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Former Midas chief executive bags new role
The former chief executive of collapsed builder Midas has been named as a business director for contractor and developer Real.
Alan Hope was…
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Revealed: the 19 firms that went into administration in October
Fewer firms filed for administration in October than in each of the previous three months.
The number of construction-related administrations for the month was 19, the lowest…
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Grim prospects for UK construction in 2023, warns Glenigan
The UK construction industry will continue to suffer from the impact of labour shortages and price inflation this year following a difficult…
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Balfour Beatty kicks off renewed share buyback scheme
Balfour Beatty has kicked off the New Year by launching more tranches of its share buyback programme, with an aim to complete £50m of repurchases…
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Smaller energy-support package avoids ‘cliff edge’ but peril remains
10 Jan 2023
By Ben Vogel
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Gleeson to cut 50 jobs as profit tumbles
Housebuilder MJ Gleeson is set to cut around 50 jobs after its pre-tax profit plummeted by a third.
The company plans to reduce its 800-strong…
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Sunderland builder takes over Tolent’s Teesside operations
A Sunderland contractor is taking over Tolent’s Teesside operations, re-employing up to 150 former Tolent staff.
Brims Construction could see its headcount more than double…
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