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Ibstock Sales Down in Half Year Results

IN ITS half year trading update, Ibstock’s revenue fell by 20% to £178 million (from £223 million in 2023), resulting from lower sales volumes across the core business. The manufacturer of clay and concrete building products says sales volumes in the six months ended 30 June 2024 reflected lower market demand and the company’s “disciplined

Canadian investor takes stake in G&T

A Canadian investor has taken a significant stake in £292m turnover cost consultant Gardiner & Theobald. G&T said the deal with Hennick & Company would preserve its independence creating a platform for growth and expansion throughout the UK, US and Ireland. The size of the stake has not been disclosed but sees G&T continue as

B+K wins 330-bed Bristol student halls job

Bowmer + Kirkland is expected to start construction this autumn on a 330-bed student accommodation project after the scheme received the thumbs up from planners. Canada Life Asset Management is working in partnership with the University of the West of England, Bristol to develop the building on the former B&Q garden centre site at Filton

Modular specialist TopHat faces winding up petition

Volumetric housing specialist TopHat is facing a winding up petition from stock market listed developer Harworth. Harworth Estates Residential Development has issued petitions against both Derby-based TopHat Communities and Jersey-based parent company TopHat Enterprises. TopHat Communities, a subsidiary of TopHat Enterprises, is responsible for the deployment of modules on customer sites, where groundworks are required.

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