firms

Tadawul trading screen Tadawul-listed companies, excluding Saudi Aramco, reported a 21% uptick in the Q1 2025 aggregate net profit to SAR 40.2 billion, primarily due to the positive results of the banking, real estate management & development, healthcare, and telecommunications sectors. Including Saudi Aramco, the first-quarter combined net profit showed a slight year-on-year (YoY) slip

Nineteen specialist contractors have been appointed to a £265m framework for modular buildings launched by the LHC Procurement Group (LHCPG). The Modular Buildings (MB3) framework covers the design, delivery, hire and refurbishment of temporary and permanent modular units for use in education, healthcare, defence and community buildings. It replaces the MB2 framework, which facilitated £76m

Six local authorities in Yorkshire have awarded a joint £96m framework for surfacing and planing works, appointing 12 contractors across eight lots. The Yorkshire Alliance Contract, procured jointly by the councils of Bradford, Calderdale, Kirklees, Leeds, Wakefield and York, covers carriageway and footway resurfacing, planing, traffic management, waste disposal and associated works. Kirklees Council led

Nearly all the listed debtors for one of the UK’s largest roofing contractors have disputed how much they owed the firm, forcing its administration process into a fourth year. Administrators for Avonside Roofing – the £48m-turnover contractor that went under in September 2022 – said they had spent a “significantly larger amount of time […]

This story was written with AI assistance from Harmsworth Who is Harmsworth? Procurement for Housing (PfH) has appointed 19 contractors to a £500m framework for decarbonisation and retrofit works across the UK’s social housing sector. The four-year agreement, which started on 31 March, will allow PfH’s members to procure upgrades covering heating, insulation, windows and

This story was written with AI assistance from Harmsworth Who is Harmsworth? PfH Scotland has selected 38 contractors for a £380 million homes maintenance framework  for Scottish councils and housing associations. The four-year framework includes 22 regional SME contractors and 16 larger national firms such as Bell Group, CCG Scotland, Clark Contracts, Easy Heat Systems

A third of small businesses are planning to axe jobs amid worries over soaring staff costs, while new employment rights are also set to see firms rein in hiring and trim their workforces, according to new figures. A poll of nearly 1,400 firms by the Federation of Small Businesses (FSB) in the final quarter of

Chief Executive John Lee on Friday called on businesses to contribute to the country's development by investing on the mainland. Speaking at a forum in Shenzhen on technological collaboration between the two places, the CE noted that firms can benefit from Beijing's new amendments to the Closer Economic Partnership Arrangement, or CEPA, which will take