Author Archives: Greg Pitcher

Hampshire-headquartered contractor Knights Brown Construction has grown its turnover and profit. The coastal and energy specialist, which also has offices in Kent and South Wales, posted revenue of £116.4m for the year to 31 March 2025. This was up 15 per cent from the prior period, while pre-tax profit soared…

EDF’s chief executive has declared his intention to speed up construction of nuclear power stations through greater efficiency. Bernard Fontana, who took the helm at the Paris-headquartered energy giant earlier this year, said the company was determined to deliver its next generation of plants more quickly and cost-effectively. He told…

Spencer Engineering Group plunged to a £4.3m loss in its latest annual results after adjusting the value of an energy investment in Yorkshire. The Hull-based engineering firm posted the pre-tax deficit for the year to 31 March 2025. It followed a £1.1m pre-tax profit in the prior period and came…

Aggregates supplier GRS Roadstone has suffered a big drop in pre-tax profit. The Nuneaton-headquartered construction materials firm posted profit before tax of £3m for the year to 31 January 2025. This was down from £9.2m in the prior period despite turnover inching up 0.5 per cent to £478.9m. Directors said…

Ensuring transparency across the supply chain, digital product passports are commonplace in the textiles and electronics worlds – and now they’re coming to construction

A joint venture of Sacyr Ireland and Wills Bros has secured a £233m tunnelling contract at Dublin Airport. The pair will create the 1.1km-long West Apron Vehicle Underpass to provide a dedicated route for airside vehicles such as tugs, steps, catering trucks and cargo operators, according to Construction News' sister…

Caunton Engineering’s turnover and profit have plunged. The Nottingham steelwork contractor, which was fifth in CN’s 2024 list of top 10 steel contractors, this week posted revenue of £65.5m for the year to 31 January 2025, down 31 per cent from £94.8m in the previous 12 months. Pre-tax profit dropped…

The head of the Public Accounts Committee (PAC) has branded the HS2 rail megaproject a “disaster” and described ongoing uncertainty over its cost as “unacceptable”. In a report released this morning (15 October), Geoffrey Clifton-Brown added that the government “must learn” from the troubled programme. The then coalition government approved…

The new managing director of the Considerate Constructors Scheme (CCS) has called for applications from prospective monitors and set out a vision of expanding the organisation’s work. Desiree Blamey, who was given the role on a permanent basis only last month, said the recruitment of individuals to assess building sites…

Bellway put aside more than £50m in its latest financial year for remediating apartment blocks in line with post-Grenfell programmes. The housebuilder revealed a net legacy building safety expense of £51.8m for the 12 months to the end of July 2025. This was up from £37m in the prior year…