News

Market challenges push SIG into the red in first half

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  A first-half pre-tax loss of £11.3m on turnover of £1.32bn has been posted by insulation and building materials distribution giant SIG for the six months to June 30 2024. The same period last year reported a pre-tax profit of £12.2m and turnover of £1.4bn. The downturn in fortunes has …

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PJH donates over £20k to Macmillan

PJH Macmillan Cheque Presentation

PJH has donated £21,531 to Macmillan Cancer Support. The company partnered with the charity last summer with the goal of raising £10,000, which PJH promised to match. After a year’s worth of fundraising activities, PJH colleagues throughout the UK took part in a wide range of challenges and events, smashing …

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James Hardie launches the Hardie Plank challenge

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James Hardie has launched its Hardie® Plank challenge to raise awareness around its Hardie® VL Plank range, which offers quality, versatility and 20% faster installation times than alternative cladding products. The Hardie® Plank challenge is a roadshow event taking place in 25 locations across the UK in collaboration with a …

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SIG Roofing dives in with swimming club sponsorship

Richmond Dales Swim Club jul24

Richmond Dales Amateur Swimming Club (ASC), located in North Yorkshire, has received a £3000 donation from SIG Roofing to support its fully inclusive performance swimming development provision. Richmond Dales ASC  has 155 members, many of whom perform at national and regional level, and over the years, has developed a Para …

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London merchant Hitchcock & King calls in administrators

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Builders and timber merchant Hitchcock & King which trades from six branches across south and south west London has appointed Steve Absolom and Nick Holloway from Interpath Advisory as Joint Administrators of Hitchcock & King Enterprises Limited on 31 July 2024. The company, with branches in Ashford, Burgh Heath, Fulham, …

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BMJ Industry Awards 2024: FINALISTS ANNOUNCED

BMJ Industry Awards logo 2024 OL LANDSCAPE copy FINALISTS

The voting window has closed, the numbers have been crunched and the finalists in the BMJ Industry Awards 2024 are revealed. The winners are: National Merchant of the Year City Plumbing Huws Gray Jewson Travis Perkins Wolseley Multiple Merchant of the Year Bradfords sponsored by Knauf Insulation JT Atkinson JT …

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Government launches “New Towns Taskforce”

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The Government has launched a taskforce to identify possible sites for a new generation of new towns. The programme aims to create large scale communities of at least 10,000 new homes each, with something being “significantly larger”. Regeneration expert Sir Michael Lyons will spearhead the “New Towns Taskforce” as its …

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Aggregate Industries goes electric

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Construction materials supplier Aggregate Industries, has introduced Volvo electric trucks to its cement fleet, following a successful trial during the summer. The new trucks will be based out of the company’s Cauldon cement plant in Stoke, alongside its existing 60-strong fleet and several electric charging points, all of which represent a …

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CPA: Housing continues to drag construction down

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The Construction Products Association is forecasting that construction output will fall by 2.9% this year, steeper than the 2.2% forecast three months ago. This is primarily due to recovery in the private housing new build and repair, maintenance and improvement sectors being dependent upon the Bank of England cutting interest …

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Infrastructure projects to face Reeves’ axe

Rachel Reeves Official Cabinet Portrait July 2024 cropped 2 cropped

A numnber of high-profile infrastructure projects, including the multi-billion pound Stonehenge Tunnel and Lower Thames Crossing are in doubt, as Rachel Reeves, the Chancelor of the Exchequer looks to fill a hole in the public finances. Reeves is expected to announce plans today (July 29) to cancel major road tunnel …

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