Brandon Hire Station to close 60 branches

Grant Prior 1 day ago
Share

Equipment rental specialist Vp plc is closing 60 Brandon Hire Station branches with the loss of 400 jobs.

The move is a pivot away from the general retail and DIY construction market as Vp focuses on its bigger contractor customers and larger projects through its specialised divisions like Groundforce and TPA.

Brandon Hire Station will now only support Vp’s strategic and B2B customers and will no longer serve the consumer market.

The move comes as Vp posted interim results for the six months to September 30 2025 showing a fall in pre-tax profit to £11m from £19.5m last time as revenue dipped to £188.4m from £192.5m.

Anna Bielby, Chief Executive of Vp plc, said: “Vp’s diversified and resilient businesses have delivered a good result against a challenging and uncertain market backdrop.

“The decisive actions to reposition Brandon Hire Station further progresses the Group’s strategy, ensuring greater focus on higher returns, specialist assets and markets.

“Whilst we expect market conditions to remain difficult in the second half of the year, performance is currently expected to be in line with market expectations.”

Latest news

Crane load failure at Hinkley: Video

Lucky escape as formwork shutter crashes to the ground
59 minutes ago

JP Morgan unveils plan for £3bn London mega-tower

Foster + Partners lined up for three-million sq ft Canary Wharf superstructure housing 12,000 staff
12 hours ago

Modular specialist Thurston files administration notice

Court notice filed by £46.5m turnover business
35 minutes ago

Concrete specialist beats Budget EOT change

Goodmix Concrete sold to staff day before tax relief cut
56 minutes ago

M&E specialist restarts Berwick Hospital job after Merit collapse

Opus takes on most of Merit’s workforce to keep £35m project moving
25 minutes ago

CIS fraud clampdown puts directors in the firing line

Directors made accountable as Treasury cracks down on organised CIS fraud
1 day ago

Council clears way for £10bn Earls Court district

4,000-homes West London super-scheme clears planning hurdle
1 day ago

National Timber Group collapses with over 560 jobs axed

Administrators race to find a buyer to avoid further supply chain disruption
2 days ago

Construction to start next year on Lower Thames Crossing

Public funds for preparatory work on mega-scheme approach £1.5bn
2 days ago

Brandon Hire Station to close 60 branches

Owner Vp to focus on bigger contractor customers and larger projects
1 day ago

Reeves raises taxes on dividends and EOT deals

Tax relief for selling companies to staff cut in half
2 days ago

McLaren wins UK’s largest timber frame office building

William Hare subsidiary to provide frame on nine-storey Xylo building in Clerkenwell
2 days ago

£750m Marlow film studios clears green belt hurdle

Dido Properties wins appeal for 18-stage studio near London
2 days ago

Helical sets start dates for two London overstation jobs

Mace to start £200m Paddington job in Q1 and Southwark tube job next summer
2 days ago

Government goes for £33bn Heathrow third runway plan

Rival Arora scheme loses out as airport operator hopes for speedy planning decision
3 days ago

Hill breaks ground on 166-home Bristol harbourside

JV with council-backed Goram Homes unlocks tricky Spike Island site
2 days ago

Go-ahead for Digbeth 240-home Phoenix Yard scheme

Developer Hartwell's £100m mixed-use neighbourhood advances
2 days ago

Speedy looks to HSS ProService deal to stem losses

Hire giant hopes deal will add £50m+ in annual revenue
2 days ago

Plans for £59m Swadlincote leisure and office hub

South Derbyshire Council plans to start work by next September
2 days ago

Bellrock buys lift specialist

Expanding facilities management firm acquires MW Lift Services
2 days ago

£145m Birmingham towers clear Gateway 2

Midgard set to mobilise as Edition Birmingham gets full sign-off
3 days ago

Deeley returns to profit and eyes £100m milestone

Later living boom powers Midlands family builder rebound
3 days ago

Square Mile Pinners Hall deep retrofit gets go-ahead

Patrizia secures planning for 120,000 sq ft Old Broad Street overhaul
3 days ago

Carbon capture and green materials firm goes under

Carbon8 Systems Limited calls in administrators
4 days ago

Plans go in for vast Ipswich tech park expansion

Phase two of Port One Technology Park submitted for approval
3 days ago

Conamar lands £18m City of London bank refurb

Work to start in January on refit of the former Arbuthnot Bank
3 days ago

Graham wins £142m Edinburgh garrison revamp

Colinton Reserve Centre, Dreghorn and Glencorse barracks set for major rebuilds
4 days ago

RSK Group buys road and rail contractor Octavius

Expanding £2bn+ business swoops for former Osborne civils division
4 days ago

Glasgow’s skyline set for 29-storey student tower

Downing submits plan for riverside tower and two mid-rise blocks
4 days ago

Monster shaft-sinker kicks off Grain–Tilbury power tunnel

Ferrovial BEMO fires up record-breaking machine for National Grid cable tunnel
4 days ago