Commercial News | Latest Construction News - Part 11

Commercial News

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.

Former Crossrail chief Mark Wild appointed to lead HS2

Former Crossrail chief Mark Wild appointed to lead HS2

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The former head of the extensive Crossrail project in London, Mark Wild, has been appointed as the new chief executive of HS2. Reports Construction...

National Grid plans £7bn capital raise for big infrastructure upgrade

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National Grid is set to invest approximately £60 billion in its networks, with more than £30 billion dedicated to expanding and upgrading UK infrastructure....
Heidelberg Materials buys aggregates and earthworks specialist B&A

Heidelberg Materialsbuys aggregates and earthworks specialist B&A

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The move follows Heidelberg's recent acquisition of the earthmoving and demolition waste recycling contractor Mick George Group last month. Bristol-based B&A employs a team of...
Shareholders of Barratt and Redrow approve £2.5bn merge of two companies

Shareholders of  Barratt and Redrow approve £2.5bn merge of two companies 

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The proposed merger would create a powerhouse in the house building industry, boasting a turnover of £7.45 billion annually and an impressive delivery of...
Modular house builder TopHat reveals departure Of Managing director

Modular house builder TopHat reveals departure Of Managing director

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Andrew Shepherd had held the position at the Goldman Sachs-backed builder since October 2020. Andrew mentioned:  “After a roller-coaster near-four years in the world of...
Heidelberg takeover of Mick George approved by CMA

Watchdog clears Heidelberg takeover of Mick George

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Heidelberg announced the acquisition of Mick George, the £220m company, last year to enhance the circular materials offering and complement the existing aggregates and...
Surge in new data centre projects sparks new work opportunities

Surge in New Data Centre Projects Sparks New Work Opportunities

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The development of new data centre projects for various public and private institutions of the country is the major driver of the construction sector...
McLaren lands another £240m Reading site

McLaren lands another £240m Reading site

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The £240m Minster Quarter scheme in Reading has an appointed preferred bidder by McLaren Living. The site will provide 612 homes together with a...
Arup revenue tops £2bn for the first time

Arup revenue increases by a fifth to £2.2bn

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Sales growth of 14% was driven primarily by the energy and water sector, resulting in pre-tax profits of around £39m, up 6% in 2022...
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...

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