Wolseley to lay off 200 former Burdens staff

Grant Prior 13 years ago
Share

Wolseley is planning a round of redundancies at the former Burdens business it bought for £30m last Autumn.

The materials giant snapped-up 22 sites from the drainage and civil engineering supplier before the rest of Burdens went into administration.

The deal saw 554 Burdens staff transfer over to Wolseley.

But the firm has now launched a consultation with staff over job losses.

It said: “The assets were distressed when we acquired them and we are now rebuilding revenue in the business.

“We will ensure that the cost base is appropriate going forward and have recently initiated actions to reduce the headcount by approximately 200, subject to employee consultation.”

The news came as Wolseley revealed flat revenues and margins at its UK operation for the half year to January 31 2013.

Turnover in the UK was steady at £853m from £850m last time with trading profit up to £45m from £44m

Latest news

Berkeley holds profit forecast despite global turmoil

Middle East tensions, inflation risk and BSR delays cloud outlook
17 hours ago

Framework orders lift Tomlinson turnover to £93m

Derby contractor banks steady pipeline of education and civic schemes
18 hours ago

Wet winter and nervous clients hit construction workload

Commercial proved the only new work sector to grow in January
21 hours ago

Cardiff clears path for Wales’ tallest tower

50-storey build-to-rent skyscraper planned beside Central Station
22 hours ago

VolkerFitzpatrick wins Didcot Science Bridge

Latest award under £332m infrastructure improvement scheme
22 hours ago

Former facade boss Lee Marks joins Skanska

Experienced exec has had stints at Permasteelisa, NG Bailey, Laing O'Rourke and nmcn
2 days ago

Mace and Arup land roles for UK’s first small modular reactor

Team named for early engineering and programme strategy for Anglesey reactor
2 days ago

Vistry eyes summer start for Camden estate rebuild

Planning decision paves way for 480-home Juniper Crescent regeneration
22 hours ago

Green light for Sheffield Cole Brothers store revival

Grade II listed department store set for comeback as leisure and office hub
2 days ago

Morgan Sindall starts delayed £29m Newcastle leisure centre

Ground broken on West Denton scheme six years after old pool closed
2 days ago

UK’s biggest AI data centre plan approved

North Lincolnshire scheme to cost £7.5bn to build
2 days ago

Vistry boss buys £893k shares after stock slide

Outgoing chief Greg Fitzgerald snaps up shares after brutal market sell-off
2 days ago

CITB accused of cutting cash for small contractors

More changes to how training body hands levy funds back to contractors
2 days ago

£25m Dartford town centre housing job heads for tender

Council pushes ahead with former Co-op site 69 home redevelopment
2 days ago

Galliford back in affordable housing with £28m Chester job

Contractor returns to partnership housing after 6-year break
3 days ago

Morgan Sindall submits Crystal Palace refurb plans

Major revamp unveiled for iconic south London sports centre
2 days ago

Data centre sites to jump queue for grid connections

Consultation starts on what schemes get priority for power
3 days ago

Balfour Beatty construction margin hits 3.5%

Power generation projects drive record order book to nearly £23bn
3 days ago

Plans unveiled for 70-storey Liverpool tower

Liverpool's tallest building will rise to 727ft
3 days ago

Birmingham sets out high-rise city centre vision

5,000 homes and major commercial quarter planned around HS2 station
3 days ago

Forterra ‘insulated’ from Iran war gas price shocks

Materials giant has short-term energy supplies secured
3 days ago

Keepmoat and Cussins to complete £200m South Shields site

Construction starts on final phase of Holborn regeneration
3 days ago

FRC probes accountants over Vistry South division reporting

Accounting watchdog probes conduct of two former Vistry employees after profit warnings
4 days ago

Costain builds record £7bn order book as profit jumps a third

Stronger margins and cash generation offset lower revenue as transport slows
4 days ago

Bid race starts for £3bn West Midlands framework

Firms fight for 20 spots on third generation building framework
4 days ago

North East Mayor to pump cash into arena and film studio jobs

Kick-start funding for Sunderland film studios and Gateshead arena schemes
4 days ago

Persimmon brick factory working 24/7 to meet demand

In-house materials investment helps boost profits
4 days ago

Two firms and site manager fined after asbestos blunders

HSE steps-in at demolition site riddled with asbestos
4 days ago

Market sounding starts on £46m Mid Wales school

Bids to be invited at end of May for for new Ysgol Bro Hyddgen campus
4 days ago

£150m Cambridge to Cambourne busway job heads for tender

Construction is expected to start in early 2027
5 days ago