Contractors – Page 57
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Construction insolvencies outstrip those in hospitality and retail
More than 1,600 building firms have gone bust since pandemic began last March
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Wates expecting profit this year to approach 2019 levels after being hammered by covid last year
Firm says optimism being fuelled by government’s commitment to construction
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Two left in race for Derwent’s Baker Street scheme
Developer hoping to make start on central London job this autumn
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Balfour Beatty rethink sees it join industry peers and pay back furlough cash
Firm returns £19m ahead of paying out shareholder dividends
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US sites staying open help Keller bump up profit
Firm confirms it has paid back furlough money ahead of dividend payment
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Costain results pushed back a week
Impact of lockdown sees auditor ask for more time to verify numbers
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Wates brings in Skanska head to fill strategy role
Inna Lim will champion emerging technologies and MMC
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Losses from Interserve’s energy-from-waste disaster top £300m
Latest accounts also show firm’s UK construction business racked up £100m-plus loss in 2019 after running into problems on London contracts
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Paying back furlough money ‘right thing to do’, says Galliford Try boss as firm resumes dividends
Contractor set to make shareholder payments after returning to profit
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Interserve drops name and rebrands as Tilbury Douglas
Firm goes back to historic marque ditched 20 years ago
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Keltbray lands first major highways job since deciding to target roads market
Deal is for bridge structures on A30 upgrade in Cornwall
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Speculation grows Kier will use April results date to announce housing sale
Firm to publish interim numbers several weeks after traditional mid-March slot
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Bullish Morgan Sindall expecting 2021 to be record year
Chief executive John Morgan says profit will bounce back from covid hit to reach new heights
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Mace to go on recruitment spree as it targets turnover record
Consulting arm to add more than 1,000 staff to its payroll in next five years
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Profit slides at Byrne
Company claimed £866,000 in furlough money, latest accounts reveal
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Profit slumps at Laing O’Rourke’s biggest division
Accounts for contractor’s plc arm show pre-tax profit fell by two-thirds last year
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Struggling NMCN revises 2020 losses upwards a second time
Civils specialist now expects to end up £22m in red
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MHCLG confirms plans to set up West Midlands HQ
Housing secretary says Wolverhampton move will put decision-makers closer to regional voices
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Lendlease brings in construction boss to plug gap at development arm
Peter Leonard swaps divisions as group unveils one third drop in profit at half year results