Bouygues’ UK arm has remained in the red, with losses exceeding £200m over the past four years. The contractor says its results have been affected by inflation, subcontractor failures and building safety liabilities.
Avant has completed an agreement with the Ministry of Housing, Communities and Local Government to defer building safety payments, which the company says will support liquidity. The announcement comes alongside 2025 results showing a £111m loss.
Avant Homes has completed an agreement with the Ministry of Housing, Communities and Local Government to defer certain building safety payments. The housebuilder said the arrangement is intended to support liquidity, alongside 2025 results showing a £111m loss.
The article reports that the administrator of a collapsed product firm says it is facing £135m of claims, mainly related to cladding. It also notes a High Court order in June requiring the German parent of Sto Ltd to pay Mulalley £1.8m for costs incurred replacing a cladding system at an Essex tower block.
