Ben Vogel

3 weeks ago | constructionnews.co.uk | Ben Vogel

More than 200 large panel system (LPS) tower blocks have been identified as requiring intensive safety-risk management by the Building Safety Regulator (BSR). A spokesperson for the regulator told Construction News that since April last year, it had identified 202 LPS blocks requiring a Building Assessment Certificate (BAC) as higher-risk buildings (HRBs). Today (31 March) is the deadline for owners to apply for an LPS-related BAC.

1 month ago | constructionnews.co.uk | Ben Vogel

Speaking to analysts after Balfour Beatty announced its latest full-year financial results on 12 March, Leo Quinn was in buoyant mood. The firm's outgoing chief executive (pictured) described the annual financial figures as “very, very good” and highlighted the firm’s cash position: “We finished with nearly a billion pounds in the bank.

1 month ago | constructionnews.co.uk | Ben Vogel

Mechanical and electrical (M&E) specialist Briggs & Forrester has undergone a “clear recovery” with turnover and pre-tax profit exceeding pre-Covid levels. The latest set of group accounts, for the year to 31 October 2024, also revealed a record order book after the completion of a five-year restructuring programme. Briggs & Forrester generated a pre-tax profit of £4.6m from revenue of £271.6m in the latest period, compared with £2.7m and £212.5m respectively in the previous year.

1 month ago | constructionnews.co.uk | Ben Vogel

A senior appointment at a major contractor and a new position for a former ISG director were the most notable people moves in construction this week. On 10 March, Wates named George Mosey as its new operations director for construction. He will work with the senior team “to drive forward Wates’ continued focus on safety, quality, sustainability and operational performance”, the tier one contractor said in a statement. Mosey will also sit on the firm’s construction board.

1 month ago | constructionnews.co.uk | Ben Vogel

Underlying turnover at the UK's biggest contractor exceeded £10bn for the first time last year, alongside a double-digit percentage increase in pre-tax profit. Balfour Beatty’s departing chief executive, Leo Quinn, hailed the latest full-year results as evidence of “further strong progress”. However, the group noted an £83m building safety charge in its announcement this morning (12 March) to the London Stock Exchange.