Clegg Construction edges back into profit

Nottingham-based contractor Clegg Construction edged back into profit last year after sinking £3m into the red in the prior year.
The employee-owned contractor said that strong trading through the year had been held back by completion of remaining fixed-price contracts secured in earlier years.
These final challenging projects had a cost base from 2020 and included student accommodation, care and residential projects affected by market pressures throughout, including subcontractor failures