Supply Chain | Construction News

Suppliers ready for uptick in housing and infrastructure demands

Chris Smith — Thu, 18 Jul 2024 11:38:19 +0000

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…

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Specialist lands facade package on £300m London development

Ian Weinfass — Wed, 17 Jul 2024 10:51:33 +0000

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…

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Steel specialist reports small profit drop amid market contraction

Joshua Stein — Wed, 17 Jul 2024 08:00:50 +0000

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…

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New version of Common Assessment Standard released by Build UK

Toni Sekinah — Tue, 16 Jul 2024 11:45:13 +0000

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)…

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Correction: Cityside Electrical

Colin Marrs — Mon, 08 Jul 2024 09:17:21 +0000

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…

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Blacklisting and unions: Labour’s plans for the construction workforce

Joshua Stein — Fri, 05 Jul 2024 11:45:48 +0000

For the first time in 14 years a Labour Party prime minister will preside in 10 Downing Street. Keir Starmer forming a new government today (5 July) after winning a majority of 172 seats. The party is expected to boost worker rights and union powers…

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Steel shutdown threat as Port Talbot strikes loom

Greg Pitcher — Fri, 28 Jun 2024 10:43:56 +0000

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…

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

Ben Vogel — Fri, 21 Jun 2024 11:29:58 +0000

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…

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Bristol roofing specialist calls in administrators

Ben Vogel — Fri, 21 Jun 2024 07:44:19 +0000

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…

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Lorne Stewart reports loss amid ‘difficult’ environment

Ben Vogel — Thu, 20 Jun 2024 10:38:29 +0000

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…

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