Crest Nicholson trebles cladding retrofit provisions
House builder Crest Nicholson has upped its provision to £43m to cover post-Grenfell cladding and fire safety retrofits on its former...
Massive Stewart Milne development goes into administration
A subsidiary of Stewart Milne Group overseeing the planned construction of 3,100 homes near Aberdeen has gone into administration. FRP...
Construction material costs reach 40-year high
According to the BCIS Materials Cost Index, the cost of construction materials has reached a 40 year high, and continues to escalate...
Grant Thornton handed £1.3m fine for Interserve audits
The Financial Reporting Council (FRC) has fined Grant Thornton £1.3m for the statutory audits of the 2015-2017 financial statements of...
Industry to be hit with 16% cement price hike
Cement producers are planning to hike prices by £15 a tonne blaming high energy costs for the biggest single increase in decades. The big...
Construction growth slows as industry hit by rapid cost inflation
Construction growth slowed in September, as a ‘perfect storm’ continues to hamper availability of materials and labour across the UK...
Emergency materials shortage summit
North East construction firms are being urged to attend an emergency summit to address the deepening materials shortage crisis...
Driver shortage forces merchants to collect from suppliers
The grave shortage of lorry drivers is forcing suppliers to tell builders merchants to come and collect their own supplies from works....
Construction industry slowed by lack of delivery truck drivers
The construction sector has reported widespread disruption and delays due to a shortfall of HGV drivers able to transport goods across...
Lack of lorry drivers fuels materials shortage crisis
A shortage of lorry drivers is intensifying the construction materials crisis as sites struggle to get deliveries to fuel booming demand....
