Alex Vaughan’s journey at Costain spans 34 years, from starting as a trainee to becoming CEO.Vaughan highlights Costain’s focus on essential sectors, ensuring economic growth and…
Cardiff Council intervenes to secure £108m Fairwater Community Campus after ISG collapse, allocating over £7m to protect supply chain.The council appoints Borley Engineering Services as an…
Corbyn Construction, a prominent London-based groundworks specialist, is poised to appoint an administrator following financial struggles.Despite a pre-tax profit of £435,000 in the year ending June…
The construction industry faces growing pressure as developers are urged to share employment cost increases.New budget measures are driving up the National Insurance contributions and National…
The construction industry faces significant challenges related to modern slavery, exacerbated by labour shortages and migrant dependence.Reports show a 269% increase in modern slavery cases associated…
Persimmon, a leading house-builder, foresees a resurgence of build cost inflation impacting the construction sector.During 2022 and 2023, build cost inflation led to challenges with fixed-price…
Architectural Glass and Aluminium Ltd faced financial turmoil, entering administration with significant debts.The company owed a Coronavirus Bounce Back loan, nullifying its cash reserves.Formerly employing 43…
The proposed inheritance tax reforms have sparked concern among leading construction family businesses.Chancellor Rachel Reeves plans to cap inheritance tax relief at £1m starting April 2026,…
Davies Crane Hire has significantly bolstered its lifting capabilities by adding a colossal 700-tonne crane to its fleet.The newly acquired Liebherr LTM 1650-8.1 crane boasts advanced…
The recent Autumn Budget has introduced significant initiatives aiming to boost construction through increased funding and regulatory changes.An extra £5bn has been earmarked to improve housing…
