Construction Industry

Balfour Beatty, the UK's largest construction firm, has reported a 4% decrease in operating profits for the first half of the year, down to £77 million from £80 million in the same period last year. This dip comes despite a 3% increase in…

In a significant move within the UK housing market, Blackstone, the American investment giant, has sold over 3,000 shared ownership homes to the Universities Superannuation Scheme (USS) for £405 million. This transaction marks the largest…

The Labour government is nearing a £600 million bailout agreement for British Steel, signaling a fresh commitment to resolving the long-standing impasse in negotiations with the company's Chinese owner, Jingye. The Scunthorpe-based…