Commercial News | Latest Construction News - Part 2

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.

Investment Giant Acquires Phoenix ME  

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The deal will see Phoenix's CEO Lee Compton reinvest alongside H.I.G., while the company's existing management team will remain in place to lead the...

Vistry Suppliers Face Potential Trade Credit Cover Cuts 

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Credit insurance cover for suppliers to Vistry could be reduced by as much as 70% in some cases, as the housebuilder steps up efforts...

M&E Specialist ACES Files for Administration

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The Bristol-based MEP specialist has filed a notice of intention to appoint administrators at the High Court, giving the company temporary protection from creditor...

Portsmouth Selects ECF for 2,300-Home City Centre Regeneration 

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The agreement could unlock one of the South Coast's largest mixed-use regeneration projects, transforming a major brownfield site in the centre of Portsmouth that...

Kier Wins Largest Sewage Treatment Contract to Date

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The contractor has secured an £8.7 million early contractor involvement (ECI) contract to help develop Thames Water's flagship AMP8 infrastructure project, supporting the design...

Forshaw Demolition Enters Administration

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The family-owned demolition contractor was established in 2003 and built a reputation for delivering specialist demolition packages worth up to £2 million on projects...

Tribe Submits Twin Student Tower Plan in Greenwich 

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A new planning application proposes the construction of a 27-storey purpose-built student accommodation (PBSA) tower providing 673 student bedrooms, alongside a 23-storey co-living building...

Ibstock Reports £27m Loss as Brick Demand Slumps

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The company reported a pre-tax loss of £8 million for the latest financial year, compared with a profit of £8 million in the previous...

Swindon Groundworks Firm Files for Administration Notice

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The Swindon-based civil engineering and groundworks contractor has built a strong reputation delivering infrastructure and groundworks projects for the regional divisions of leading UK...

Formation Secures Gateway 2 Approval for Hyde Greenwich Homes

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The Eastmoor Street development represents Hyde's first residential project within the wider Charlton Riverside Opportunity Area, where the housing association has planning consent to...

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