Materials firms and suppliers have suspended deliveries to sites as a result of the coronavirus pandemic. Breedon issued a trading update this morning stating it has temporarily suspended production on its UK sites, with the exception of one cement plant in Derbyshire and other operations it said "serve critical supply needs".…
Supply Chain
Builders’ merchants resume limited service
A number of major builders' merchants have restarted some services a day after making nationwide closures. Travis Perkins and Jewson are now operating services for trade customers following a 24-hour shutdown yesterday. The turnaround followed discussions between the Builders Merchants Federation and the Department for Business, Energy and Industrial Strategy (BEIS)…
Materials suppliers shut down amid coronavirus confusion
Some of the UK’s largest builders merchants have shut down amid confusion over the government’s coronavirus guidance. Travis Perkins closed all of its operations – including Wickes – last night following the prime minister’s instruction that only essential businesses should remain open. The £7bn-turnover materials group said it would continue…
Travis Perkins cancels £80m dividend
Travis Perkins has cancelled its full-year dividend for shareholders and suspended its demerging of Wickes, as it looks to hoard cash amid the coronavirus outbreak. In a market announcement this morning, titled 'COVID-19 Update', the materials supplier said it was cancelling its final dividend payment of 33p per share. Goodbody…
Coronavirus: Network Rail fears materials shortage
Network Rail has launched a survey of its suppliers over fears of material shortages due to the coronavirus, Construction News can reveal. In an email sent to its supply chain on Thursday, seen by CN, the operator said it was stepping up preparations for the “significant impact this virus could…
New Tarmac terminal uses Thames to deliver materials
Tarmac has been named partner for a new construction-materials terminal at London’s Port of Tilbury, which will use the River Thames to deliver construction materials into London. The facilities will form part of the new £200m terminal, which is being delivered by contractor Graham. The construction processing hub will include an…
Bovis reports fall in construction-materials cost
Construction inflation has eased off after rising by 4 per cent earlier in the year, according to Bovis. Despite this, the housebuilder is still working to keep its costs down to offset the recent rise in construction-material prices, it said in its half-year trading update this morning. Rival builder Taylor…
Atkins president to take over at Travis Perkins
Atkins president Nick Roberts has been lined up to take over from John Carter as CEO of Travis Perkins.
Travis Perkins profit drops £350m after restructure
Travis Perkins’ profit plunged by £348.6m in 2018 as the materials suppliers overhauled its business.
Mace CEO on Brexit: ‘Avoid materials blockages at ports’
Mace chief executive Mark Reynolds has urged the government to keep goods flowing into the UK unhindered, or risk work stalling on construction sites.