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The rate at which construction firms are going bust has slowed, according to official figures.

Data from the Insolvency Service reveals that 4,303 firms went under in the year to July – the lowest rolling annual total since 2020. Construction still accounted for 16.9 per cent of all insolvencies in England and Wales in July – a month in which the total of 397 insolvency registrations was the largest of any sector. […]

The rate at which construction firms are going bust has slowed, according to official figures. Read More »

Dalkia revenue drops

Revenue and profit at mechanical and electrical (M&E) specialist Dalkia Operations fell last year amid restructuring costs, higher provisions and project delays. The Manchester-based firm’s latest accounts filed with Companies House, covering the 2023 calendar year, show that pre-tax profit dropped by 38 per cent, from £1.8m to £1.3m. Turnover decreased by a less-severe 3

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New Digital SKILL card

Mechanical Engineering Services SKILL card has launched a digital version of its traditional plastic cards allowing users to access all their technical and health & safety qualifications via a mobile phone app. SKILL card, which is managed by the Building Engineering Services Association, has been operating for 22 years and provides over 50,000 building services

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