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Fit-out firepower drives Morgan Sindall to record half-year

Fit-out firepower drives Morgan Sindall to record half-year

Morgan Sindall has delivered another record-breaking first half on the back of surging profits from its fit-out and construction arms. Across the group revenue rose 7% to £2.4bn in the six month to the end of June with pre-tax profit up 37% to £96m. The strong...
Civils contractor Galldris sold to staff

Civils contractor Galldris sold to staff

North London civil engineering firm Galldris has become the latest contractor to transition to an Employee Ownership Trust (EOT). Donal Gallagher and Sean O’Driscoll who founded the business in 1998 will remain involved in the day to day running of Galldris....
Grid delays now rival planning as chief threat to project delivery

Grid delays now rival planning as chief threat to project delivery

Fierce competition for electricity connections is creating serious headaches for developers, with grid delays now on par with planning as a top risk to project delivery. Turner & Townsend’s latest tender price forecast warns that access to power has become a key...
Civils contractor Galldris sold to staff

Forterra to shut down two divisions

Forterra is  closing down its Formpave block paving and the Bison Bespoke precast businesses. The materials giant said the move will cost £4m and allow it to focus on core operations. Formpave manufactures and sells concrete block paving, with 2024 full year revenue...