Wates

Wates wins £50m ‘dangerous buildings’ contract

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Wates has been awarded a £50m contract to carry out emergency works on London buildings that are considered dangerous. Wates will be on call 24 hours a day, 365 days a year to carry out emergency shoring, demolition and remedial works to dangerous buildings and structures for Dartford and Spelthorne…

Wates CEO eyes £35m profit growth

Wates CEO David Allen

Wates is hoping to boost profit by more than £30m this year as it looks to bounce back from the pandemic. Chief executive David Allen told Construction News that, after a tough 2020 when the firm’s pre-tax profit slumped to just £839,000 from £34.5m, it is targeting a return to…

Wates posts small profit after pandemic hit

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Profit at Wates fell by more than £33.6m in 2020, newly released results show this morning. The firm, which was the first contractor to announce job cuts as a result of the pandemic in May, saw its pre-tax profit plunge to £839,000 in 2020, down from £34.5m in 2019. The…

Wates hires Skanksa director to bolster innovation goals

Inna Lim, Wates director

Wates has hired Skanska UK’s former head of strategic markets Inna Lim to help establish its recently formed Wates Integrated Construction Services business. The unit was formed last summer as part of a major restructuring of Wates’ operations. It gathered together SES Engineering Services, Wates Building Services and Prism offsite…

Wates and Rydon among winners on £1.2bn housing framework

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Wates, Vistry and Rydon are among the firms appointed to a new £1.2bn housing construction framework for Network Homes. The four-year framework for the housing association covers London, Bedfordshire, Hertfordshire and the South East. Firms on the three construction-focused lots will be expected to deliver houses, flats and carry out…

Balfour and Wates among firms aiming to recruit more young black men

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Balfour Beatty, Laing O’Rourke and Wates are among contractors to sign up to a scheme that will look to help increase employment opportunities for young black men. The year-long programme led by consultancy The Equal Group, with backing from the Greater London Authority (GLA), will feature workshops, one-to-one sessions, supply…

Colas and Wates introduce rapid COVID tests for workers

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Colas has introduced weekly COVID-19 tests for its workers in a bid to block the spread of the disease among its workforce. The roadbuilder announced that it is immediately rolling out rapid-response lateral flow tests for all its operational staff, using devices that give results in 15-30 minutes. A statement…

House of Commons refurbishment plans halted

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Parliament’s northern estate programme to refurbish nearby Westminster buildings for use by MPs during the restoration of the House of Commons has been shut down. The team behind the wider £4bn restoration and renewal programme of the Houses of Parliament said the work to convert a clutch of neighbouring Grade…

Winners on £10.5bn NHS framework revealed

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Balfour Beatty, Kier and Morgan Sindall are among the winners on a £10.5bn NHS Shared Business Services framework. The major new framework is divided into five lots and covers all types of building and construction work, design, alteration and refurbishment. It is open for use by the NHS and all…

Wates appoints offsite director

Wates offsite manufacturing director Dan Sadler

Wates has promoted Dan Sadler to the newly titled role of offsite manufacturing director. Sadler, the firm’s current operations director for the Midlands, will lead its offsite manufacturing business Prism and examine new ways in which it can support the wider business. Earlier this year, Prism was merged into a…