Pre-tax profits at Morgan Sindall have shot up by 286% on the first half of Covid-hit 2020 but also 46% up on H1 2019’s figure, the group revealed today. The property business reported pre-tax profit of £53.1 million, with turnover up to £1,559m from £1,363m last time an
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Taylor Wimpey said today it expects to deliver an operating profit of £820 million after the housebuilder posted a record first half performance and strong operating profit margin. Group completions of 7,303 homes (H1 2020: 2,771) excluding joint ventures, completed a record first half perform
John Rodger, partner and property specialist at accountants Chiene + Tait, discusses the potential consequences of the new Residential Property Developer Tax (RPDT). As the inquiry into the 2017 Grenfell fire continues, so too do financial repercussions from the tragedy which left 72 people dead.
Independent builders merchant MKM Building Supplies is further expanding its presence in Scotland with the purchase of Spey Valley Timber & Builders Merchants.
A turf cutting ceremony was held at Inverness Campus this week as Robertson Construction Northern started work on a new £9 million life sciences innovation centre. Designed by Austin-Smith: Lord, the 2500m² building will provide facilities for businesses to work collaboratively with acade
A UK renewable energy company has unveiled major expansion plans into Scotland, which will see it open an office in Glasgow and create up to 20 highly skilled jobs over the next 12 months.
Jamie Mulligan shares his journey into construction and discusses how the trainee development programme at AS Homes was crucial to helping him realise his career ambitions. He also sheds light on the major skills shortage facing the construction sector and the importance of encouraging young people
Owners of homes, farms and businesses are being urged to act promptly in seeking compensation for disruption arising from work on one of the biggest infrastructure schemes in Scottish history.
Ever-expanding integrated environmental, engineering and technical services business, RSK Group Ltd has announced the acquisition of chartered surveyors CS2. CS2 is one of the UK’s most reputable construction consultancies, offering a fully integrated service covering building surveying,
After a 40-year career in housing, David Zwirlein, Hillcrest director of development has announced his plans to retire. Mr Zwirlein is retiring at a time where Hillcrest is undertaking its most ambitious development programme to date, of which he has been instrumental.
East Ayrshire Council has approved plans for a dozen new council houses in Drongan. Initially proposed as a 14-home development during last year's consultation, the Mill of Shield Road development will consist of seven three-bedroom, with one larger four-bedroom property and four two-bedro
Funding distribution from the Scottish Procurement Alliance (SPA), an innovative community fund that has supported dozens of projects in Scotland, has hit a landmark total of £1 million. The fund was conceived by the SPA, which was created both by and for organisations that buy products a
Work is now underway on a £1.1 million project to protect Orbiston Viaduct in North Lanarkshire.
There are, of course, many different trades involved within the construction industry, from surveyors to bricklayers to roofers. But what about those who give the important finishing touches to a new development – the construction painter, or painter and decorator. This got us thinking. How lo
Provisional liquidators have been appointed to Largs-based electrical contracting specialist Elecore Electrical Limited. Founded in 2017, the family-owned business provided a wide range of electrical design, contracting, data, fibre and project management services for large construction p