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The UK’s biggest construction firms show increased turnover and massively improved profits in their latest financial accounts. But since posting those results, pressures have been mounting. Steve Menary reports. ....
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Major property firm reveals £20 million-plus profit despite the pandemic One of the biggest property investors and land management firms in Gloucestershire has revealed a £20.5 million profit after tax, despite the pandemic. An aerial view of the £60 million Robert Hitchins-led development off Junction 9 of the M5 at Ashchurch, near Tewkesbury, Gloucestershire One of the biggest property investors and land management firms in Gloucestershire has revealed a £20.5 million profit after tax, despite the pandemic. Robert Hitchins, which employs 50 staff, said despite the arrival of Covid-19 bringing ‘an abrupt halt’ to enquiries for commercial property, it had produced profit after tax of £20.5 million, compared to £10.3 million last year. ....