Menzies warns of cash flow crisis
Accountants Menzies have surveyed the building sector, with Censuswide, and found 93% facing late payments, with invoices now 53 days overdue on average.
Accountants Menzies have surveyed the building sector, with Censuswide, and found 93% facing late payments, with invoices now 53 days overdue on average.
JJ Sugrue has brought two new Hyundai compact excavators from recently appointed dealer Tobin Plant.
SNIPEF, the Scottish and Northern Ireland Plumbing Employers Federation, has appointed its 102nd president, Steve Craig.
Property maintenance and specialist coatings business Hankinson Whittle has acquired Fire Protection Compliance Ltd (FPC).
Construction material distributor BRCK Group PLC has agreed to acquire fencing manufacturer H. S. Jackson & Son, paying £15m for the business and £4.9m for land and property.
Turner & Townsend has published its annual review for 2025, showing global gross revenue of £5.76bn, with the business building its global staffing to 22,000 personnel.
DB Cargo UK has invested £8.5m, using a credit line from Siemens Financial Services, to buy seven new LH 40 material handlers from Liebherr, supporting the low carbon delivery of aggregates by rail.
Topics: Infrastructure
Entities: Infrastructure
The Construction Industry Training Board has launched a new Accelerated Apprenticeships programme to help deliver the government’s homebuilding goal of 1.5m new homes by 2029.
Topics: Housing
Entities: Housing
Alliance Tool Hire has invested £900,000 in more than twenty new delivery vehicles.
Dave Castle, chief operating officer of MKM Building Supplies, has been appointed as a board adviser to the Builders Merchants Federation.
Hemel Hempstead's Base Concrete has bought a second JCB TM420 from Greenshields JCB for loading operations.
Civils and construction firm Knights Brown has reported turnover up in 2025 to £136m, from £116m, with a gross margin of £15m. EBITA reached £5.4m, or 4%. Alongside coastal, port and energy work, the company has been positioning itself for AMP8 projects.