M&A

Construction’s highest earners saw their total reward packages shrink as the industry battled the fallout from COVID-19. Greg Pitcher examines how the pandemic has changed executive pay and whether it will bounce back

On Monday afternoon, NMCN announced it was calling in the administrators after its £24m refinancing plan fell apart. It marked the end of a downward spiral that has played out over the past few years. The company, formerly known as North Midland Construction, ceased trading after 75 years in business.…

Construction has been among the largest beneficiaries of the furlough scheme, but questions have been raised about companies – in good financial shape – that have paid out large dividends at the same time. Joshua Stein reports

The Japanese have a concept called wabi-sabi, which (as I understand it) refers to the beauty of imperfection. The notion is similar to the appreciation of patina in antiques or classic cars – the idea that wear and tear might add value rather than subtract it. But the Japanese version…

The CN100 list of the UK’s 100 biggest contractors reveals the damage inflicted by the COVID-19 pandemic, but finds that some have come through in renewed positions of strength, ready to capitalise. David Price analyses the data

Sarah Beale is chief executive of CITB, a role she plans to relinquish in September Who benefits from the Construction Levy? That’s a big question. There is, of course, a clear focus on those who pay it, but if the levy were collected with the aim of simply giving it…

After 15 months, we finally got the details on Interserve’s seismic 2019 this morning with the publication of the group’s accounts. It was a year that saw the beleaguered firm collapse and then resurrected by its lenders in a pre-pack administration. Since then, the group has changed dramatically, with the…

Have measures to improve payment practices changed? Construction News partnered with Oracle Construction and Engineering to survey readers on the current state of getting paid

A number of construction insolvencies were staved off by government support schemes last year; but with the financial aid set to run out in the coming weeks and months, industry experts are predicting tougher times ahead

UK councils bet big on commercial projects before the pandemic hit. As the virus continues to wreak havoc on the retail and office sectors, Zak Garner-Purkis asks what the impact on these big regeneration projects will be?