Latest Business News

Offsite Construction remains a major topic within the industry, thanks to the UK government’s presumption in favour of offsite.

Struggling structural steel firm Cleveland Bridge claimed up to £250,000 in furlough payments in the months leading up to its collapse, government records show.

Transport for London (TfL) has warned of potential cost increases and project delays if “supply chain disruption” is not carefully managed.

The government has fired the starting gun on a mammoth £30bn construction works and associated services framework.

Morgan Sindall has announced strong trading for the first half of 2021 with profits expected to top £50M for the six months to 30 June.

Cleveland Bridge, known as one of the engineering giants of the North East, is understood to have called in administrators and to be on the verge of collapse, with 230 jobs at risk.

More than 100 construction workers on Transport for London (TfL) projects are currently self isolating after either testing positive for Covid-19 or being pinged by the NHS test and trace app.

The Railway Industry Association (RIA) has called on the government to reverse its decision to end a grant scheme set up to support SMEs exporting abroad.

HS2 Ltd senior management took a voluntary pay cut and forfeited their lofty bonusses for the past financial year due to the declining market conditions.

The £4.1bn Tideway project has been hit by staff isolations as concerns grow over the impacts of the so-called "ping-demic" on civils schemes.