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Innovate UK Launches £32m Artificial Intelligence Fund

ARTIFICIAL INTELLIGENCE (AI) is said to hold enormous possibilities for the construction industry, including enhancing productivity and competitiveness. However, adopting AI technology can be challenging. Bridge AI is a new government-backed programme that aims to help businesses in high potential growth sectors, such as construction, to harness the power of AI. £32m Artificial Intelligence Fund The programme offers

Steel contractor William Hare edges back to break-even

Constructional steelwork contractor William Hare delivered a modest £108,000 pre-tax profit last year after losses of £3.6m in the prior year. Revenue at the Bury headquartered specialist contractor, which employs 676 staff, slipped by a quarter to £165m, as EBITDA margin recovered to 1.4%. Despite the revenue slide, the country’s second biggest steelwork contractor said