Commercial News | Latest Construction News - Part 18

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.

Hope for 2023 start on £450m Sunderland film studios

£450m film studios plan to make Sunderland a European industry leader

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The Crown Works Studios will be built on ground that extends up from Pallion Shipyard on the banks of the river Wear, according to...
BAM wins £290m Truro women and children’s hospital

BAM wins £290m Truro women and children’s hospital

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The £290 million project will replace the existing Princess Alexandra Wing at the Royal Cornwall Hospital in Truro. The proposed 24,500m2 building will house...
Balfour Beatty bags £17m Kincardine Bridge upgrade

£17m Kincardine Bridge upgrade to go ahead with Balfour Beatty

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The project will involve demolishing the Kincardine Bridge's southern piled viaduct and replacing it with a completely new reinforced concrete structure, with main construction...
Inflation added £23bn to the cost of construction last year

Inflation ‘adds £23bn to annual construction output costs’

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This is the first time annual construction value has surpassed £200 billion, representing a 15% increase in nominal terms over 2021 output values. According...
Mace wins £150m over-station job at Liverpool Street

Mace appointed to £150M Liverpool Street over-station development

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For the £150 million development at 1 Liverpool Street in the City of London, Mace has been chosen as the principle contractor. After being...
Australian firm to buy £300m gigaplant backer Britishvolt

UK battery startup to be acquired by an Australian company

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The favoured bidder for the auto battery manufacturer Britishvolt, which entered administration last month, has been identified as an Australian company. When project funding...
Eurocell gets £1m insurance payout after cyber attack

Eurocell got £1m insurance payout following a cyber attack

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The data breach hampered trading in July, which allowed an unauthorised third party to access worker information. The end of July saw a cyber intrusion...
Garden village in Darlington gets £43m infrastructure cash

Government puts £43m towards Darlington Burtree Garden Village

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Over a 20-year period, 2,000 new houses will be constructed on the site, along with up to 200,000 square metres of commercial space. 750...
Alun Griffiths poaches Farrans director as new MD

Civils specialist Alun Griffiths names new MD

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Construction News can confirm that Alun Griffiths has appointed the longtime managing director of Farrans to the position. This month, David Parr replaced Stephen Tomkins,...
West Yorkshire transport schemes delayed to save £270m

Transport schemes in West Yorkshire worth about £270m are to be placed on hold

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The West Yorkshire Combined Authority (WYCA) stated it had identified approximately 40 developments that may be "paused" to relieve budgetary concerns. The delays would...

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