Finance News
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Laing O’Rourke edges back into black as new boss says margins have to improve
Cathal O’Rourke says contracting’s cherished 5% figure can be achieved and warns current industry average ‘is not sustainable’
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Laing O’Rourke racks up worst loss in firm’s history as business nosedives £288m into red
Problem jobs in London and Australia behind record-breaking deficitÂ
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Fit-out work leading the way as Morgan Sindall remains on track for record year
Construction and infrastructure divisions have both outperformed expectations, firm adds
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Bam’s UK income holds up despite 10% fall in overall revenue
Dutch engineering giant posts fall in revenue and profit for half-year
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Revenue at Bouygues’ construction arm tops £10bn in first half
Group-wide revenue at French giant hits £22bn
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JRL Group profit halves despite turnover growth
John Reddington admits ‘difficult year’ as 2022 profit hits lowest level since 2015
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Forterra announces jobs cuts as recovery chokes
Brickmaker to cut jobs amid ‘significant uncertainty’ in demand as interest rates rise
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Galliford Try profit ‘at upper end’ as contract delays ease
Boss Bill Hocking says contractor benefiting from increase in award of major framework jobs
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Profit at Bouygues’ construction arm returns to pre-pandemic number
Group-wide revenue at French giant also rose above 2019 figureÂ
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Springfield half year profit falls as costs rise
Scottish housebuilder says it has made £3m of savings in wake of market conditions
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Construction output rises for fourth successive month
Workloads jump despite wider economy shrinking
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Brickability boosts profit 72% as demand from ‘undersupplied’ housing market soars
Fast-growing firm says it is on course to meet market expectations after purchase of rival Taylor Maxwell
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‘Era of low interest is over’ as Bank hikes rates by biggest amount in decades
Governor says UK economy will be in recession all of next year and first half of 2024Â
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Construction returns to growth despite gloomy expectations
Business confidence at its lowest level in two years
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Construction pay rises faster than most sectors but still falls in real terms
Industry vacancies drop to lowest level for several months but remain historically high
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Activity falls for first time in 18 months
Civil engineering and housing activity both fell in July
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Breedon boosts profit 29% after passing on cost increases
Materials producer expects earnings to be at the ‘top-end’ of market expectations
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Barratt profit to exceed expectations
Housebuilder says completions return to pre-pandemic levels but build inflation now running at 9-10%