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Civils specialist Applebridge Construction has grown both turnover and profit by a third despite slashing its headcount. The Middlesbrough-based contractor posted income of £82.9m for the year to 30 April 2024, up 33 per cent on the previous year. Meanwhile, the firm's pre-tax profit soared by 34 per cent over the same timeframe to £7.2m.

North Carolina made a significant financial commitment to lure legendary NFL coach Bill Belichick to Chapel Hill.  UNC and the 72-year old Belichick agreed to a five-year deal, the school announced. The yearly salary for Belichick (base salary plus supplemental income) amounts to $10 million, a big jump from the $5 million UNC paid Mack

Image © 2023 Google Intelligent Steel Solutions owed more than £6m when it began the process of liquidation last month, it has emerged. A statement of the structural steel supplier’s affairs, published on Companies House this week, shows it owed £6.2m to unsecured creditors. Most of the money it owed, some £3.95m, related to intercompany

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HS2 has spent £7.9bn on tier two contractors – but only 4 per cent of these have been with companies based in North West England.The publicly owned rail project has said it is “helping to keep over 2,000 UK businesses afloat as they tackle difficult economic conditions”, adding that £3.6bn (45 per cent) of its

Reading Time: 2 minutes North Korean hackers stole $1.7 billion in cryptocurrencies last year, according to Chainalysis The company revealed that this accounts for just under 50% of all crypto hacks Chainalysis also revealed that North Korean actors have a new favorite Bitcoin mixer North Korean hacking groups were responsible for $1.7 billion worth of

A County Durham-based structural steel supplier and installer is set to be liquidated next week, Construction News can reveal. Intelligent Steel Solutions Ltd, which operates from a three-hectare site in Peterlee, provides cold-formed structural steel to construction projects. Its website says its services include light gauge cold form structural steel, facade infill, load bearing structures

North Korean state news agency KCNA said on Friday it tested a new nuclear underwater attack drone under leader Kim Jong Un's guidance this week, as a US amphibious assault ship arrived in South Korea for joint drills...