Supply Chain

Homes England recovered more than £9m it lent to the collapsed Stewart Milne Group, after loaning administrators a further £1.6m to help fund their work. Insolvency specialist BDO revealed the move in a report outlining the successful sale of four of the homebuilder’s main development sites in England, for almost…

A steelwork contractor has gone into administration owing £3.8m. Norfolk-based Fourbay Structures appointed administrators from Bailey Price yesterday (28 August). The firm, which was founded in 1993, focused on contracts up to £1.2m and operated across the UK. It employed 19 people from its base in Barford, near Norwich. According…

The winners of this year’s Construction News Specialists Awards were revealed tonight (5 September) in a gala ceremony at the Royal Lancaster Hotel in London. Specialists were recognised across 23 categories at the event, which was attended by more than 650 people and hosted by comedian Andy Parsons. An independent…

Profit at groundworks firm M&J Evans slipped last year amid a slowdown in housebuilding, according to its latest accounts. The Walsall-based firm, ranked 49th in the CN100 2023 table of top contractors, posted a pre-tax profit of £2.2m for the 2023 calendar year from turnover of £334.3m. Both figures represented…

A facade specialist impacted by Brexit and the Covid outbreak is set to appoint an administrator. Enfield-based M Price Group filed a formal notice of intention on 16 August. The firm – founded in 1881 by glass merchant Malcolm Price – specialised in installing aluminium curtain walling, windows and multi-material…

Sam Stacey is the former director of the Transforming Construction Challenge For four years from 2018, I led the transforming construction challenge (TCC) – a UK Research & Innovation-backed initiative that was match funded by industry to encourage the shift towards manufacturing and digital processes. It set out to champion…

The Competition and Markets Authority (CMA) has raised local competition concerns in the Midlands as part of its probe into last year’s merger of two duct and fittings suppliers. In its provisional findings from the second phase of its inquiry into Lindab’s acquisition of HAS-Vent, the CMA found the deal…

Ground engineering firm Van Elle has signalled it will be targeting new work in London and the South East. In its stock market update, released to investors on Thursday last week (22 August), the firm said it will be using the acquisition of Rock & Alluvium in November last year…

Keltbray has sold off its infrastructure services arm in a bid to refocus on the built-environment sector. The firm announced today (19 August) that it sold Keltbray Infrastructure Services Ltd (KISL) to private equity firm EMK Capital for an undisclosed amount. Keltbray said in a statement that the sale would…

Hannah Tsurkan is the founder of construction project management company Agora Project Management   As the UK pushes towards its ambitious 2050 net-zero target, the construction and demolition industry stands at a critical juncture. Despite significant progress being made, our sector contributes 60 per cent of all waste in the UK,…