Financial & Legal
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Builders face immediate shutdown risks over engineered stone cutting practices. The FMB warning follows HSE inspections targeting silica dust exposure on sites and fabrication workshops.
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UK construction activity has fallen to a six-year low point. Housebuilding remained the weakest segment as new orders, employment, and confidence declined in May.
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TrueNorth has launched a construction acquisition platform targeting specialist trades. The group is focusing on MEP, façades, external envelope, manufacturing, and offsite construction as remediation demand reshapes the market.
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Alchemist DB has been fined after a fatal excavation incident. The case followed the death of a worker who drowned after falling into a flooded foundation trench on a Hertfordshire construction site.
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Murphy has reported record workload alongside stronger year-end cash reserves. The contractor closed 2025 with revenue of £1.58bn, operating profit of £86.1m, net cash of £412.4m, and an £8.17bn order book.
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Greater Cambridge’s new development corporation has moved closer to delivery. The proposed body is intended to unlock housing, infrastructure, jobs, and strategic growth across one of the UK’s most constrained development markets.
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CG Fry has reported lower profit as regulatory costs rise. The south-west housebuilder cited higher compliance costs and a flat housing market.
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Agetur has filed for administration protection after losses widened sharply. The housing groundworks contractor reported higher revenue but weaker profitability in its latest accounts.
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CITB has revoked 511 fraudulent safety test results after sentencing. The case involved organised cheating linked to an Essex construction test centre.
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Builders’ merchants recorded weaker first-quarter sales as volumes fell sharply. BMBI reported like-for-like value sales down 3.2%, with heavy building materials falling 6.7% by value.