Construction industry

News and opinion about the construction industry.

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Hundreds of workers at EDF’s Hinkley Point C nuclear plant are being furloughed, the Telegraph reported, after the firm decided to cut the number of workers on site by more than half.

Hundreds of workers at EDF’s Hinkley Point C nuclear plant are being furloughed after the firm decided to cut the

March 29, 2020
Home Ownership Falls To Its Lowest Level In 30 Years

Housing developer Watkin Jones this morning said profit from its build-to-rent developments more than doubled. The 229-year-old company, which also

January 14, 2020
SIG issued two profit warnings in 2019

Building materials supplier SIG warned of a sharp fall in 2019 profit this morning, amid weak European construction markets and

January 9, 2020
Galliford Try said it was looking forward to a stronger second half

Galliford Try shares soared this morning as the construction group touted a number of contract wins after the £1.1bn sale

January 9, 2020
Kier is battling to avoid Carillion's fate as a fellow failed outsourcer

Kier has appointed a new chairman after a turbulent year to date that has seen the struggling outsourcer’s market cap

December 16, 2019
This is Costain's second profit warning of the year

Costain shares plummeted 16 per cent today after it warned profit will be about £20m lower than expected after an

December 12, 2019
Balfour Beatty is Britain's largest construction group

Balfour Beatty was bullish in its predictions for year-end results this morning, as it expects its order book to be

December 12, 2019
Britain's construction industry was hit hard by the collapse of Carillion

The number of construction disputes in the High Court has increased in the last year, as contractors struggle with tougher

December 5, 2019

The number of new construction projects for office blocks in London has fallen by almost half in the last six

November 18, 2019
Kier

Kier’s chief operating officer has left the business with immediate effect as the struggling outsourcer rang the changes at the

November 15, 2019

Britain’s construction sector dodged a recession and swung back to growth in the third quarter, despite a slight dip last

November 11, 2019
Kier share price slumps after construction firm sees lenders 'try to sell debts'

Kier’s share price slumped seven per cent today following a report alleging lenders are trying to pass on its debt

November 4, 2019

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