Seventynine Lighting, an ISG subcontractor, has entered administration following the collapse of a major contractor.Administrators cite the failure of ISG as a primary cause, leaving Seventynine…
Outrider, an innovator in self-driving trucks, has successfully raised $62 million. The latest funding round highlights the increasing interest in autonomous yard operations.This substantial investment will…
Recent data reveals challenges for SMEs in the construction industry, with significant shifts in revenue and profitability.Family-owned CN100 contractor Mulalley reports an 11% revenue decline and…
Fusion21 has opened bidding for its £800 million framework, aiming to streamline facilities management across various sectors.The framework, running over four years, is divided into four…
ISG, a notable contractor, faces severe financial turmoil resulting in significant losses.Administrators reveal £190m in supply chain losses across ISG’s collapsing subsidiaries.ISG’s construction, retail, and engineering…
Fenwick, a key player in the North East retail sector, has made significant strides in reducing its financial losses over the past year.Despite the challenging economic…
Speller Metcalfe’s strategic approach to tender negotiations has enabled remarkable fiscal success amidst market challenges.The company reported increased revenue of £132m, up from £112.6m the previous…
Shein’s UK sales have surpassed Boohoo’s, indicating a shift in the fast fashion market.In 2023, Shein reported revenues over £1.5bn, as Boohoo’s sales fell to £1.4bn.Shein’s…
With the fallout from ISG’s collapse still reverberating, Caddick Construction is stepping up to support those affected, showcasing resilience and adaptability amidst industry challenges.The recent collapse…
Freight management firm Zeus collaborates with Apollo Tyres to optimise logistics through Zeus Command AI.The partnership aims to streamline Apollo Tyres’ supply chain, reducing European transport…
