Persimmon Warns of Mounting Supply Chain Cost Pressure
Persimmon warned that early signs of renewed cost inflation are emerging in its supply chain as fuel and energy prices rise, despite a solid start to 2026 trading. First‑quarter private sales per outlet grew 3% to 0.76 and forward sales jumped 7% to £1.8bn (~$2.3bn), while average selling prices rose 5% to £306,900 (~$390k). The builder expects the inflationary pressure to intensify in the second half of 2026 and into 2027, prompting tighter cost controls and a reliance on its vertically integrated model. It still projects 12,000‑12,500 completions this year and a pre‑tax profit in line with market expectations.
JRL Lands 608-Home London Thames City Phase 2
JRL Group has won the design‑and‑build contract for Phase 2 of the Thames City residential scheme at Nine Elms, London. The phase will add 608 flats across five mansion‑block towers ranging from 12 to 22 storeys, with a value exceeding £300 million (about...
Bristol Backs 28-Storey Student Tower at Cabot Gate
Bristol City Council has given the green light to Hammerson’s plan to convert underused land beside Cabot Circus into a mixed‑use precinct anchored by a 28‑storey, octagonal student tower. Designed by Allford Hall Monaghan Morris, the development will feature student...
Graham to Deliver First Phase of Solihull Town Centre Revamp
GRAHAM has signed a Pre‑Construction Services Agreement to deliver the first phase of the Holbeche Place redevelopment in Solihull town centre. The phase will create 346 build‑to‑rent homes across four towers, complemented by ground‑floor retail and amenity space. Demolition of...
Balfour Gets Start Date for £54m Middlewich Bypass
Balfour Beatty has received the green light to start construction on the £54 million (≈$69 million) Middlewich Eastern Bypass in Cheshire, a 2.5 km road slated to begin next month. The scheme, procured through the SCAPE framework, includes two major junctions, a new...
Engineering Construction Workers Land 4.5% Pay Rise
UK engineering construction workers secured a 4.5% pay rise under the NAECI agreement after a narrow vote by 3,000 members. The increase translates to roughly £2,000 (about $2,560) per worker on average. The deal follows a rejected 3.6% offer and...
Benniman Rides Logistics Boom to £140m Turnover
Benniman, a Bromsgrove‑based builder and developer, reported revenue of £140m ($178m) for the year to December 2025, up from £100m ($127m) a year earlier. Pre‑tax profit climbed 27% to £8.9m ($11.3m) and operating profit rose while margins stayed stable amid...
Reds10 Lands £22.5m Modular School Job in Leicestershire
Reds10 secured a £22.5 million (≈$28.5 million) contract to deliver a 103‑module STEAM school in Leicestershire, with about 87% of the building prefabricated at its Driffield facility. Site preparation is under way, factory production will start later this year and modules are...
Crest Nicholson in Talks with Lenders as Market Tanks
UK housebuilder Crest Nicholson has entered discussions with its lenders to obtain temporary relief on banking covenants after issuing a profit warning. The company now expects annual unit sales of 1,400‑1,500 homes, down from its prior 1,550‑1,700 guidance, and land‑sale...
HW Martin Tops £300m as Traffic Arm Leads Charge
HW Martin Holdings posted a record £316 million ($401 million) turnover for the year to July 2025, an 18% increase driven largely by its traffic‑management division. However, operating profit slipped to £25 million ($31.8 million) and pre‑tax profit fell to £27 million ($34.3 million), pushing the operating margin...
Graham Lands University of Bath 960-Bed Campus Job
Graham has secured a two‑stage pre‑construction services agreement to deliver a 960‑bed purpose‑built student accommodation on the eastern edge of the University of Bath campus, under the Southern Construction Framework. The contract positions Graham for the main build once design...
Kier Lands £70m Sizewell C Gateway Civils Job
Kier has secured a £70 million (≈$90 million) contract to build the North Plaza gateway for the Sizewell C nuclear power project, a 15‑hectare site that will manage worker access, deliveries and security screening. The plaza will become the primary entry point to...
GMI Seals £40m Deal for Tiger Developments
GMI has committed a £40 million (≈ $51 million) financing package to Tiger Developments for the Carmoor Road student housing project in Manchester. The development will deliver 172 studio and cluster apartments within walking distance of the University of Manchester and the broader...
Lindum Hands Staff £2m Windfall From Profits
Lincoln‑based contractor Lindum returned more than £2 million (≈$2.6 million) to its workforce in 2025 through a profit‑share scheme and a dividend payout. The profit‑related pay allocated 10% of annual earnings, delivering an average £1,500 (≈$1,920) bonus per employee, while shareholders received...
London Fit Out Boom Sees Profits Surge at BW
BW: Workplace Experts reported a 132% jump in pre‑tax profit to £13.9 million ($17.4 M) for the year ending 31 December 2025, driven by robust demand in its core London fit‑out market. Revenue rose a third to £326.7 million ($408 M), and the firm now has...
MCS Group Lands £22m Walsall Warehouse Deal
MCS Group has obtained detailed planning consent for a speculative warehouse development in Walsall worth £22 million (approximately $28 million). The project will deliver 93,110 sq ft across six Grade A units, with site clearance already under way. Main construction is slated to begin in...
Network Rail Lines up £450m Scotland Electrification Deal
Network Rail has issued a £450 million ($576 million) framework to accelerate rail electrification across Scotland, targeting core overhead line and power upgrades. The contract will be awarded to a single supplier under a quality‑price split, covering design, delivery, and hand‑over phases....
McAvoy Go-Ahead for £65m Bradford Hospital Overhaul
The UK government has approved a £65 million (≈ $82 million) overhaul of Bradford District Care NHS Foundation Trust’s mental health facilities, with £50 million (≈ $63.5 million) coming from public funds. McAvoy will build a modular two‑storey ward block and refurbish two existing wards to...
Rolls Royce Signs Small Nuclear Plants Contract
Rolls‑Royce SMR has secured the UK government’s preferred technology contract for small modular reactors, backed by £2.6 billion (≈ $3.3 billion) allocated in the 2025 Spending Review. The first project will be built at Wylfa on Anglesey, targeting peak construction employment of around...
MPB Builds £160m Pipeline as Public Sector Pivot Pays Off
MPB Structures has pivoted sharply toward public‑sector and infrastructure work, driving a £160 million (≈$205 million) order book that is now 65% government‑backed. Turnover slipped to £106 million (≈$136 million) but pre‑tax profit held at £4.1 million, lifting margins to 3.9%. Cash on hand more...
Guildmore Hires United Living Retrofit Chief
Guildmore has appointed the former head of retrofit at United Infrastructure, Whiterod, to lead its next phase of growth. He arrives with more than 15 years of construction and social‑housing experience, including national‑scale decarbonisation programmes. The new role will oversee a...
Government Gives £380m Grant to Agratas Gigafactory
The UK government has pledged a £380 million grant (about $483 million) to Agratas for a new battery gigafactory in Somerset. The plant will produce lithium‑ion cells for Jaguar Land Rover, Agratas’s anchor customer, and is slated to employ over 2,200 workers...
Plans Go in for First Phase of 1.6m Sq Ft Mix Manchester
Mix Manchester has lodged its first hybrid planning application for the initial phase of a 1.6 million‑square‑foot mixed‑use campus. The phase includes 70,000 sq ft of flexible mid‑tech workspace, a 1,500‑space multi‑storey mobility hub with cycling facilities, and ground‑floor commercial uses. It also...
Manchester Tower Deal Finally Unlocked After Four-Year Stall
A stalled 15‑storey, 107‑flat residential tower in Manchester’s Piccadilly East has been revived through a new public‑private partnership. The project has been transferred to the £860 million (≈$1.1 billion) Impact&Places Fund, backed by Homes England, Swiss Life Asset Managers and Capital&Centric. Swiss...
Buyers Report Construction Cost Surge
UK construction buyers reported the steepest cost‑inflation surge since November 2022, with the Input Prices Index reaching its highest level in over three years. Output continued to contract, the S&P Global UK Construction PMI staying below the neutral 50 mark...
VINCI Bags Landmark £100m Morecambe Eden Job
VINCI Building has secured the £100 million (≈$125 million) Eden Project Morecambe contract, beating rival Kier. The scheme, approved last month, aims to open its first phase in early 2027 with full completion by 2028. Selected as the most economically advantageous bidder...
United Infrastructure Exits Housing with MBO of Homes Arm
United Infrastructure has divested its housing business through a management buy‑out led by Andrew McDonough, the former managing director of its multi‑family arm. The transaction leaves all existing projects, staff and the legal entity unchanged, while retiring the United Living...
Strabag Buys Structural Steelwork Specialist Crofton
Strabag has completed the acquisition of Crofton, a UK structural steelwork specialist founded in 1953. Crofton will continue operating under its own name from its Linton premises, retaining its senior management team. The purchase aligns with Strabag’s global‑local growth model,...
Berkeley Fires up 1,000-Home Sutton Scheme
London‑based developer Berkeley has launched the Sutton scheme, a 5.6‑acre brownfield redevelopment in Sutton that will deliver around 1,000 homes across eight mid‑rise towers. The mixed‑use project includes 8,500 sq ft of commercial space, 1.1 acres of public green area and a suite...
Graham Set for £284m London Met Uni Revamp
Construction firm Graham has been named the strategic delivery partner for London Metropolitan University’s £284 million estate transformation, emerging as the sole bidder in the long‑running procurement. The contract, running to 2031 with an optional extension to 2036, combines capital works...
Ardmore to Appeal Landmark £15m Building Safety Act Ruling
Ardmore will appeal a High Court ruling that applies the Building Safety Act 2022 to its entire corporate group, imposing a £14.9 million fire‑safety defects bill after its main contracting arm entered administration. The judgment in Crest Nicholson v Ardmore grants...