News

Eight NFDC companies admit involvement in bid rigging across 19 contracts worth over £150 million. Following an investigation launched in 2019, the Competition and Markets Authority (CMA) has provisionally concluded that eight firms colluded on prices through illegal cartel agreements when submitting bids in competitive tenders for contracts. These bids were rigged with the deliberate…Read moreRead more

Two of the world’s largest and most-respected manufacturers of construction equipment – Caterpillar and John Deere – have announced that they are suspending their operations in Russia amidst the ongoing conflict with neighbouring Ukraine. In a statement, Caterpillar says: We are deeply saddened by the tragic events continuing to occur in Ukraine and hope for…Read moreRead more

CNH Industrial, the parent company of CASE Construction Equipment, has announced a $500,000 donation to support Ukrainians impacted by the current crisis. In order to ensure the effective deployment of this donation, CNH Industrial will rely on the support of NGOs who are providing on the ground assistance to those in need. In addition, CNH…Read moreRead more

MP calls for investigation into demolition of listed building pub. Ribble Valley MP Nigel Evans has called for a “thorough investigation” into how a renowned listed building in his constituency was demolished without any apparent warning. The Punch Bowl, a once thriving pub and restaurant on the outskirts of Hurst Green, near Longridge was demolished…Read moreRead more

Specialist decommissioning engineering consultancy RVA Group has launched a new service as the number of industrial and process site closures globally, continues to rise. Having successfully delivered more than 850 decommissioning, decontamination, demolition and dismantling (DDDD) projects all over the world, the London-headquartered firm has identified a gap in the market when it comes to…Read moreRead more

Carey Group has announced that it is closing loss-making divisions including demolition arm Scudder as part of a major restructuring. The other operations closing are Careys New Homes and asbestos arm ION Environmental. Careys said it will continue to offer demolition services but is dropping the Scudder branding. Latest results filed at Companies House revealed…Read moreRead more

Multi-disciplined contractor Keltbray slipped into the red last year. For the year ended 31st October 2020, Keltbray made a pre-tax loss of £9.4 million on a turnover of £428.6 million that was 24 percent down on the previous year’s £563.4 million turnover. The financial loss was blamed on the costs of COVID-19, the revenue impact…Read moreRead more