Browsing: Construction sector News
The UK economy showed limited expansion in the third quarter of 2024, largely due to budgetary uncertainties.Nominal GDP rose by 0.8% in this quarter, primarily driven…
MI5 gathered information on a well-known bricklayer and trade unionist from undercover police reports.Brian Higgins was targeted during a 1986 meeting by the protest group Red…
The Construction Industry Council (CIC) experienced a significant cyber attack last month.The breach was discovered two weeks after it occurred, impacting CIC’s operations for six days.Limited…
A Kent-based steel fabricator, Nusteel Structures Ltd, has transitioned to an employee ownership trust (EOT).The move was publicly announced via a LinkedIn post, marking a significant…
The construction industry has seen a significant increase in merger and acquisition activities just ahead of the recent Budget.This activity is driven by concerns over potential…
A significant shift has occurred in the Midlands construction sector as MCS Group sells a majority stake worth £22 million to a London-based investor.RD Capital Partners…
The deadline to replace Industry Accreditation (IA) cards looms large with 15,000 workers yet to make the switch.IA cards, granted through employer recommendations, are to be…
Construction leaders urge swift government action ahead of upcoming budget.Rachel Reeves faces pressure for infrastructure investment plans.Industry calls for green projects to boost economic growth.Trade bodies…
The Autumn Statement 2024 brings uncertainty to the construction sector amidst rising tax burdens.The UK’s tax burden has steadily increased over 20 years, with forecasts suggesting…
A 74-year-old mechanical and electrical specialist is in administration after years of financial struggles, impacting the construction sector.HBS Southern, once thriving, faced significant challenges with declining…
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