News

Labour supplier announces record revenue

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Hercules Site Services has recorded its highest ever revenue amid a surge in infrastructure investment. The labour-supply company posted a 71 per cent increase in turnover for the year to 30 September, reaching a record £84.7m. This led to a pre-tax profit of £640,000, quadruple the previous financial year’s total…

Vinci-McAlpine team wins £312m Midlands hospital job

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Health chiefs have appointed a joint venture of Vinci and Sir Robert McAlpine to deliver a £312m overhaul of two hospitals near the Welsh border. Shrewsbury and Telford Hospital NHS Trust appointed Integrated Health Projects (IHP) as design and construction partner for its estate-transformation programme. The joint venture will rejig…

Glencar profit jumps after ‘substantial investment’

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Glencar has grown its profit despite a dip in turnover. The Hertfordshire-headquartered contractor posted a pre-tax profit of £3.4m for the 12 months to 30 September 2023, a quadrupling of the amount it earned the previous year, when it made under £800,000. The increase came despite the group’s revenue dropping…

Considerate Constructors Scheme to monitor provision of women’s PPE

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The Considerate Constructors Scheme (CCS) has added women’s personal protective equipment (PPE) to its contractor checklist. Companies that opt in to the CCS code of considerate practice will now have to ensure that PPE is available on site in suitable sizes. Contractors signed up to the voluntary code are assessed…

Construction output drops again amid private housing slump

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Construction output has fallen for a second successive month, according to official figures. The Office for National Statistics found that £15.6bn of work was carried out in the sector in November 2023. This was down 0.2 per cent on October and 0.6 per cent on September, and represented a six-month…

Red Sea conflict could drive up construction material prices

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A drawn-out conflict in the Red Sea could have an impact on the supply and price of materials used on UK construction sites, an expert has warned. Reports were circulating on Monday (15 January) afternoon of a US-owned cargo ship being hit by a missile near the Yemen coast. This…

Government to increase fines for late-running roadworks

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The government has published plans to ramp up fines for late-running roadworks, in a bid to channel more money towards pothole repair. The Department for Transport launched a consultation on proposals that would also see more of the fees paid by firms to close lanes for the installation of utilities…

Crane collapses at west London site

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A crane has collapsed at a former hospital site in west London. The London Fire Brigade was alerted at around 9.15am on Friday (12 January) that a tower crane’s jib had fallen down at the Central Middlesex Hospital development in Park Royal, causing minor damage to a building under construction.…

Crest Nicholson in fresh profit warning as costs soar

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Crest Nicholson has further reduced its profit forecasts after uncovering new project and legal costs. In a trading update published this morning (15 January), the homebuilding giant said it expected to post a pre-tax profit of £41m for the year to 31 October 2023. The forecast is down from the…

Exclusive: Regulator to investigate blocks built with large panel systems

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The safety watchdog will urgently look at large panel system (LPS) buildings as part of its new inspection regime, Construction News has learned. A Building Safety Regulator (BSR) spokesperson said it would prioritise assessments of LPS buildings built between 1957 and 1973 “which cannot confirm remediation work has been carried…