Colas reduces losses after highways “reset”
Highways contractor Colas has significantly reduced its annual losses after a major overhaul of its UK highways operations and a greater focus on core profitable markets, says Construction Enquirer. The contractor reported a pre-tax loss of £2m for 2024, improved from a £13m loss in the prior year. The deficit was mainly caused by finance […]
New Homes Accelerator good news for highways contractors
The new Labour Government has launched an expert group to speed up delivery of stalled housing sites. The New Homes Accelerator will initially target 200 large sites which have outline or detailed plans ready to go but are yet to begin construction. The news also provides welcome encouragement for highways contractors with the sites requiring […]