Financial & Legal
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Administrators have recovered only a fraction of ISG’s creditor debt, with unsecured suppliers still unlikely to receive a distribution from the failed construction group.
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The Serious Fraud Office has opened an ECO4 investigation after four arrests and searches at six sites, focusing on allegations that retrofit claims were submitted for work that was not carried out.
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Glenigan’s April review points to a tougher market again, with starts and detailed approvals down sharply even as contract awards show some resilience in selected sectors.
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Heidelberg Materials is increasing its stake in Akçansa to 79.44%, deepening its position in Turkey and strengthening its cement, aggregates, and ready-mix platform across the Mediterranean basin.
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Billington’s 2025 results show weaker revenue and profit, as project delays, pricing pressure, and the closure of its Yate facility hit performance despite a rise in productive hours.
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The collapse of FK’s core facade and construction businesses has thrown fresh light on how legal costs, bad debt, insurance pressure, and regulatory delay are weighing on specialist contractors.
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Ferrovial’s UK construction arm has reported a sharp rise in profit and margin for 2025, signalling stronger commercial discipline as the contractor builds a longer, better-quality forward workload.
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Natural England has approved a strategic nutrient mitigation scheme in the Stour catchment, enabling credits that could unlock thousands of delayed homes around Ashford, Canterbury, and the wider Stodmarsh-affected area.
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England’s planning appeals system has shifted onto a new platform. Most new planning and enforcement appeals now move through the digital service, with fresh procedural rules in force for post-April applications.
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Skanska UK has reported a sharp rise in new orders, driven by major building and infrastructure wins, even as margins softened during the early delivery phase of several large projects.