Monthly Archives: April, 2026

Newly formed HBC is aiming to triple the amount of revenue it previously made as a subsidiary within its first year. In an update cementing its standalone performance, the contractor, formerly known as Henry Boot Construction, revealed it had secured £112m of work for 2026 and is forecasting £120m turnover this year. Looking forward, it

NG Bailey has acquired Engineering Solutions Group (ESG), adding a £30m-turnover engineering business with about 180 staff to expand its presence in the water and infrastructure markets. The Leeds-headquartered engineering services group said the deal would strengthen its infrastructure delivery offer and widen its access to water sector work during Asset Management Plan 8 (AMP8).

Founder Paul Ruddick becomes chief executive of the new Reds10 Group, overseeing nine businesses across the vertically integrated operation while remaining chairman of Reds10. Ryan Geldard, new chief executive of Reds10 Geldard, previously managing director – offsite, takes day-to-day control as the firm targets expansion into healthcare, affordable housing and temporary accommodation. The move follows

Mace Construct has announced a raft of board and leadership changes as it reshapes the business following its separation from Mace Consult. The contractor said the changes were part of a long-term plan to create a more resilient business and followed the carve-out of Mace Consult earlier this year. Mace Construct is now operating as

Reds10 has appointed Ryan Geldard as chief executive as part of a restructure that sees founder and chairman Paul Ruddick becoming chief executive of the firm’s parent group. Geldard, who had been managing director for offsite at Reds10, assumed day-to-day leadership of the contractor from today (1 April). The business said he would lead its

Simon Century, NHB CEO, Amy Rees, chief executive, Homes England, Pat Ritchie, Homes England chair, and Peter Vernon, NHB chair. The National Housing Bank is a new government public finance institution designed to accelerate the delivery of new homes and communities, and to enable the regeneration of towns and cities across England. Backed by the

The National Housing Bank has opened its doors for business, aiming to accelerate the delivery of 500,000 homes and attract about £53bn of private investment into the residential sector. The new bank comes under the umbrella of the government’s housing and regeneration agency, Homes England, and will work with housebuilders, developers, investors and registered providers

Tech mogul Elon Musk is convinced that quantum computers could enable the recovery of lost crypto wallet passwords – a plus side of the computing technology amid all the recent buzz of the great risks it poses to blockchain and cryptocurrencies. Blockchain analytics estimates that at least 3-4 million Bitcoin (BTC), or 15%-20% of the