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The Latest Breaking News from Travis Perkins

Poem of the week: Gravel by Maurice Riordan

There’s a wry smile underlying Riordan’s examination of the greatness and smallness of a heap of gravel

The Guardian - UK

Travis Perkins boss blames ‘distraction’ as profit outlook cut once again

New chief executive Pete Redfern will take direct control of the struggling general merchant division alongside the top job under turnaround efforts.

Evening Standard

Barratt to build fewer houses this year despite Labour pledge to fix shortage

Housebuilder cites economic and political uncertainty as expected number of completed homes drops by up to 7%

The Guardian - UK

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read the most diverse news in one place.

Travis Perkins boss to go as house market slowdown hits the boardroom

The builders merchant had issued a string of profit warnings as higher mortgage costs choked off home moves

Evening Standard

FTSE 100 Live: Shares set for strong week; Tesco offers inflation hope; gilts still near 15-year highs

Tesco’s latest sales update and a profit warning by Travis Perkins are among key developments in the City today.

Evening Standard

Travis Perkins sets out plan to train 10,000 apprentices

Nick Roberts, chief executive officer of the company, said the ambition will bring “fresh talent” and improve diversity in the industry.

The Independent UK

DIY and building brand axes 400 jobs and closes 19 branches to cut £25million in costs

Travis Perkins reported a 20% fall in pre-tax profits to £245million for 2022 and has slashed its investment plans due to “expected lower levels of activity in the UK construction sector in the year ahead”

Daily Mirror

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Profits slump at builders’ merchant Travis Perkins forced 400 jobs to be cut and 19 branches to close

Northampton-based business made cuts from its 20,000-strong workforce and 1,500 branches

Birmingham Post

Travis Perkins has axed 400 jobs and shut 19 branches

The details came as Travis Perkins reported a 20% tumble in pre-tax profits to £245 million for 2022

Wales Online

Hundreds of jobs as major development approved for old Total Fuel site in Colwick

New industrial units will be built

Nottingham Post

UK Startup Tevva Begins Building 7.5-Tonne Electric Truck

The company wants to sell 1,000 of these electric and hydrogen range extender trucks this year to customers like the Royal Mail or Travis Perkins.

InsideEVs

Blitz spirit returns as families stock up on torches, generators and tinned food

Amid fears of a National Grid power cut, Travis Perkins said sales of £200 generators leapt 200% in the first 11 days of October compared with the same time last year - as people also snapping up cheaper wartime grub like Spam.

Daily Mirror

‘He thought he left it short’: Caddie Travis Perkins on the 38-footer that Sam Burns buried to win the 2022 Charles Schwab Challenge

Caddie Travis Perkins talks about Sam Burns' playoff win at the 2022 Charles Schwab Challenge.

USA Today Sports Media Group

Conversations with Champions, presented by Sentry: Caddie Travis Perkins on the hot putter of ‘Bermuda Burns’ at 2022 Valspar Championship

With his win at the Valspar Championship, Sam Burns and caddie Travis Perkins now have three wins in 10 months.

USA Today Sports Media Group

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Golf Monthly

Who Is Sam Burns’ Caddie?

Travis Perkins has caddied for Burns throughout his professional career, but who is he?

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