Bovis has reached the summit in the last monthly league table of 2025, thanks to a £176.6m job to revamp a Gloucestershire barracks. It needed just one job at the Duke of Gloucester Barracks to take the gold medal in December, according to construction data provider Glenigan. The design-and-build contract…
Author Archives: Joshua Stein
Readie administration extended by three years
Readie’s administration process could take up to five years following an extension. Administrators at Begbies Traynor on Monday (5 January) extended the process to settle the £421m-turnover firm’s affairs to February 2029. The administration process, which has rumbled on for close to two years, was set to end in February…
Alun Griffiths halves loss and shifts focus from ‘multiple, high-value projects’
Civils contractor Alun Griffiths has halved its pre-tax loss amid a rejig to focus on smaller contracts, as it battles soaring costs on large projects. The firm tabled a pre-tax loss of £48.9m in the year to 31 December 2024, down from £95m, as it continued to combat “significant loss…
Taylor Wimpey sues Vinci over major Cardiff cladding job
Housebuilder Taylor Wimpey is suing Vinci Construction for more than £30m over alleged cladding and steelwork defects carried out by the contractor’s subsidiary Taylor Woodrow at a development in Cardiff. The case concerns the development of seven residential towers at Victoria Wharf in Cardiff Bay. Taylor Wimpey appointed Taylor Woodrow…
Building Safety Act review planned for 2027
Landmark legislation around building safety will be reviewed in 2027 - five years after it was introduced, the Ministry of Housing, Communities and Local Government (MHCLG) announced yesterday. The landmark Building Safety Act (BSA) was introduced in 2022 in response to the Grenfell Tower tragedy in 2017 when 72 people…
Long-term construction professions strategy announced
A new long-term strategy for the construction professions has been revealed at the same time as the government published a new prospectus for the single construction regulator. The government promised to reveal the strategy along with reforms to building regulations and construction products to boost building safety, quality and productivity.…
Industry welcomes Building Safety Levy exemption proposal
Construction industry heavyweights have thrown their weight behind proposals to exempt medium-sized home schemes from the Building Safety Levy (BSL). Housing secretary Steve Reed (pictured) on Tuesday (16 December) announced a raft of changes to the National Planning Policy Framework (NPPF), including an exemption from the levy for sites of…
Tier ones plead not guilty in Hinkley Point C death case
Two tier one contractors have entered not guilty pleas to health and safety offences in two separate cases relating to a death and a serious injury at Hinkley Point C. Both cases have been brought following investigations by the Office for Nuclear Regulation (ONR). The first case relates to the…
Loss deepens at Watkin Jones after £9.5m building safety provision increase
Contractor Watkin Jones slipped further into a loss after its building safety remediation costs ramped up. The contractor – the UK’s 54th biggest – recorded a pre-tax loss of £8.7m in the year to 30 September 2025, up from £300,000 the year before. Turnover fell from £362.4m to £279.8m, while…
HS2 slowdown shrinks profit at ground engineering specialist
Profit and turnover plummeted at the UK’s biggest ground engineering specialist following a slowdown in activity on HS2. Bachy Soletanche – which is owned by construction conglomerate Vinci – reported a pre-tax profit of £5.9m in the year to 31 December 2024, 60 per cent down on the £15.7m in…