www.theconstructionindex.co.uk
www.building.co.uk
Yup
Fox Brothers Holdings Group acquired by Stellex Capital Management
A Blackpool-based family haulage, plant hire and aggregate group is set to be acquired by an affiliate of a middle-market private equity firm, Stellex Capital Management (“Stellex”).www.lancashirebusinessview.co.uk
www.theconstructionindex.co.uk
did you read it all Bob ... some of the figures in the article were frightening ......
www.cityam.com
www.theconstructionindex.co.uk
buckle upConstruction sector contracts at the fastest pace since 2020
S&P Global’s latest PMI release suggests construction is suffering from a large drop in residential building and civil engineering projects.
Concrete sales hit 62-year low
The last time Britain's annual concrete consumption was as small as it is today was 1963.
I did ,fan,shite,the,hit,yetdid you read it all Bob ... some of the figures in the article were frightening ......
" Across the UK economy as a whole, there are now 666,876 businesses in ‘significant’ financial distress (up 10.8% year-on-year and 15.2% up on Q1 2025) and 49,309 businesses in ‘critical’ financial distress (up 21.4% year-on-year and 8.6% higher than in the first quarter of 2025). "
It's OK they can go and work for the big corporations then
did anyone hear about this?
www.bbc.co.uk
Maybe ditching John Deere wasn’t a great idea after all?….Looks like Rea Valley Tractors could be on the way
Rea Valley Tractors in fight to avoid administration - Farmers Weekly
One of Britain’s biggest farm equipment dealers, Rea Valley Tractors, is close to appointing administrators as the business, part of Dunstall Group,www.fwi.co.uk
the whole Dunstall Holdings group though BTLs -- you can not support these sorts of losses, short term, let alone long term - something has to give - and in this case it's the creditors it would seemLooks like Rea Valley Tractors could be on the way
Rea Valley Tractors in fight to avoid administration - Farmers Weekly
One of Britain’s biggest farm equipment dealers, Rea Valley Tractors, is close to appointing administrators as the business, part of Dunstall Group,
Or taking New Holland off Malpas
Gupta is a crook ,mixed up with the greenshill scandal" The judge found the company was "hopelessly insolvent" with £600,000 in the bank, a monthly wage bill of £3.7m, supported by a parent group that has 15 entities in insolvency proceedings across nine jurisdictions. "
" Lawyer for the creditors, Ryan Perkins, argued UK steel-making would be better served if the company's assets were sold off with assistance from independent special managers acting on behalf of the government after it is wound up, rather than allowing administrators appointed by Mr Gupta to conduct the process. ..... Mr Gupta's plan to place SSUK in administration then immediately buy it out again would have allowed the company to largely shed those debts. .....
In court, creditors highlighted how SSUK had not published financial statements since 2019 and its direct parent company, based in Singapore, was itself subject to insolvency proceedings.
The government will now be responsible for the operational and financial risks of the company, which has produced next to no steel for over a year.
A spokesperson for the government said that it remains "committed to a bright and sustainable future" for steelmaking in the UK.
The court decision comes after the government took over day to day running of British Steel's Scunthorpe plant in April to prevent its Chinese owners from closing its steel furnaces. "
Might as well put taxpayers' money in a big pile and burn it FFS
UK's third-largest steelworks collapses into government control
Hundreds of Liberty Steel workers in Rotherham and Sheffield face an uncertain future.
Gupta was producing invoices sent to his other companies ,greenshill were paying them early ,taking a cutGreensill Directors Face Legal Action Over Collapse
The collapse of Greensill Capital sent shockwaves through the financial world, and the recent legal action by administrators against former directors, including founder Lex Greensill…thefinancialanalyst.net
" Greensill was a finance company once worth around $30bn (£26bn) that went bust in March '21 "
" Greensill Capital’s UK administrator files lawsuit against founder Lex Greensill and six former directors for breach of fiduciary duty, marking a pivotal moment in efforts to recover billions lost after the company’s 2021 collapse. .... The six other defendants in the administrator’s lawsuit are Alastair Eadie, Divya Eapen, Neil Garrod, Sean Hanafin, Jonathan Lane, and Bartholomeus Ras. Notably, Neil Garrod served as Vodafone’s treasurer for over 18 years before joining Greensill Capital as chief financial officer; Vodafone was also among Greensill’s major clients "
all a bunch of cnuts BTLs
How much does someone need to be happy ffs - greedy bastards everywhere.
the more they have the greedier they become - possibly frightened of ever being without
www.building.co.uk