Financial & Legal
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Vistry has warned that first-half profit will fall sharply. The housebuilder is tightening cash controls, slowing some sites, and reassessing operations under new leadership.
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Ofgem has approved early construction funding for major Scottish electricity transmission projects.
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Curo Construction has ceased trading, raising uncertainty over Whittlesey’s £18.67m Manor Leisure Centre redevelopment.
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Fox Group has acquired two construction materials and civils businesses. The deals add surfacing, cold milling, in-situ recycling, and ready-mixed concrete capacity to its integrated platform.
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HSE has tightened engineered stone guidance after fatal silicosis cases. Dry cutting is now deemed unacceptable, with water suppression, lower-silica materials, RPE, and health surveillance forming the core controls.
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Tower Hamlets is preparing a major housing works procurement programme. The borough plans eight contracts supporting its 10-year capital investment strategy, with early market engagement now underway before formal tendering begins.
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New data from The Director’s Helpline suggests construction SMEs are facing acute payment and cashflow pressure, with short-term financial uncertainty colliding with late payment, tax arrears, material inflation, and weaker pipelines.
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Royal BAM Group has reported higher first-quarter revenue and adjusted EBITDA, with its order book holding at €13bn and UK construction performance supported by disciplined tendering and stronger execution.
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Winvic led April’s contract-awards league after securing a major East Midlands logistics project near Junction 21 of the M1, with the wider monthly table showing a softer market for new orders.
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HS2’s programme reset has moved to the end of 2026 as Mark Wild tests whether a lower-speed specification can reduce complexity, cost risk, and commissioning pressure across the London–Birmingham railway.