Supply Chain

Tarmac boosted its UK revenue and underlying profitability last year through measures including price increases, its latest accounts show. The company, which quarries aggregates, manufactures concrete and has contracting subsidiaries, saw revenue rise from £1.81bn to £2bn, according to accounts for the year ending 31 December 2022. Tarmac’s pre-tax profit…

The UK’s Competition and Markets Authority (CMA) and the European Commission (EC) have launched coordinated investigations into suspected anticompetitive practices in the supply of chemicals to the construction industry. The investigations relate to chemical admixtures and additives for concrete, mortar and cement. Two firms have so far confirmed they are…

Ground engineering contractor Fugro GB Marine has reported a pre-tax loss of £8.2m for 2022, despite a 35 per cent spike in turnover. The loss, included in the firm’s accounts for the year to 31 December 2022, represents a drop of more than 300 per cent compared with Fugro GB…

Essex-based scaffolding, formwork and materials provider Peri Limited has posted decreases in turnover and profit for 2022, although the firm was still able to broaden its pre-tax margin. In its annual financial results for the year ending 31 December 2022, the company reported a 7.6 per cent fall in turnover…

Halsion grew its turnover and saw its pre-tax profit more than double in its latest set of financial results, although this was partly due to an extended reporting period covering the 18 months ending 30 September 2022. The mechanical and electrical (M&E) specialist reported a £7.3m pre-tax profit in its…

Price inflation has stabilised across the industry, according to the Construction Leadership Council (CLC) product availability group. However, smaller firms especially should still expect to feel the squeeze for some time, it added. In its latest statement the body said that most material availability has now returned to pre-Covid levels,…

Billington Holdings Plc posted a pre-tax profit of £4.6m for the first half of the year, up from £1.3m for the equivalent period in 2022. The Barnsley-based group of structural steel and safety-solutions companies attributed its performance to the softening of energy price rises and the falling price of steel.…

ISG failed to deliver a £21.6m college in West Sussex before the start of term due to labour-supply issues, a council meeting has heard. The contractor was set to deliver the 100-pupil-capacity Woodlands Meed College building, for students with special educational needs, in time for the start of the new…

Major installer bodies have launched a coalition body that is working on a plan to address the green-skills crisis. The new Engineering and Building Services Skills Authority (EBSSA) will bring together existing members of engineering-services alliance Actuate UK with other bodies, including energy-infrastructure-technologies trade association BEAMA and the Chartered Institute…

Will new regulations be enough to reduce the fire-safety risk posed by cavities in modular built structures? Ian Weinfass reports More than eight months have passed since fire-service bosses published a five-page document outlining a litany of concerns about modular buildings. Their warning came a year after structural safety-reporting body…