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Residential, civil engineering, commercial and major projects all suffer at the start of this year, ending a 10-month period of expansion.

Seventy-four per cent of the contractor’s turnover came from repeat business with long-standing customers and developers.

The civil engineering specialist has finished the M2 Junction 5 improvements scheme for National Highways, which began in June 2021.

At peak construction there will be more than 1,000 workers on site at Provanmill in the city, including dozens of new apprentices.

GVG Group (G&V Gallagher Ltd), in Saint Albans, Herts, has a strong order book and recently secured several new contracts.

A further £72 million will be used to repair and maintain assets including those damaged in recent floods and storms Éowyn, Darragh, Bert and Conall.

The objective is to speed up infrastructure development, streamline costs, and optimise resource sharing for public sector works across the East of England.

From all the team here at Construction Wave, have a merry Christmas and a happy new year. See you Monday 6 January 2025.

Construction Wave is back for the second time with its flagship industry event, the Construction CFO Summit, launching in May 2025.