Category : Search result: construction sector insolvency


Timber Group Collapse: 550+ Jobs Lost in UK

National Timber Group, the UK's largest independent timber distributor, enters administration with 561 redundancies and 13 site closures. Administrators launch urgent sale process.

Hull Manufacturer Folds Following £585k Dispute

Kingston Modular Systems in Hull enters administration, resulting in 62 redundancies after a client withheld £585,000, causing critical cash flow issues. Discover the full story behind the collapse.

Birmingham law firm collapses with job losses

Bell Lax Solicitors in Sutton Coldfield enters administration, resulting in redundancies. Discover the impact on the West Midlands legal sector and the reasons behind the collapse.

Premier Modular Secures £1bn NHS Framework Spot

East Yorkshire's Premier Modular has been appointed to a £1bn NHS framework, positioning it to deliver vital modular buildings for healthcare and public services across the UK.

Lloyds Bank green retrofit funds 11,000 UK homes

Lloyds Bank's third green retrofit loan of 2025 will upgrade over 11,000 social homes, supporting 2,000 skilled construction jobs. Discover how this initiative boosts energy efficiency.

2025 ProCon Leicestershire Awards winners revealed

Discover the winners of the 2025 ProCon Leicestershire Awards, celebrating the best construction projects and a rising star architect in the region. Find out which projects took top honours.

Babcock profits jump 19% in strong first half

Defence giant Babcock reports a 19% profit rise to £201.1m, driven by nuclear and marine sectors. The FTSE-100 firm confirms it's on track to meet full-year targets. Read more.

Northern Bear revenue jumps 31% to £49.4m

Newcastle building services firm Northern Bear reports strong half-year growth with revenue reaching £49.4m and operating profit hitting £4.1m, despite challenging market conditions ahead.

Rochdale Planning Decisions: Major Projects Approved

Rochdale Borough Council has approved significant developments including a 30-bed hotel extension and telecom tower, while rejecting several home extensions. Discover the latest planning outcomes.

Middletons Steakhouse Saved, 159 Jobs Secured

Middletons Steakhouse & Grill rescued from administration by its shareholders, safeguarding all 159 jobs across its seven restaurants in England. Read the full story.

88 New Affordable Homes Completed in Oldham

A £21m development of 88 gas-free affordable homes is now complete at West Vale, Oldham. The project tackles the borough's housing crisis with sustainable design. Discover the new community.

Pension cap to hit private sector workers hardest

Thousands of UK private sector workers earning over £40,000 face retirement losses exceeding £20,000 under Labour's proposed salary sacrifice cap. Discover how this policy change could impact your pension pot.

Reeves urged to scrap crippling alcohol tax hike

Wine and Spirit Trade Association calls on Chancellor Rachel Reeves to freeze alcohol duty as 4.5% hike could add £1 to bottle prices, fuelling inflation and hurting hospitality.

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