Increased regulatory burden hits revenues at construction group
Construction industry services group, Horbury Group, has reported a year-on-year reduction in revenue in its results for the year ended 31 May 2026.
The Rotherham-headquartered group, which employed an average of 185 workers in 2026, records turnover of £69.7m (2025: £74.5m) and pre-tax profits of £1.1m (2025: £1m).
The group's report states: "The Building Safety Act 2022 (BSA) has had a mixed impact on construction industry growth during the period.
"While its emphasis on higher standards, resident safety, and clearer ac... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...