Global flexible workspace provider, WeWork, and certain of its entities have filed for protection under Chapter 11 of the US Bankruptcy Code, and intend to file recognition proceedings in Canada under Part IV of the Companies’ Creditors Arrangement Act, as ...
Read More »Edwin James Group sees revenues increase by 22%
The engineering services provider has reported a robust set of results for the year ending February 2023. Edwin James Group stated turnover increased to £175m from £145m in 2022, and EBITDA increased by 16% year-on-year despite the challenging economic environment. ...
Read More »Continued growth in Q3 for ISS
In its latest trading update for 1 January – 30 September 2023, global workplace experience and facilities management firm, ISS, reports continued strong organic growth and strengthened focus on the execution of its OneISS strategy. In Q3 2023 organic growth ...
Read More »Mace Operate returns to Macro brand as it becomes an independent FM business
Mace Operate, the facilities management division of global consultancy and construction company Mace Group, has announced a management buy-out under the name ‘Macro.’ The MBO has been led by Ross Abbate, Mace Operate’s CEO; Chris Bampton, Mace Operate’s CFO; and ...
Read More »Servo renews Ørsted national security services contract
Leeds-based Servo Group has signed a new contract to become the nationwide security services provider for one of the largest renewable energy companies, worldwide. Servo Group has been providing a range of security services at Ørsted Energy sites around the ...
Read More »Carlisle celebrates 23 years at Spurs
Carlisle Support Services is celebrating 23 years of continued service with Tottenham Hotspur, whose stadium was recently awarded the World Football Summit’s Best Venue Award and is home to the world renowned Tottenham Hotspur Football Club, as well as NFL, ...
Read More »Mitie enrols in waste management contract at the University of Leeds
Mitie has been awarded a two-year contract to deliver waste management services for the University of Leeds. This new partnership with Mitie marks the first time that the majority of waste management services across the University will be brought together ...
Read More »West Midlands-based FM firm on track for record year
Following a record period of new business, Diamond Facilities Support is on track to record another year of growth. This year the company, which is headquartered in Birmingham, has added 18 new clients to its books covering multiple sectors and ...
Read More »Sodexo reports strong business growth in Fiscal 2023
Sodexo’s Full Year Group Results for Fiscal 2023 report a “strong performance” which was above guidance and progressively updated during the year. Organic revenue growth at +11.6%, compared to revised guidance of close to +11%; Underlying operating profit margin at ...
Read More »Government tells councils to cease any four-day working week trials ‘immediately’
The Department for Levelling Up, Housing and Communities (DLUHC) has informed councils to stop any four-day week trials “immediately” and rule out adopting the practice in future, to ensure taxpayers’ money is well spent. New government guidance issued to the ...
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