Lorne Stewart’s offsite-construction subsidiary is being wound up due to “prolonged losses and difficult market conditions”. MDSL, which supplied corridor modules, plant skids and prefabricated pipework from a 45,000sq ft factory, has ceased trading and is “no longer a going concern”, Lorne Stewart’s board concluded. The firm’s latest accounts said:…
Construction News has revamped its search engine with a range of improvements including AI summaries of queries at the top of the results page. Following the overhaul of search, CN readers can now find the information they are after with ease. Taking a leaf out of the book of search…
An online tool has been launched to help protect small firms from the risk of late payment, by exposing “bad agents” in the construction sector. Founded two years ago, Good for the Money (GFTM) was designed to help subcontractors identify late payers in real time, according to founder Jeremy Price.…
AI-based technology to cut carbon emissions from cement production has made it through to the second round of the government’s Manchester Prize. The Manchester Prize is a challenge from the Department for Science, Innovation and Technology (DSIT) that rewards UK-led breakthroughs in AI. The winner will scoop a £1m grand…
Tide Construction has seen its pre-tax profit plunge by almost a third, according to its latest accounts. It is the second year running the London-based company, which specialises in building high-density residential schemes using modular methods, has reported a drop. In its accounts for the year ending 31 August 2024,…
Low-carbon bricks made from construction waste have been approved for use by the British Board of Agrément (BBA), a UK construction products certification body. Scottish firm Kenoteq developed the K-Briq using gravel, mortar and plasterboard and it is made up from nearly 100 per cent recycled construction and demolition waste.…
The British Standards Institute (BSI) has recommended residential projects using modular construction designate an MMC adviser, in new guidance hailed as a “major step towards wider adoption” of volumetric housebuilding. Published on Tuesday (29 April), PAS 8700:2025, which was developed in collaboration with industry, aims to encourage the use of…
Administrators for a collapsed modular contractor have said there are “insufficient funds” to distribute to supply chain creditors, while the firm’s secured creditor has only received a fifth what it was owed. Sheffield-based IDMH, trading as Lighthouse, went into administration in April last year with the loss of 113 jobs…
Don't miss your chance to have your innovation recognised at this year's TechFest Awards. Powered by Construction News and sister title New Civil Engineer, the TechFest Awards 2025 spotlight the most groundbreaking projects, teams, and innovations driving digital transformation in the built environment. They exist to recognise and reward those…
Turnover and profit each fell last year at offsite manufacturer Merit Group Services, although the firm hopes to see long-term growth from its investments in research and development (R&D) and automation. The Northumberland firm posted turnover of £79.8m for the 12 months ending 30 June 2024. This was down 10…
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