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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.

RSK to own Binnies with the acquisition into its group

RSK to own Binnies with the acquisition into its group

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RSK is setting out its time with the final talks to pull Binnie & Partners into its group and acquire the ownership for one...
Morgan Sindall starts £31m Leeds resi scheme

Morgan Sindall to restart paying dividends by upgrading profit forecasts

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Morgan Sindall made an upgrade for its profit forecasts after a strong recovery from the first pandemic lockdown. This will allow Morgan Sindall to...
World’s tallest octagonal residential tower plans submitted

Plans unveiled for the world’s tallest octagonal residential building

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Plans are unveiled for the world's tallest octagonal residential tower by Developer Argent at Paradise site in Birmingham. The Octagon tower is designed by...
BAM to work on £300m Gateshead arena

BAM to work on £300m Gateshead arena

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BAM Construction to start working on the initial preparation works for the Gateshead arena project as per the instructions from Developer Ask PATRIZIA. Sir Robert...
One month extension for Furlough job scheme

One month extension for Furlough job scheme

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One month extension has been added to the government’s furlough job-protection scheme until the end of June. There are thousands of  construction staff who...
Stornoway port project worth £49m to start soon

Stornoway port project worth £49m to start soon

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With the confirmation of a £49m investment package, works are yet to take place soon for the Stornoway Deep Water Terminal project. This will...
Skanska is selling rail, highways and lighting maintenance

Skanska is selling rail, highways and lighting maintenance

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Skanska is selling the rail, highways and lighting maintenance in order to concentrate on core building and infrastructure construction. Skanska has started marketing its...
Skanska UK construction profit and turnover soar

Skanska UK construction profit and turnover soar

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According to Contract Journal, Skanska UK grew in revenue and profit in 2022. Pre-tax earnings for the contractor increased to £55 million, up 59%...
McGoff wins contracts worth over £100m

McGoff wins contracts worth over £100m

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McGoff is set to start work in 2021 for the secured contracts of £100m plus worth and are related to the care and education...
Wates receives green light for underground houses project

Wates to take up £50m emergency works framework

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Wates Property Services will start work after it has won a framework contract from London Boroughs. This will provide rapid responsive service for dangerous...

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