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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.

Mace to axe 300 jobs after 150 staff redeployed

Mace to axe 300 jobs after 150 staff redeployed

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Mace has joined the list of contractors who has disclosed their redundancy plans due to the impact of coronavirus on market. Mace has unveiled...
Deal worth £170m signed for Meridian Water infrastructure

Deal worth £170m signed for Meridian Water infrastructure

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A £170m Government funding is signed by North London’s Enfield Council to deliver infrastructure to unlock the £6bn Meridian Water project. A planning permission...
M Group Services gain an exchange contract with Skanska

M Group Services gain an exchange contract with Skanska

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M Group Services is taking over the highway maintenance and street lighting business contract from Skanska. This £50m acquisition is an exchange over the...

Glencar Secures Panattoni Contract for New Unit at Essex Business Park

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Panattoni Park Braintree will form an extension to the existing Horizon 120 Business Park, currently being developed by European logistics leader Panattoni.The project will...

Elevator speed record by Hitachi

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The Hitachi elevator has created a record for its speed in Guangzhou CTF Finance Centre which is a skyscraper complex in Guangzhou China. The...
BAM imposes 20% salary cut for all the workers

BAM imposes 20% salary cut for all the workers

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BAM construction has imposed 20% pay cut for three months for all the workforce besides the 2019 bonus payout cut. The pay cut regulation...
Willmott Dixon to deliver £65m Peterborough housing scheme

Sign-up of Barking estate next phase rebuild completed with £40m contract for Willmott Dixon

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The £40m contract was awarded to Willmott Dixon as the next stage of Gascoigne estate regeneration came into play. This project in Barking, east...
YORbuild major works framework winners revealed

YORbuild major works framework winners revealed

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The winners are revealed for the new YORbuild major work deal for the next four years to deliver £1.5bn of capital projects. The framework...

McAlpine has won November contracts league race

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McAlpine to the topped the November’s contracts league. McAlpine has secured the £260m Gateshead Quays Art and Leisure Complex for Gateshead Council and a...
£600m prefab framework allotted to three contractors

Ilke partners to develop site in Stanford-le-Hope with acquisition of £44m

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Ilke Homes, known to be a Modular house-builder, is being backed by Gresham House Residential Secure Income with a £44m order coming its way...

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