Supply Chain

Industry body Build UK has released an updated version of the Common Assessment Standard (CAS), including new questions on firms’ building-safety capabilities. The CAS is an industry-agreed set of questions and corresponding assessment standards that can pre-qualify construction suppliers for projects. The updated version (V4) contains a new Building Safety…

Construction News last week published a story that incorrectly reported that mechanical and electrical (M&E) specialist Cityside Electrical posted a loss in its most recent accounts. In fact, the firm made a pre-tax profit of £6.00m during the year – which covers the period to September 2023, compared with £7.57m…

For the first time in 14 years a Labour Party prime minister will preside in 10 Downing Street. Keir Starmer forming a new government today (5 July) after winning a majority of 172 seats. The party is expected to boost worker rights and union powers as part of forthcoming labour…

Tata Steel has threatened to pause steel-making at its site in Wales as worker walkouts loom. The UK arm of the Indian corporation said it “may not have any choice” but to halt both of its traditional blast furnaces at its Port Talbot plant if strikes go ahead next month.…

Equipment rental specialist Speedy Hire has signed a long-term agreement with Amey Group Services to provide non-operated plant. The hire and solutions contract is worth up to £25m annually, Cheshire-based Speedy Hire announced yesterday. A company spokesman said the duration of the deal could not be disclosed. The firm said…

A roofing contractor in Bristol has gone into administration. Davis Roofing Ltd was established in 2006 and employed a monthly average of 40 staff, according to its most recent published set of accounts, covering the 12 months to 31 March 2023. The firm had a place on two lots in…

Mechanical and electrical (M&E) specialist Lorne Stewart posted a pre-tax loss last year as turnover dropped. The company’s accounts for the 2023 calendar year reveal that the Greenford-based firm posted £118.7m in revenue, down 21 per cent from £149.3m the previous year. Its turnover was similar to its 2021 figure…

A cancelled film studio project in Hertfordshire has contributed to lower annual turnover and pre-tax profit for steel specialist Severfield. In its latest annual financial results announcement, the firm noted that the removal of the Sunset Studios project (pictured) from its order book “was the result of a client-driven decision…

The National Federation of Builders (NFB) and the Scottish Building Federation (SBF) have announced plans to merge. The England and Wales-based NFB, which can trace its origins to 1880, and the SBF, which was founded in 1895, agreed to become one organisation within the next two years. The name of…

John Wallace is managing director and head of real estate at solicitors Ridgemont The UK may still be hurting from Brexit, but the Pacific trade deal is a step in the right direction. Member states benefit from free trade, consistent trade rules and the recognition of each other’s local qualifications.…