Construction’s

Collins Construction’s revenue and profit dropped last year, its latest accounts have revealed. The Croydon-based refurbishment and fit-out specialist posted turnover of £124.1m for the 12 months to 30 June 2024. It was a drop of 14 per cent from the prior period, while pre-tax profit dipped by 13 per cent to £362,900. The firm

Only one in 10 emergency Covid loans issued to building companies have been paid back, Construction News can reveal. As the fifth anniversary of the first Covid lockdown in the UK approaches, an investigation by CN has shown that just 30,282 (11.6 per cent) of the 260,912 loans issued to small construction businesses have been

More than 4,800 Covid loans issued to construction companies are suspected to have been fraudulent, Construction News can reveal. As the pandemic took hold three years ago, the government created emergency loan schemes designed to ensure banks lent money to businesses despite the introduction of unprecedented social restrictions. These included the coronavirus business interruption loan