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.

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...
McLaren appoints former McAlpine commercial director

Former McAlpine commercial director joins old boss at McLaren

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Paul Spiller has been named Group Commercial Director at McLaren Construction. Spiller was previously the London commercial director of Sir Robert McAlpine until leaving...
2,100 homes plan for UK’s largest cluster of Victorian gasholders

UK’s largest cluster of Victorian gasholders set for refurb

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The Bromley by Bow Gasworks site in east London is home to seven decommissioned Grade II gasholders. According to plans drawn up by architect...
Mace to start £230m Landsec London office job

Mace won the tender for £250m Landsec office job

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The decision to proceed with the main construction of the 380,000 sq ft project on Lavington Street in Southwark, according to Landsec, demonstrates its...
Eric Wright Construction returns to profit

Eric Wright Positive Despite Profit Dip

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Eric Wright Construction has returned to profitability, posting a pre-tax profit of £828,000, its highest return in 11 years. Turnover at the construction arm...
Green light for Canada Water commercial scheme

Green light for huge commercial scheme of Canada Water

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British Land has been given permission to proceed with plans for a new town centre at Canada Water, which will include three million square...
Kier gets start date for delayed £36m eye hospital

Start in sight for Sunderland’s £36m eye hospital

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Contract Journal reports that Kier was named the preferred bidder in November 2021, with work scheduled to begin in the summer of 2022. South...
Skanska UK construction profit and turnover soar

Skanska UK construction profit and turnover soar

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According to Contract Journal, Skanska UK grew in revenue and profit in 2022. Pre-tax earnings for the contractor increased to £55 million, up 59%...

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