Falls in ONS construction output ‘not reflected in industry surveys’
THE Office of National Statistics (ONS) today reported falls in construction output for Q4 of 2014 and Q1 of 2015, suggesting that the construction industry...
Exova acquires BM TRADA
Exova Group plc, the global testing, calibration and advisory services provider, has acquired BM TRADA, the international provider of certification schemes and building products testing services, for a...
BAM Construct UK reports dip in profits
BAM Construct UK has reported turnover for 2014 of £886 million (2013: £839 million), with a profit before tax of £6.6 million (2013: £10.9...
New chief executive for Galliford Try
Galllford Try has confirmed the appointment of Peter Truscott as its new chief executive.
Peter is currently divisional chairman, south at Taylor Wimpey plc and a...
Balfour Beatty to sell Royal Infirmary of Edinburgh stake
Balfour Beatty has announced the sale of its 50% interest in the Royal Infirmary of Edinburgh project for a consideration of £72 million. The...
Scottish construction bankruptcies down by a fifth
LATEST figures from the UK Insolvency Service show the number of Scottish construction companies forced into compulsory liquidation fell from 727 during 2013 to 578...
Residential construction activity in February increased by 20 per cent year on year
RESIDENTIAL activity across the construction sector continued its hold at the top of the industry in February, contributing £1.6 billion worth of contracts by value...
Balfour Beatty reports £59m loss
BALFOUR Beatty has reported a loss of £59 million for 2014 and will not be paying a dividend to shareholders following a troubled year.
Losses...
GAP Group primed for growth with major refinancing
Glasgow-based GAP Group, the UK’s largest independent equipment hire business, has successfully completed an up to £220million refinancing exercise to support the future growth...
Mixed response to budget
THERE was a mixed response from the construction industry to George Osborne’s final budget of this Parliament.
Dr Diana Montgomery, Chief Executive of the Construction...
Buccleuch Property expands team with senior appointments
BUCCLEUCH Property has announced two new strategic appointments to its team. The Edinburgh based property company is being joined by Philip Eves and Lucy Duff...
Breedon Aggregates reveals strong 2014 results
BREEDON Aggregates has announced a 20% rise in revenues to £269.7 million for the year ended 31 December 2014.
Profit before tax was up 94%...
CHAP Group looks to the future with key appointments
CHAP Group has appointed two key members of staff to its busy minor works department.
The Aberdeen based group, which operates divisions in the construction,...
Interserve reports huge revenue rise
INTERSERVE has reported a 33% growth in revenue to £2.9 billion in its annual results for the year ended 31 December 2014.
Total operating profit rose...
£5m Quartermile contract for Balfour Beatty
BALFOUR Beatty Engineering Services has been awarded a £5m contract to install mechanical and electrical services for a new office development, Q9, at Quartermile...
Strong half-year results for Kier Group
KIER Group plc, the parent company of Kier Construction in Scotland, announced strong half-year results for the six months to 31 December 2014.
Revenue was...
Balfour Beatty reaches deal on £85m pension deficit payment
BALFOUR Beatty has agreed heads of terms with the Trustee of the Balfour Beatty Pension Fund to re-profile the £85 million pension deficit payment, agreed...
Year’s biggest office deals for CityPark
TWO major deals involving more than 100,000 sq. ft. of office space to house over 2,000 employees have been secured for landmark CityPark building in...
“Disappointing” year end results for Morgan Sindall
MORGAN Sindall Group plc has announced "disappointing" preliminary results the year ended 31 December 2014.
While trading conditions remained challenging, the construction and regeneration group delivered...
Turnover doubles in twelve months
ROBERTSON Group has seen its Timber Engineering business experience its most successful year in the past five years thanks to a string of new...
