firms

Envelope specialist FK Group Ltd and two of its subsidiaries have staved off administration for up to an additional two weeks after filing new court notices. Erroneous reports last month in trade, regional and national press outlets said that FK Group Ltd, FK Construction Ltd and FK Facades Ltd had already entered administration. However, Construction

The Competition and Markets Authority (CMA) has widened its active probe into suspected bid-rigging on school roofing contracts to cover activity by more firms. Its investigation now includes unnamed “additional parties”, the watchdog announced yesterday (29 January) in a statement. The probe. launched in December, was originally focused on roofing and other construction-related contracts funded

The number of construction companies in ‘critical’ financial distress rose almost a half in the final quarter of last year, an insolvency specialist has said. According to the latest data from Begbies Traynor, there were 9,981 construction businesses in the ‘critical’ category during the last three months of 2025. This marked a rise of 46

Nine contractors have been issued a total of £950,000 in penalties for employing illegal workers, according to the latest government quarterly update. The firms were named in a Home Office list of companies penalised for employing people with no right to work in the UK… The post Nine firms fined almost £1m for employing illegal

Equans is set to take a near £5m hit from the liquidation of the private finance initiative (PFI) company that previously had responsibility for schools in Stoke-on-Trent. Transform Schools (Stoke) Ltd (TSSL), a PFI vehicle that built and maintained the city’s schools under a 25-year contract with City of Stoke-on-Trent Council, announced in November that

Saturday 13 September 2025 10:30 pm  |   Updated:  Saturday 13 September 2025 4:26 pm US firms are set to increase their investment in the UK US financial firms have announced investments in the UK worth £1.25 billion before Donald Trump’s state visit next week. Citi Group has confirmed it will invest £1.1 billion across its

GMI, Morris & Spottiswood, Robertson, Tilbury Douglas and Wates are among 41 contractors to have secured a spot on a £200m, six-year university refurbishment framework. The North Eastern Universities Purchasing Consortium (NEUPC) has awarded the framework to cover a wide range of upgrade and fit-out works across higher education buildings in England. The agreement will

Cost increases and rising wages have led half of SME firms to report lower-than-expected profits or losses, a new report has revealed. In their latest half-year SME State of Trade Survey, the Chartered Institute of Building (CIOB) and the Federation of Master Builders (FMB) have found a quarter of firms affected by skills shortages were