Facade and curtain walling specialist Permasteelisa UK’s pre-tax loss has worsened despite increasing its turnover by a quarter, according to its latest annual accounts. The Italian contractor’s UK arm reported a pre-tax loss of £10.3m in the year to 31 March 2025, marking a 53 per cent deterioration on its…
Fewer construction companies went under in December 2025 than the month before, according to the latest data from Creditsafe. But the 20 collapses in the final month of the year marked the highest December total since 2022, when 23 firms went under. In a broader context, the fourth quarter (Q4)…
Slow mobilisation on rail frameworks has contributed to a £45m drop in turnover at civils specialist Story Contracting, although group pre-tax profit increased by 17 per cent. Accounts for its parent firm Story Contracting Holdings showed that the contracting division – responsible for 83 per cent of group revenue –…
Henry Boot plc has completed the sale of its construction arm to a firm led by three of its former directors. The deal was officially completed on 31 December, the parent firm said today (5 January). The management buyout (MBO) of Henry Boot Construction (HBC) was originally announced last September,…
Bedford-based contractor SDC Holdings has improved its profit margin despite falling turnover amid difficult market conditions. Pre-tax profit rose by a third from £5.4m to £7m in its latest accounts for the year to 30 September 2025, although revenue dipped by 4 per cent from £247.7m to £238m. Higher profit…
Mace Group executive chairman Mark Reynolds has been made CBE in the New Year Honours list. Reynolds (pictured) was honoured for services to business and the construction industry. He was chief executive of Mace from January 2013 to December 2024 but retained his group chair role, which he has held…
Wakefield-based Thurston Group Ltd and two associated firms have been sold out of administration in a pre-pack deal, saving more than 200 jobs. Privately owned industrial manufacturing and distribution firm GCH Corporation Ltd acquired the modular and offsite construction specialist for an undisclosed sum, administrators from Leonard Curtis announced on…
10. Inside the BSR bottleneck: part two In the second instalment of a two-part series investigating the Building Safety Regulator's progress, Charlotte Banks explored whether change was on the horizon. 9. 10 people to watch in 2025 Chatbots, Tilbury Douglas chief executive Craig Tatton and HS2 chief Mark Wild…
With the infrastructure boost offset by a slow housebuilding market and the ongoing skills crisis, the construction industry is hoping for a better year ahead
HS2’s Colne Valley viaduct opened in September. At 3.3km, it is the longest of more than 50 viaducts being built for the high-speed rail megaproject. The Grade II*-listed Tyne Bridge carries 70,000 vehicles daily, and with its 2028 centenary fast approaching, a major restoration by Esh is underway. Sir Robert…
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