Financial & Legal
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A Technology and Construction Court judgment has clarified how Building Liability Orders can extend building safety liabilities across associated companies.
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The Home Builders Federation says taxes, regulation, policy costs, labour, and materials inflation have added £76,000 to the cost of building a new home since 2020.
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The Building Safety Regulator’s latest Gateway 2 data indicates that higher-risk residential approvals are beginning to move after months of delay across the sector.
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Gleeson Homes has identified legacy infrastructure issues on completed Yorkshire developments, with remedial provisions expected to reach between £5.2m and £7.1m.
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Mineral Products Association figures show construction materials demand falling again in Q1, with London ready-mixed concrete volumes nearly half their 2022 level.
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Construction bodies have secured a government review of planned steel tariff and quota changes after warning that the measures could raise project costs and disrupt delivery.
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Dalkia’s UK recovery reflects stronger demand for technical energy services. The EDF-backed contractor lifted turnover, profit, cash, and order book as nuclear, healthcare, systems integration, and decarbonisation work supported performance.
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Materials pricing pressure is returning across UK construction supply chains. The Construction Leadership Council has called for clearer explanations behind increases as fuel, energy, tariffs, and geopolitical disruption push costs higher.
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Hampshire groundworks contractor Mackoy has filed a notice of intention to appoint an administrator after reporting a pre-tax loss in its latest accounts.
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Travis Perkins reported a 1.7% fall in first-quarter like-for-like revenue, with merchanting activity hit by subdued construction demand.