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Building

  • Ibstock profit slashed as ‘exceptionally wet weather’ hits construction industry

    August 7, 2024

    Sales and profit at building supplies company Ibstock has continued to fall as “exceptionally wet weather” badly affected the construction industry. The London-listed firm, which is headquartered in Leicestershire, saw its revenue drop 20 per cent to £178m in the first six months of 2024, down from £223m last year. Ibstock said this decrease was [...]

  • Sig profit plummets as cracks show in European flooring market

    August 6, 2024

    Sig said its performance reflected "challenging conditions" in the UK Interiors market, where it designs anything from ceilings to raised access flooring.

  • Number of new homes built plunges by a quarter as housing crisis grows

    July 23, 2024

    The number of new homes registered to be built in the UK fell by 23 per cent year on year in the second quarter of 2023, according to figures from the NHBC.

  • King’s Speech: Planning Bill unveiled to lift ‘brake’ on economic growth

    July 17, 2024

    A new Planning Bill unveiled in the King’s Speech is intended to lift the “major brake” on the UK’s economic growth, by unlocking national housing and infrastructure projects.

  • Keir Starmer to take the ‘brakes off Britain’ with growth-focused King’s Speech

    July 17, 2024

    Sir Keir Starmer has pledged to take the “brakes off Britain” with a growth-focused King’s Speech.

  • OBR, workers rights and planning: What to watch out for in the King’s Speech?

    July 16, 2024

    Labour will set out their programme for government on Wednesday, when King Charles will deliver the King’s Speech as part of the state opening of Parliament. 

  • Election 2024: Home straight for Sunak and Starmer as polling day approaches 

    July 1, 2024

    Rishi Sunak and Sir Keir Starmer are set to enter the home straight this week as the general election campaign enters its final few days.

  • Election 2024: Starmer and Reeves plan green belt house building blitz

    June 30, 2024

    Sir Keir Starmer and Rachel Reeves are planning a housebuilding blitz, including asking councils to review green belt land, in their first days in office.

  • Accsys’s fall in revenue leaves it struggling to see wood for the trees

    June 26, 2024

    Sustainable timer maker Accsys blamed "recessionary forces" as being behind a fall in revenue and profit in its preliminary full year results.

  • SIG issues profit warning owing to weaker than expected demand

    June 24, 2024

    SIG warned investors on Monday that profit for the 2024 financial year will come in below expectations as market conditions have not improved in line with expectations.

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