Issue : 27 April 2018
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The collapse of Carillion, the ‘Beast from the East’ and ongoing uncertainties over Brexit mean the construction sector has suffered a turbulent first three months of 2018.
Press coverage of Carillion’s demise illustrated the impact it had on the whole country – a stark reminder of the construction sector’s importance.
McGee has taken on the mammoth task of building a five-storey basement underneath Claridge’s – while the five-star hotel remains fully open and with just a single window for access.
Former Northern Ireland secretary James Brokenshire has replaced Sajid Javid as housing secretary, following Mr Javid’s move to become home secretary.
Miller Homes will hit its target of building 4,000 homes annually through its new operations in the West Midlands, its chief executive has said.
Keller wins £28m deal on Algerian power plantSubscription
Keller has won a £28m deal on an Algerian combined cycle power plant.
Interserve suffers £244m loss for 2017Subscription
Interserve has posted a pre-tax loss of £244.4m for 2017 with chairman Glyn Baker describing it as an “extremely poor” year.
Keltbray turnover tops £400m in 2017Subscription
Keltbray’s turnover topped £400m in 2017, but its margin slipped as profit remained flat.
This week’s look at the latest on Carillion’s suppliers, Network Rail’s top contractors and a rise in financial distress
KPMG hires new UK construction headSubscription
KPMG has announced the appointment of Jonathan White as its new UK head of infrastructure, building and construction practice.