Latest UK Construction News, Contracts and Data
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Stay informed with latest updates - Construction News
Stay informed with the latest news, updates and market analysis on the UK construction sector. Get contract wins, market data, and building insights.
Tolent collapses into administration - Construction News
Feb 13, 2023 · Tolent has entered into administration with 313 staff being made redundant. The Gateshead-based contractor is one of the largest in the North East, with a revenue of £200m, and is the 67th ...
ISG News, Contracts and Projects | Construction News
ISG is set to build a £300m Buckinghamshire prison approved by housing…. ISG has been appointed to a major life sciences retrofit job in…. ISG has denied “unsubstantiated, wholly inaccurate ...
Buildings - Construction News
Get the latest news, insightful analysis, and expert opinions on buildings work by UK construction contractors. Stay informed and up-to-date with contract wins and industry developments.
What are liquidated and ascertained damages? - Construction News
Dec 21, 2023 · Harry King is a junior associate at law firm Quigg Golden. Liquidated damages, also known as liquidated and ascertained damages (LADs), are a contractual agreement on damages that are designed to ...
ISG chief steps down as ‘fundamental reset’ beckons
Feb 9, 2024 · ISG chief executive Matt Blowers has left the company after only two years in the role, with chief financial officer Karen Booth also set to step down in March. Blowers spent 26 years at ISG ...
Kier News, Projects and Contracts | Construction News
Kier picked for restructured £2.7bn Birmingham roads contract. Kier has been named as the preferred bidder for a restructured 11-year…. Kier has been awarded a £225m road-maintenance deal with ...
ISG UK subsidiaries apply for administration
Sep 19, 2024 · ISG Retail Ltd logged a turnover for 2022 of £550.7m with a profit of £28.2m. ISG Engineering Services made a £10.9m profit on revenue of £177.8m, while ISG Central Services made a £10.3m ...
ISG denies ‘wholly inaccurate’ rumours about finances
Nov 14, 2023 · Nevertheless, in April the company reported an £18.5m pre-tax profit from a £2.2bn turnover for 2022, as well as £119.9m net cash. The ISG spokesperson said the company remains in a stable ...