Hopes of lower interest rates fuel construction sector optimism amid housebuilding resurgence March 6, 2024 The overall construction PMI rose to 49.7, up from 48.8 in January, its highest level since August 2023 and only marginally below the neutral 50-mark.
Robust order backlog helps Galliford Try to bumper year March 6, 2024 Galliford Try said pre-tax profits increased in the half year due to an increased demand, and has raised its dividend payout.
Travis Perkins: Profits slashed by £175m as housing downturn cuts revenue March 5, 2024 A downturn in the house building market let to profits at Travis Perkins being slashed by £175m during its latest financial year.
Building materials firm CRH hits record high after announcing new £236m buyback February 29, 2024 CRH switched its primary listing from London to New York in September
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.