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.

https://www.contractjournal.co.uk/vistry-signs-to-build-1750-private-rental-housesin-580m-deal/

consultancy  Firm RSK Group secures £500m for fresh acquisitions spree

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The Cheshire-based group RSK, which employs 15,000 people and operates in 40 countries, has secured investment from a consortium led by Searchlight Capital Partners...
Vistry signs to build 1,750 private rental Housesin £580m deal

Vistry signs to build 1,750  private rental Housesin £580m deal

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A significant development worth £580m is underway, with Blackstone Real Estate and Regis set to own the properties, managed by Leaf Living. The portfolio,...

Morgan Sindall Secures £60m Worth of NHS hospital upgrade Projects

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The tier one contractor’s Essex division has been chosen for six projects under the new ProCure23 framework. Peter Whitmore, managing director for Morgan Sindall Construction...
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...

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