Kier Group boss ‘confident’ of more dividends as order book nears £11bn September 12, 2024 Kier Group shares have performed exceptionally over the last year, rising over 40 per cent amid strong orders.
Labour’s housebuilding plans ‘too reliant’ on private sector September 12, 2024 An influential think tank has argued that the government is unlikely to meet its ambitious housebuilding targets because it is "too reliant" on the private sector.
Barratt Developments to partner with Lloyds and Homes England on housing project September 9, 2024 Barratt Developments has announced a joint venture with Homes England and Lloyds Bank to build thousands of new homes across the country. The partnership will bring together Barratt, one of the UK’s leading housebuilders, Homes England, the government body responsible for housebuilding and regeneration in England, and Lloyds Banking Group, one of the largest funders [...]
Construction sector ‘turns a corner’ as housebuilding jumps September 5, 2024 Tim Moore, economics director at S&P Global Market Intelligence, said the recovery in housebuilding was the "most notable development" in August.
How brickies built the UK’s fastest growing radio broadcaster September 5, 2024 Video may have killed the radio star, but builders are bringing it back. Fix Radio CEO Louis Timpany tells City A.M. how he built the UK’s fastest growing national broadcaster.
Overlooking the role of migrant workers will be the death of our housebuilding ambitions August 17, 2024 Labour’s pledge to get Britain building again is encouraging, but we can’t reach their targets without construction workers – and, crucially, immigration, writes Haman Manak Out of all the sectors addressed in Labour’s early days of government, housebuilding has been one of the big winners. Starmer and co have promised to build 1.5m homes over [...]
There’s a hidden carbon cost to the government’s housing targets August 15, 2024 But an innovative use of cement could help reduce the construction sector’s emissions, writes Dalraj Nijjar
Genuit: Construction supplier’s profit nearly halves as ‘subdued’ market conditions persist August 13, 2024 Sustainable construction supplier Genuit has posted a near halving of its profit for the first half of 2024 and said it expected "subdued" market conditions to persist for the rest of the year.
Morgan Sindall: FTSE 250 construction group continues run of growth August 8, 2024 Construction and regeneration group Morgan Sindall has reported yet another half of double-digit revenue and profit growth. The FTSE 250 constituent, which is headquartered in London and helped expand Whitechapel station for Crossrail in 2021, hailed a “record” performance in the six months to 30 June. Revenue jumped 14 per cent from £1.9bn to £2.2bn. [...]
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 [...]