site last week.…

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Ardmore loss quadruples amid problem jobs and contracting arm collapse

Ben Vogel — Fri, 06 Feb 2026 11:48:49 +0000

Ardmore Group Ltd has plunged deeper into the red amid losses on legacy jobs and the collapse of its contracting arm following a “significant” adjudication award. The release of audited accounts for the year to 30 September 2024 – following a four-month delay – showed…

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Rescues offset January business failures

Ben Vogel — Thu, 05 Feb 2026 11:55:18 +0000

Administrations in the construction sector fell in January for the second consecutive month, while a number of firms were rescued after administrators stepped in. The January 2026 total of 16 collapses still marked a year-on-year increase compared with the 10 failures recorded by Creditsafe in…

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