News

M Group Services sold to Luxembourg fund

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The UK’s ninth-largest contractor has been sold for an undisclosed sum.  M Group Services, which turned over £1.86bn in its 2022/23 financial year, will officially have a new private equity owner in autumn upon completion of the deal between seller PAI Partners and buyer CVC.  The infrastructure contractor has 11,000…

Contractor fined after teenager exposed to asbestos 

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A small North East contractor has been fined after a 16-year-old worker was exposed to asbestos.  The unnamed teenager was working for P Turnbull Joinery & Building Services Ltd when exposed to the potentially cancer-causing material in June 2021, according to the Health and Safety Executive (HSE).  The Wolsingham-based contractor…

Fresh threats to £1.7bn Stonehenge tunnel plans

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Keir Starmer has promised to take a fresh look at the controversial £1.7bn Stonehenge tunnel project as United Nations chiefs called for the ancient site to be placed on the List of World Heritage in Danger due to the proposals. The Labour leader told the BBC that his party would…

Plant-hire body names new chief executive

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Construction Plant-hire Association (CPA) chair Steven Mulholland is to become the trade body's chief executive. He will take the reins of the organisation, which has almost 2,000 members, on 12 August 2024. Mulholland has been a CPA Council member for a decade and also runs family business Mulholland Plant Services.…

Red replaces Henry on Westminster office project

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Red Construction Group has been appointed to replace failed Henry Construction Projects on a Westminster office scheme. The Bedford-registered company was appointed by Tellon Capital to deliver the 40 Broadway scheme under a £50m contract. Henry Construction Projects was initially named as main contractor for the project but fell into…

Court rules on dispute between Bouygues subcontractors 

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The High Court has ordered a tier two contractor to pay £102,000 to a plumbing subcontractor following a dispute about works on a Bouygues-led university project in West Sussex.  Mechanical, electrical and plumbing subcontractor J&B Hopkins was appointed by Bouygues as the subcontractor for the University of Brighton’s Moulsecoomb Campus…

Overseas job boosts J Coffey’s revenue and profit

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J Coffey has reported substantial increases in profit and turnover in its latest full-year accounts. The Middlesex-based contractor saw its revenue rise by 26 per cent to £215.7m in the 12 months to 30 September 2023. Pre-tax profit increased by 40 per cent to £6.4m for the same period. J…

Costain and MWH win £65m of water work

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Costain is set to work with MWH Treatment on £65m of work for Southern Water. The joint venture, known as CMDP, secured the contracts as part of the utility’s asset management plan 7 (AMP7) programme, which runs until the end of 2025. The deals will see the pair upgrade wastewater…

Council project gets third contractor in two years

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A third contractor has been appointed to finish a residential scheme, after the previous two contractors went bust in the space of two years. Wokingham Borough Council announced today (25 June) it has picked local firm Feltham Construction to finish building 55 apartments at its Carnival Place development. Original contractor…

Bam plans 40 job cuts

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Bam is consulting on cutting 40 roles within its UK and Ireland construction division. The jobs at risk are in the firm’s London and Northern teams, the contractor confirmed. A spokesperson said: “Like all businesses we need to be flexible and adapt to current market conditions. Within the construction sector…