Cosmur Construction has gone into liquidation, marking a significant setback for the construction industry.The company faced dire cashflow challenges when a major client withheld payment, leading…
Industry experts highlight the detrimental impact of lengthy legal battles on the construction sector.Prolonged lawsuits are significantly diminishing the contractual value within the industry.Conflict Avoidance Coalition…
Clegg Holdings encountered significant financial challenges in 2023 due to historical fixed-price contracts that impacted their profitability.The company’s pre-tax profit dropped by 61%, declining from £1.4…
HG Construction has achieved its highest turnover yet, surpassing £400m, but profits have decreased significantly for the second consecutive year.The company’s turnover in 2023 reached £424m,…
The shift towards renewable fuels like hydrotreated vegetable oil (HVO) is rapidly gaining traction among major industries.Adoption of HVO by key industry players marks significant progress…
The UK scaffolding sector has seen a significant recovery, as evident in the latest CN Specialists Index 2022, marking a notable increase in revenue and profit.Scaffolding…
