Brickability: Shares slump as construction slowdown forces lowering of expectations February 27, 2024 Shares in Brickability Group slumped over nine per cent this morning after the board noted a slowdown in demand for building materials.
Morgan Sindall: Construction giant enjoys ‘record’ year, hopes for lower rates to boost industry February 22, 2024 The company reported £4.1bn in revenue for the full year up to 31 December 23, up from £3.6bn in the previous year.
Hopes of lower interest rates fuels optimism in the construction sector February 6, 2024 The sector has been hit hard by rising interest rates, which have sent a chill through the housing market and depressed new construction projects.
Speedy Hire warns on profits despite ‘resilient’ performance January 30, 2024 Speedy Hire has issued a profit warning despite it performing "resiliently in the face of cost inflation and macroeconomic uncertainty"
UK tech sector is ‘not just OnlyFans’, business minister claims January 25, 2024 A business minister has told MPs the UK’s science and technology sector is “not just Only Fans”.
London’s new Super Sewer may sound swell, but it’s a shoddy waste solution January 11, 2024 Sure, the Super Sewer is an upgrade from the current situation. But the opportunity to redesign London’s sewers in a future-thinking fashion has for the next century been thrown away.
Row over London housebuilding rates ahead of Michael Gove planning speech December 19, 2023 A row has broken out over housebuilding rates in London ahead of a key speech by Michael Gove on planning reform.
Housebuilding downturn continues as higher interest rates constrain demand November 6, 2023 The continued slump in housebuilding contributed to another significant fall in construction activity in October, a closely watched survey suggests.
Tata Steel: Up to 3,000 Port Talbot jobs saved – for now November 1, 2023 Up to 3,000 steelworkers at Tata Steel’s Port Talbot plant have been granted a temporary reprieve after an expected announcement on job cuts has apparently been pulled.
70 per cent drop in cartel whistleblowing to CMA since 2018 should cause ‘concern’ September 17, 2023 The UK’s competition watchdog should be concerned by a 70 per cent drop in whistleblowing on illegal cartels in the last five years, top lawyers have said. A freedom of information (FOI) request from law firm RPC showed the staggering drop in reporting, down from 1,442 calls in 2017 to just 427 in 2022, City [...]