TClarke has said it is on track to hit its 3 per cent operating margin target following increased profitability in its half-year results.
Gallagher Group CEO to step downSubscription
The Gallagher Group board has begun the search for a new chief executive after Nick Yandle said he would step down at the end of 2018.
Permasteelisa has secured a €70m (£62.3m) contract for facade work on Battersea Power Station.
A construction firm and its director have been fined a total of £65,000 for health and safety breaches.
Some of the UK’s largest contractors have told Construction News they are working to improve their payment practices following the publication of new data yesterday.
TClarke makes finance director permanentSubscription
TClarke has appointed interim group finance director Trevor Mitchell on a full-time basis.
Trade bodies clash over contractor payment dataSubscription
The National Federation of Builders has branded Build UK’s claims that publishing contractor payment data marked a “bold first step” as the “ultimate insult”.
Vinci has won a High Court dispute with a subcontractor over damages following delays to its £184m upgrade of Gatwick Airport’s South Terminal.
Bank doubles industry borrowing limitSubscription
Barclays has doubled its limit for unsecured loans to construction industry firms from £50,000 to £100,000.