Category list : Analysis
Stories with this category.
M&A: the year of the Chinese?Subscription
Overseas firms are tipped to make further moves into the UK this year as British contractors focus on ‘bolt-ons’ that can open the gates to new sectors and provide one-stop shops to major clients.
The industry is poised to benefit from a gradual strengthening in project starts over the next year.
Average pre-tax profits and profit margins fell across the top 100 contractors but many of the firms showing the strongest pre-tax profit margins are among the lowest ranked by turnover.
Total pay for boards of directors across this year’s CN100 has dropped by nearly 20 per cent yet average staff wages remain stable while almost half of UK construction’s top contractors increased average number of employees.
Growth on horizon but economic recovery requiredSubscription
With the UK in a deepening recession and uncertainty over the eurozone unlikely to disappear any time soon, the outlook for construction for the next 12 months is bleak.
UK contractors reported record high order books in August since the rececssion, according to exclusive data shared with Construction News, but firms that lose out on future frameworks and infrastructure deals could be forced to supplement falling income abroad.
With pre-tax profits at an eight-year low, new chief executive Andrew Davies warns now is no time for complacency.
What Brexit means for the construction industrySubscription
Construction clients and contractors join politicians in assessing what the vote to leave the EU will mean for the sector both now and in the long term.
Post-Brexit immigration: 5 things we learnedSubscription
As the government launches its new skills-based immigration system, Construction News picks out the key points.