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The UK s top 10 scaffolding contractors | Construction News

Scaffolding firms have rebounded from the pandemic-driven downturn with rises in revenue and profit. The sector had the highest median average pre-tax

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Wood Group wins contract to provide services to Shell s gas processing plants in Scotland

Wood Group wins contract to provide services to Shell s gas processing plants in Scotland
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PROFILE: Carr s CEO Hugh Pelham

CONVIVIAL and clearly at one with himself, Hugh Pelham the new Oxford-educated boss of one of Cumbria’s most historic businesses has carved out a…

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New CEO at helm of Carrs

Hugh Pelham, Carrs new CEO AGRICULTURE and Engineering Group, Carrs is pleased to announce that Hugh Pelham has formally been appointed as Chief Executive Officer. Hugh succeeds Tim Davies, who steps down from the Board at the AGM but will remain with the Group during a short handover period to ensure a smooth transition. He brings over 30 years’ experience in leading growing businesses across various sectors. Most recently, he served as Global President at Minova – a AU$500m division of ASX-listed Orica – manufacturing and supplying chemical and mechanical earth control products, adhesives and support equipment for the mining industry where he successfully led a turn-around of the business from making a $2m loss to a $21m profit.

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CN Payment 100: how long do construction companies take to pay?

In our second major analysis of industry payment-practice reports, Megan Kelly delves into the government data to identify the best and worst payers in the sector. We also look beyond the headline figures to uncover the often complex reasons why some companies appear able to settle their debts more swiftly than others Slow payment has long plagued construction. It comes as no surprise to learn that, in 2020, amid a global pandemic, a national shutdown, and with many companies struggling for cash, poor payment practices have again come to the fore. According to Construction News’s latest analysis of government payment data, most of which was collected after the first lockdown was enforced in March 2020, many must still wait well beyond 30 days to receive payment. Adding to cashflow challenges, nearly a third of all payments breached agreed terms, typically meaning a commitment to pay by some other deadline beyond 30 days was also missed.

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