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Crest Nicholson returns to profit

Crest Nicholson returns to profit

Crest Nicholson is back in the black after big losses last year driven by provisions for fire safety remediation work. The house builder is also reaping the benefits of a transformation strategy targeting the mid-premium market led by new CEO Martyn Clark. Results for...
Construction growth of 0.9% bucks wider shrinking economy

Construction growth of 0.9% bucks wider shrinking economy

Construction output rose 0.9% in April, marking the third month of growth in a row and defying a 0.3% drop in overall UK GDP. The latest ONS figures show new work drove the gains, jumping 1.4%, while repair and maintenance edged up by 0.3%. Infrastructure and private...
JN Bentley profit surges as revenue tops £500m

JN Bentley profit surges as revenue tops £500m

Civil engineering and MEICA contractor JN Bentley broke through the £500m turnover mark for the first time last year, with pre-tax profits climbing 39% to £19m on the back of a strong end to the AMP7 regulatory cycle. The Skipton-based firm, part of the Mott MacDonald...
Willmott Dixon bags £49m East London business school job

Willmott Dixon bags £49m East London business school job

Willmott Dixon has been picked to deliver a £49m rebuild of Queen Mary University of London’s School of Business and Management in Tower Hamlets. The project will see a 6,700m² seven-storey building rise on the current Mile End site, replacing outdated facilities. Due...
Strike ballot for 1,500 Sellafield construction workers

Strike ballot for 1,500 Sellafield construction workers

Around 1,500 construction workers from 36 contractors at Sellafield are set to hold a ballot over potential strike action. The long-running dispute at the nuclear clean-up site is over requests for ‘Sellafield Specific Allowances’ bonus payments. Workers...