Morgan Sindall chief executive John Morgan has said legislation to force faster payment in the construction industry is not required.
Mr Morgan was speaking to analysts yesterday following the company’s half-year results when he was asked how payment practices could change. Liberum analyst Joe Brent asked: “There is a concern in…
Morgan Sindall has posted a 29 per cent rise in pre-tax profit from £23.1m to £29.9m in the first half of 2018.
The contractor reported a solid start to 2018 with all its major divisions recording an increase in operating profit. Morgan Sindall said the outlook for the rest of 2018…
A 26-deal haul during July sent Kier top of the monthly contractor league table for the third time in 2018.
Top 10 contractors, Jul 2018 Click here for the full top 50 Contractor No Total (£m) 1 Kier 26 206.1 2 ISG 4 154.7 3 Graham 5 132.0 4 Lendlease 1 120.0…
Leicester City Council has announced the contractors appointed to its £240m construction framework.
Clegg Construction, Kier, Morgan Sindall and North Midland all secured work in the highest-value band, which covers projects worth £1.8m and over. ContractorLot 1 £30k-£150kLot 2 £125k-£750kLot 3 £700k-£2mLot 4 £1.8m+ C Henry & Sons Winner CBES…
Leo Quinn’s turnaround efforts at Balfour Beatty have seen him rewarded as the best-paid boss among the industry’s publicly listed firms, according to data compiled by Construction News.
CN looked at pay packets within those CN100 contractors listed on the stock market to compile a top 20 table, which does not include…
Bloomberg’s £1bn London headquarters will go up against projects including a Hertfordshire cemetery, student housing and a nursery school for this year’s RIBA Stirling Prize.
The £1bn Bloomberg headquarters, a finalist in the 2018 CN Awards for Sustainable Project of the Year, was designed by Foster + Partners and built by…
Birmingham City Council has begun the search for contractors to deliver a new £2bn framework covering jobs across the West Midlands.
The council, through its procurement body Constructing West Midlands (CWM), has published a prior information notice for the framework, which will comprise new-build, fit-out and refurb work in the area.…
Kier Graham Defence, Morgan Sindall and VolkerStevin have won places on the Ministry of Defence’s £1.3bn 10-year Clyde Commercial Framework.
The three firms will provide advice along with construction and infrastructure services for the Royal Navy’s nuclear base at Clyde in Scotland. The MoD plans to have all 11 of its nuclear…
Kier topped the contractor league for the third time in five months with a monthly haul more than double that of its nearest competitor.
Top 10 contractors, April 2018 Click here for the full top 50 Contractor No Total (£m) 1 Kier 28 547.8 2 McLaren 4 233.9 3…
Morgan Sindall has upgraded its full-year forecast after a strong start to 2018 across the group.
In a trading update ahead of its AGM today, the London-based contractor said it is on track to deliver results “slightly” ahead of previous forecasts. News of its positive outlook sent the firm’s share price soaring…
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