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Sunday 8 November 2026 · London closed
Financial News
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The latest data reveals sustained growth in UK construction site wages, rising for the fifth consecutive quarter.In Q2 2024, average site wages increased by 2.4% quarter-on-quarter and 4.6% year-on-year.Skilled mechanical…
McLaren Construction has embarked on a significant £28m project: Omega West Unit 4 in Warrington.The project is a massive 420,000 sq ft development with comprehensive facilities.Environmental challenges have been addressed…
Bowie Construction, a groundworks specialist based in Cambridgeshire, owes over £2 million to its supply chain following its collapse in April.The company's financial woes were linked to significant cash flow…
Curo Construction takes over the £65m Charter residential project in Gravesend, stepping in after Henry, the previous contractor, went under.The Charter project, comprising 242 apartments, was left unfinished when Henry…
Recent claims suggest law firms may have retained significant amounts of interest owed to clients.Amidst rising scrutiny, law firms reportedly accrued as much as £1.3bn in interest on client funds…
In a strategic move to bolster Saudi Arabia's Vision 2030, Jacobs, Mace, and Foster + Partners have been appointed to design and build King Salman International Airport in Riyadh.The project…
Significant progress is being made in the development of a low carbon nuclear research super cluster in Gloucestershire, United Kingdom.Developer Chiltern Vital Berkeley (CVB) has successfully acquired the Berkeley Science…
In July 2024, construction activity in the East Midlands faced challenges, with project starts declining against previous metrics.Project commencements fell short compared to both the previous quarter and the same…
Construction activity in Northern Ireland during July 2024 showcased significant trends, with project starts and detailed planning approvals offering a mixed outlook.Despite project starts signing a marked decline against the…
In July 2024, Scotland's construction sector demonstrated varied performance, reflecting a complex landscape of industry dynamics.Project starts on-site in Scotland experienced an encouraging increase of eight per cent, totalling £1.93…
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