Your browser is no longer supported

For the best possible experience using our website we recommend you upgrade to the newest version of your browser.

Your browser appears to have cookies disabled. For the best experience of Construction News, please enable cookies in your browser.

Welcome to the Construction News site. As we have relaunched, you will have to sign in once now and agree for us to use cookies, so you won't need to log in each time you visit our site.
Learn more


Raine Industries - the contracting group which bought Walter Lawrence last year - cut its final dividend from 4p to 1p this week, leaving a halved total dividend for the year ending June.Chairman Peter Parkin said that to continue to pay out more in dividends than earnings would limit the group's ability to implement medium-term plans.The shrunken dividend came despite an 8 per cent rise in pre-tax profits to £10.8 million for the year ending June and a 16 per cent rise in earnings ...

Subscribe now for unlimited access and receive...

  • The latest client and contractor news
  • Interviews with industry leaders
  • Insight into contractors’ strategies, performance and contract activity
  • Market data, industry trends and forecasts
  • Technical reports on innovation and best practice techniques

Register for guest access and receive...

  • One free article per month
  • Breaking and Daily News alerts straight to your inbox
  • Expert opinion and Editor's Comment articles
  • CN Briefings on the day's talking points
  • Picture galleries showcasing the biggest projects

Already a subscriber? Click here to sign in

Print subscriber? Activate your digital account here