Turnover at Graham hit £853m in its last financial year, new accounts have revealed. The figure, for the year to 3 March 2020, increased more than £100m on the £735m it reported in its previous financial year. Pre-tax profit was also up at £11.3m for the Northern...
Mitie has cut the price of its agreed takeover of Interserve’s facilities management division by £80m. In June, the facilities management giant agreed to acquire Interserve FM for £271m but, in a trading update today, Mitie announced it had amended the terms so that...
London transport commissioner Andy Byford has insisted Crossrail 2 and the Bakerloo line extension are still needed for the capital and should not be scrapped. All planning work for Crossrail 2, a north-south rail link, has been suspended as part of the Transport for...
2020 saw a rise in people spending more time on DIY than on holidays amidst the Coronavirus pandemic. Google searches for home improvement increased by over a third in comparison to searches for last-minute deals which declined by almost half. Throughout the pandemic,...
The Whittington Hospital trust stopped paying the PFI company responsible for its acute care building during a dispute about remediation work needed on the facility, it has emerged. Whittington Facilities, which was set up in 2003 to deliver and maintain a new acute...
Construction output increased in September, leading to the Federation of Master Builders saying this could result in increased employment opportunities.The IHS Markit/CIPS UK Construction Total Activity Index registered 56.8 in September, up from 54.6 in August. Any...
The corporation in charge of the Olympic park site in London is seeking a development partner to help deliver 1,200 new homes in the area. The London Legacy Development Corporation (LLDC) has valued the development of two new neighbourhoods at £600m. The sites are in...
02 Oct 2020 By Lem Bingley The Mineral Products Association (MPA) has called for the chancellor to delay tax changes to red diesel when he sets out his comprehensive spending review later this year. In a formal submission to the Treasury ahead of chancellor Rishi...
Over time, your home can develop certain problems such as draughts, leaks or damp. These problems will require maintenance as soon as possible because the longer they are left the worse the problem can get. In this article, are going to discuss some of the home...
Proptech start-up ‘Skrap’, which aims to deliver skip and construction hire related services on-demand by ordering via a mobile app, has raised £1.2m in seed funding to accelerate growth across major cities.The fundraise was led by Vanneck Investments, with...
