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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.

Growth in health infrastructure with new building program

Growth in health infrastructure with new building program

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An exciting project is underway as the Princess Alexandra Hospital NHS Trust is working to build a healthcare campus. This being a part of...
Development financing package set up for new £230m Marylebone hotel

Development financing package set up for new £230m Marylebone hotel

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The funding deal with £230m for the new Marylebone hotel is confirmed by Shiva Hotels Group. This secured package will layout a luxury lifestyle...
Avant gets green signal for Micklefield development worth £49m

Approval gained for Avant Homes Waverley

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Avant Homes has gained planning permission for a £42.7m development in Rotherham and will build a further 144 homes on Harworth Estates’ Waverley development....

Brookfield Secures Approval for New City of London Office Tower

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Architectural firm Allford Hall Monaghan Morris has led the redevelopment of the former Milton Gate building, embracing a retrofit-first strategy that preserves 70% of...
Morgan Sindall starts £31m Leeds resi scheme

Morgan Sindall builds first all-through school at Southampton

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Southampton will soon witness an all-through school at St Mark’s Church. This new school building worth £40m works is already started by Morgan Sindall...
Morgan Sindall hires former Skanska finance director

Former Skanska CFO returns to construction with Morgan Sindall

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Demonstrating careful succession planning, Morgan Sindall announced today that its Chief Financial Officer Steve Crummett has informed the Board of his intention to retire...
Mace chief executive is in self-isolation after his wife shows symptoms

Mace chief executive is in self-isolation after his wife shows symptoms

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Mark Reynolds (Mace chief executive) has kept himself in self-isolation as his wife has shown possible COVID-19 symptoms. He has mentioned through LinkedIn that the...

McGee Reports £2.8m Loss Following Hotel Client Collapse

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The setback wiped out the employee-owned groundwork and demolition firm's £5.3 million profit from the previous year. Turnover also fell 11% to £134 million...
Balfour Beatty US arm to pay £49m after pleading guilty to fraud

Balfour Beatty US arm to pay £49m after pleading guilty to fraud

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Balfour Beatty’s US arm is guilty to major fraud on its military housing maintenance contract, hence has been ordered to pay out £49m fine. The...
Arcadis: Construction is to Avoid a Hard-Landing Recession

Construction to avoid hard-landing recession

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Leading cost advisor Arcadis is issuing a warning that the current market cycle has peaked as the effects of record increases in energy prices...

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