Author Archives: Greg Pitcher

A sharp rise in new starts will lift activity next year, driven by public sector and infrastructure work, according to new data. Industry data specialist Glenigan is forecasting an 8 per cent hike in underlying starts in 2025 compared with this year and a further 10 per cent rise in…

Construction product supplier Brickability has posted an increase in revenue amid an upturn in energy efficiency and fire remediation work. The Bridgend-based firm revealed in its interim results an income of £330.9m for the six months to 30 September 2024. This was up 1.9 per cent from the same period…

Steel giant Severfield has slipped to a £5.8m pre-tax loss in its interim results after uncovering the need to remediate 12 bridges, nine of which form part of the High Speed 2 (HS2) megaproject. The York-headquartered firm this morning (26 November) revealed it had set aside £20.4m to resolve structures…

Scottish Water is seeking £9bn of support to deliver its capital investment programme over the next two regulatory periods. The utility giant published an official notice inviting interest in its Delivery Vehicle 4 (DV4) Enterprise agreement to cover design and construction work from 2027 to 2033 with possible extension to…

Contractors are being sought for a dynamic purchasing system (DPS) for housebuilding worth up to £10bn. The South East Consortium, a non-profit procurement vehicle owned by 54 housing associations and councils, is looking for firms to join the DPS to gain opportunities to work under five lots, ranging from small…

More than 4,000 construction companies became insolvent in the year to September 2024, official data has revealed. The latest monthly figures released by the Insolvency Service showed that construction remains the worst-hit sector for liquidations, administrations and company voluntary arrangements. More than one in six insolvencies recorded by the government…

The total value of construction work approved by councillors has plummeted, new data shows. A report by sector analyst Glenigan found that detailed planning consents averaged £8.9bn per month between August and October. This was 23 per cent lower than the previous three-month period – and a two-fifths fall compared…

Cheshire-based contractor Lyjon Co Limited  has appointed administrators after posting a big pre-tax loss. The firm recorded a £7.9m turnover in its most recent published accounts, for the year to 30 September 2023 – down 3 per cent on the previous accounting period. A pre-tax plunge into the red of…

Graham is to deliver the first £100m slice of Cardiff's eagerly awaited Crossrail project. The contractor, which has offices in England, Scotland and Ireland, secured a deal to carry out detailed design and build on phase 1a of the tramway. The first phase will develop the link between Cardiff Central…

A local authority in Hampshire is looking for a contractor to build and operate a leisure centre, with the deal worth £195m. Basingstoke and Deane Borough Council has given firms until 20 December to throw their hats in the ring. The winning bidder will run the existing Basingstoke Aquadrome while…