Supply Chain

Suppliers ready for uptick in housing and infrastructure demands

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Suppliers have said they are confident they can meet any extra demand for materials generated by the government’s ambition to increase housebuilding and infrastructure activity. Industry experts said there would not be an immediate increase in demand on supply chains but added that suppliers were ready to step up activity.…

Specialist lands facade package on £300m London development

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Permasteelisa has landed the facade package on the £300m Salisbury Square development on Fleet Street in the City of London. The buildings, also known as the Justice Quarter, will serve as a new court and City of London Police headquarters. Mace is the main contractor on the job, and Keltbray…

Steel specialist reports small profit drop amid market contraction

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Steel specialist J&D Pierce has reported a small drop in profit following tough market conditions. The Ayrshire-based specialist, which delivered structural steelwork for Liverpool Football Club’s £80m Anfield Road stand revamp (pictured) last year, tabled a pre-tax profit of £13.3m in the year to 31 December 2023, in comparison to…

New version of Common Assessment Standard released by Build UK

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Industry body Build UK has released an updated version of the Common Assessment Standard (CAS), including new questions on firms’ building-safety capabilities. The CAS is an industry-agreed set of questions and corresponding assessment standards that can pre-qualify construction suppliers for projects. The updated version (V4) contains a new Building Safety…

Correction: Cityside Electrical

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Construction News last week published a story that incorrectly reported that mechanical and electrical (M&E) specialist Cityside Electrical posted a loss in its most recent accounts. In fact, the firm made a pre-tax profit of £6.00m during the year – which covers the period to September 2023, compared with £7.57m…

Steel shutdown threat as Port Talbot strikes loom

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Tata Steel has threatened to pause steel-making at its site in Wales as worker walkouts loom. The UK arm of the Indian corporation said it “may not have any choice” but to halt both of its traditional blast furnaces at its Port Talbot plant if strikes go ahead next month.…

Amey enters into long-term deal for ‘eco-products’

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Equipment rental specialist Speedy Hire has signed a long-term agreement with Amey Group Services to provide non-operated plant. The hire and solutions contract is worth up to £25m annually, Cheshire-based Speedy Hire announced yesterday. A company spokesman said the duration of the deal could not be disclosed. The firm said…

Bristol roofing specialist calls in administrators

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A roofing contractor in Bristol has gone into administration. Davis Roofing Ltd was established in 2006 and employed a monthly average of 40 staff, according to its most recent published set of accounts, covering the 12 months to 31 March 2023. The firm had a place on two lots in…

Lorne Stewart reports loss amid ‘difficult’ environment

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Mechanical and electrical (M&E) specialist Lorne Stewart posted a pre-tax loss last year as turnover dropped. The company’s accounts for the 2023 calendar year reveal that the Greenford-based firm posted £118.7m in revenue, down 21 per cent from £149.3m the previous year. Its turnover was similar to its 2021 figure…