Chancellor Jeremy Hunt today bundled up a set of small spending pledges to sugarcoat reductions in previous future spending commitments to fund tax cuts. In his Budget statement, he said: “Because we have turned the corner on inflation we will soon turn the corner on growth.” There were no big surprises after the leaked 2p
WEATHER GUARD is introducing two new products that can turn any truck into a professional, multi-functioning work truck for contractors.
Plans have been submitted to transform a derelict hospital in Birmingham into a 42-storey skyscraper with 300 flats. Planning consultancy Marrons, acting on behalf of HJB Investments, submitted the plan to redevelop the Grade II-listed former Royal Orthopaedic Hospital in 80 Broad Street. The historic building last used as a nightclub and known as Islington
Join NRCA’s LEGALCon Virtual 2024 on March 26-27 for sessions on contract provisions, technical issues, employee retention, and safety.
Beacon recognizes three top suppliers for outstanding service commitment in 2023, highlighting strong partnerships for contractor growth.
BREEDON GROUP plc, UK parent company of Welsh Slate, has announced its full year results were ahead of upgraded expectations for the year ended 31 December 2023. The company achieved a record revenue increase of 7%, although this was offset by 2% volume reduction “reflecting challenging macroeconomic conditions”. Breedon says its record underlying earnings before interest
FEBRUARY data pointed to improved demand conditions across the UK construction sector. Although only marginal, the rate of new business growth was the fastest since May 2023. A turnaround in construction order books contributed to a near-stabilisation of overall output levels in the latest survey period. Business optimism improved for the third time in the
BUILDERS’ merchants’ value sales in Q4 2023 were -5.7% down compared to Q4 2022, with volume sales falling -12.0% and prices rising +7.1%. With one more trading day in Q4 2023, the latest Builders’ Merchant Building Index (BMBI) report shows like-for-like sales (which take the number of trading days into account) -7.3% down. Year-on-year, half
Galliford Try has reported strong growth in revenue and profit in the first half after it reaped the rewards of strong risk management across the business. Growth at both infrastructure and building divisions lifted revenue 21% to £819m. This improvement generated a 33% uplift in pre-tax profit to £15.6m, before costs associated with upgrades to
Developer Mitsubishi Estate has submitted plans for a deep retrofit of the former 1 Victoria Street Government building near Westminster Abbey in central London. Designed by architect AHMM, the office-led development will include partial demolition, construction and retrofit, while new build elements will extend floor space by nearly a third to 700,000 sq ft. The
