Contractors – Page 12
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T Clarke says impact of ISG collapse will be ‘minimal’
M&E specialist says it ‘took the very conscious decision to limit our exposure to ISG over a year ago’
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Amount owed to Buckingham’s supply chain trebles to more than £300m in a year
Initial hit to unsecured creditors was put at £108m last October
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Clients sounding out Galliford Try to take on work left up in the air following ISG collapse
As firm reveals positive full year results, chief executive Bill Hocking says firm is looking at framework schemes rather than jobs already on site
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Trade groups publish guidance for ISG creditors
Firm sank into administration nearly two weeks ago
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Facades contractor Lindner Prater narrows losses
Firm says business hit by increased completion costs in Middle East
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Steel firm William Hare returns to the black
Contractor posts profit after two succesive years of losses
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Morgan Sindall chosen to deliver SEN projects in London
New classrooms and sensory play areas will help Brent Council meet demand for specialist education needs facilities
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Wates announces death of former chief executive and ‘beloved’ family member
The firm expresses ’profound sadness’ at the passing of industry leader Sir Christopher Wates
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MCC to let stand rebuild as single-stage job after original contractor fails to agree price on latest Lord’s work
Club had proposed to redevelop two stands under two-stage deal but said Graham’s figure “considerably exceeded the sum” agreed with members
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Rival fit-out firm rules out taking on jobs left stranded by ISG collapse
Boss of smaller BW business says impact on company’s supply chain expected to be minimal
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ISG regional boss heads back to Multiplex
Jason Curtis rejoins company after former employer went under last week
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Fit-out firm Beck ‘owed £16m in contract dispute’ as unsecured creditors hit for £69m
Part of business sold under pre-pack deal saving 70 jobs as firm says it was hit by ‘liquidity challenges because of customer dispute’
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Former ISG chief Matt Blowers joins Structure Tone
US firm’s London staff told this afternoon that Blowers is joing with immediate effect
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Industry’s ‘broken economic model’ under scrutiny in wake of ISG collapse
Consensus grows that margins levels ‘not sustainable’ and more firms will go to wall unless current system changes
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HSBC offices shortlist down to two after ISG failure
Fit-out job with £200m price tag currently biggest being let in London market
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Rivals battle for ISG staff including firm’s Google team as stricken contractor’s fit-out business files for administration
Number of UK subsidiaries to have made application for administration rises to eight
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Ongoing projects involving ISG could be worth nearly £5bn
Barbour ABI estimate based on total project values relating to schemes with completion dates from 2024 onwards
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Timeline: How ISG went from ‘wholly inaccurate’ claims about its financial health to ‘ISG has filed for administration’
In space of 10 months, firm went from dismissing speculation to the brink of administration