construction news

A total of 22 contractors have secured spots on Prosper’s new £500m New Build Development Framework covering England and Wales. Among the main multi-regional lot winners were Etec Contract Services, Caddick and Adderstone Living. The four-year deal spans 12 lots...

Profits have jumped again at North of England contractor Esh Group with Chief Executive Andy Radcliffe full of confidence for future trading. Latest results for the year to December 31 2024 show pre-tax profits up to £5m from £3.1m last time as turnover ticked-up to...

Morgan Sindall has delivered another record-breaking first half on the back of surging profits from its fit-out and construction arms. Across the group revenue rose 7% to £2.4bn in the six month to the end of June with pre-tax profit up 37% to £96m. The strong...

North London civil engineering firm Galldris has become the latest contractor to transition to an Employee Ownership Trust (EOT). Donal Gallagher and Sean O’Driscoll who founded the business in 1998 will remain involved in the day to day running of Galldris....

Fierce competition for electricity connections is creating serious headaches for developers, with grid delays now on par with planning as a top risk to project delivery. Turner & Townsend’s latest tender price forecast warns that access to power has become a key...

Forterra is  closing down its Formpave block paving and the Bison Bespoke precast businesses. The materials giant said the move will cost £4m and allow it to focus on core operations. Formpave manufactures and sells concrete block paving, with 2024 full year revenue...

Vistry and Kier Property have teamed up for the third time to drive forward a 343-home scheme in South Wokingham, kicking off the first phase of a strategic development site earmarked for 1,400 homes. The Holme Meadows scheme, located within Wokingham Borough...