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Contract Journal provides the latest commercial news related to the construction sector in UK. Commercial News articles will help you know better about the current trends of the construction industry, and also it helps you to track the performance of top companies and what are all the projects trending in the market.

New Build Exit Weighs on Equans, Resulting in £29 Million Loss

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Equans, acquired by French construction giant Bouygues in 2022, says its renewed focus on student new build, energy retrofit, and housing refurbishment is beginning...

£800m Poplar Estate Overhaul Gets Green Light

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The redevelopment will see the delivery of 1,928 new homes across four phases, complemented by new community facilities, enhanced public spaces, and a fully...

John F Hunt Begins Enabling Works on £200 Million Strand Premier Inn Project

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Whitbread is currently in talks with contractors for the main construction phase of its £200m scheme, with the winning bidder expected to be confirmed...

Universal pushes for accelerated planning approval for new theme park

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Universal has officially submitted a request to the Ministry of Housing, Communities and Local Government to bypass the standard local planning process and secure...

J Coffey Maintains Profit Margins Despite £52m Drop in Revenue

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Revenue for the year ending 30 September declined to £164m, down from £216m the previous year.Despite the drop, directors highlighted the group’s resilience, supported...

Former Mace deputy chairperson Mark Holmes appointed CBE

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Former Mace deputy chairman Mark Holmes has been awarded a CBE for his services to construction, recognising his leadership of Infrastructure Exports UK and...

Britcon Aims for £70m Turnover Following Series of Framework Wins

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Britcon, the civil engineering, building, and structural steel specialist, has laid a solid foundation for future growth after reporting a 10% increase in revenue...

Willmott Dixon Secures £49m Contract for East London Business School

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The project will deliver a 6,700m², seven-storey facility at the current Mile End campus, replacing outdated infrastructure with a modern, purpose-built academic building. Reports Contract...

Scotland eyes £3bn cladding fix as levy targets house builder

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The Scottish Government has introduced the Building Safety Levy (Scotland) Bill, aiming to generate £30 million annually through a tax on select new residential...

Rydon Reports Lower Losses After £27m Fire Safety Outlay

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The group invested £27m over the year in remediation work required under the government’s developer remediation contract, reporting that 87% of its buildings are...
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