After that record 41% fall in April 2020, construction output had been rebounding, growing every month – until now. According to the Office for National Statistics (ONS), December 2020’s output was down 2.9% compared to November, falling to £13,516m and its lowest level since August. December saw falls in both new work (3.8%) and repair…
Accountancy firm EY monitors all the statements put out London Stock Exchange listed companies. The FTSE Construction & Materials sector issued a record 33 profit warnings in 2020. We have previously reported that there were 28 profit warnings in the sector in the first nine months of 2020. The latest EY Profit Warnings Report reveals…
The contract with management consultant Solutino involves revamping 6 Atlantic Quay (6AQ), a multi-storey property built in 2003. The project will deliver more than 69,300 sq ft of premium office space spanning over seven floors. Real estate investment management consultant Solutino advised and managed the acquisition of the building in 2018. The development is designed…
The independent plant and tool hire business, which has more than 47 years’ experience, has signed a franchising and licensing agreement with easyHire, which specialises in digital systems for the rental sector. Martin Plant Hire, which has seven depots across Scotland, has purchased the exclusive brand rights to EasyToolhire Scotland to achieve greater local expansion….
For the year to 31st July 2020, Higgins Group made a pre-tax loss of £3.1m on turnover down 22% at £186m. “A combination of exceptional circumstances and one-off events including Covid-19 during the year contributed to the loss,” said chairman Richard Higgins. The pre-tax loss was slightly better than the previous year’s £4.0m pre-tax loss….
Malthouse Place Keepmoat Homes intends to build an estate of 125 detached and semi-detached houses on the former Imex Business Centre site off Shobnall Road in the town. Keepmoat said that it was targeting first-time buyers and planned to use ‘modern construction methods’, which suggests some form of prefabrication, but did not give details. The…
The site compound near the M6 and Brettargh Holt roundabout Amey Consulting designed and provided carbon consultancy services on the A590 dual carriageway resurfacing and reconstruction between M6 junction 36 and Brettargh Holt roundabout in Cumbria. Amey’s carbon modelling experts worked with Highways England and contractors – Aggregate Industries, AE Yates and HW Martin –…
BBA chief executive Hardy Giesler In an exclusive interview with The Construction Index’s Re:Construction podcast this week, BBA chief executive Hardy Giesler revealed his plans for an Agrément Plus system for high-rise buildings. He said that the inquiry into the 2017 Grenfell Tower fire had exposed weaknesses in the buildings products certification system. “For that…
Phoenix owner-director Christian Watson (left) with one of his new recruits, Pav Bains Derbyshire-based Phoenix Brickwork is gunning for nationwide growth. Having acquired Northampton’s BMH Scaffolding in October 2020 it is looking hit £15m turnover this year. Joining Phoenix Brickwork from Irvine-Whitlock are Pav Bains, Raj Bains, Jim Chandler, Wayne Addison, Neil Weston, and Steve…
The workers are employed by electrical subcontractor NG Bailey on the new MENSA Trident warhead factory at the Atomic Weapons Establishment in Aldermarston, Berkshire. If the workers are required to self-isolate due to coming into contact with someone with Covid-19, they are only entitled to £95 a week statutory sick pay. The workers are also…
