Tide unlocks £500m of projects after Gateway 2 approvals
Modular tower specialist Tide Construction has finally secured building safety regulator approvals on several major schemes, releasing more than £500m of projects after Gateway 2 delays hit turnover last year.
The contractor saw turnover slump 42% to £109m in the year to 31 August 2025, while pre-tax profit fell to £2.3m from £4.9m as the firm waited for regulatory sign-off on several projects.
A spokesman for Tide said: “With the requirements of the Building Safety