Crest Nicholson returns to profitCrest Nicholson is back in the black after big losses last year driven by provisions for fire safety remediation work.
The house builder is also reaping the benefits of a transformation strategy targeting the mid-premium market led by new CEO Martyn Clark.
Results for the six months to April 30 2025 show pre-tax profits of £9.4m from a £30.9m loss last time on…
JN Bentley profit surges as revenue tops £500mCivil engineering and MEICA contractor JN Bentley broke through the £500m turnover mark for the first time last year, with pre-tax profits climbing 39% to £19m on the back of a strong end to the AMP7 regulatory cycle.
The Skipton-based firm, part of the Mott MacDonald Group, credited its direct-delivery model and tight operational controls for…
Willmott Dixon bags £49m East London business school jobWillmott Dixon has been picked to deliver a £49m rebuild of Queen Mary University of London’s School of Business and Management in Tower Hamlets.
The project will see a 6,700m² seven-storey building rise on the current Mile End site, replacing outdated facilities.
Due to complete in 2027, the scheme will provide flexible teaching and…
Another extension for competition probe into house buildersThe Government’s competition watchdog has extended its investigation further into suspected breaches of competition law by seven major house builders.
The Competition and Markets Authority launched a probe in February 2024 after uncovering evidence during a far-reaching study into housing market delivery that indicated some hous…
WSP to buy RicardoConsulting giant WSP has struck a £281m deal to acquire London-listed rival Ricardo.
Ricardo has headquarters in the UK and operates across 20 countries employing 2,700 staff.
The firm has been undergoing a restructuring to concentrate on its environment and energy and rail business and WSP said its more niche Automotive and Industrial and Performance Products divison is…
TClarke jumps to top of M&E firms rankingsTClarke has stormed to the top of the M&E contractor rankings after reporting bumper revenue fuelled by data centre work.
The top 30 M&E contractors delivered a strong year of growth last year, collectively raising revenue by 27% to £6.3bn.
Figures collected by consultant GHCS and sector trade body BESA reveal a sector quietly transforming itself to…
Plan to double affordable homes spend at centre of spending reviewChancellor Rachel Reeves will today unveil the biggest investment in social and affordable housing in a generation, with £39bn earmarked over the next decade.
The new Affordable Homes Programme will form the centrepiece of the Spending Review, delivering long-term certainty for developers and doubling current investment…
JRL plans Sutton 12-storey office to co-living revampJRL Group has teamed up with Halcyon Development Partners to transform a vacant 12-storey office block in Sutton town centre into a 359-unit co-living scheme.
The St Nicholas House plan will see the outdated office block repurposed and raised to 15-floors under a major retention strategy aimed at cutting carbon emissions.
The move supports…
Lindum lands £44m automation centre contractAshfield District Council has appointed Lindum Group as main contractor for the £44m Automated Distribution and Manufacturing Centre (ADMC).
The national centre of excellence for automation will be the flagship building on the wider £100m Ashfield Innovation and Technology Park on Lowmoor Road, Sutton-in-Ashfield.
Construction will start this summer…
Esh seals £160m sewer repairs deal with Northumbrian WaterEsh Construction has been confirmed as the sole contractor for Northumbrian Water’s £160m Wastewater Networks Framework.
The eight-year deal is worth up to £20m a year and covers planned and emergency maintenance across the utility’s sewer network, delivered 24/7 year-round.
It cements a 25-year relationship between Esh and…