Financial & Legal
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Geneva remains construction’s costliest city as London ranks second globally. Arcadis places Zurich, Munich, and Copenhagen behind them as capital becomes more selective across complex urban building markets.
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Morris & Spottiswood posts record turnover and stronger profits again. Group revenue rose 34% to £230.98m in 2025, while pre-tax profit increased 46% to £6.92m.
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JRL returns to profit after restructuring and £50m investment backing. The group reported £2.9m pre-tax profit, an £8.6m operating profit, and a record order book above £2bn.
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SCAPE has opened bidding for its next regional construction framework. Twelve contractors could secure access to £1.2bn of public-sector projects across four English regions, with individual schemes valued at up to £15m.
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Seddon increased construction profit despite flat turnover and delayed starts. Property services, refurbishment, maintenance, and decarbonisation work helped lift operating margin from 1.6% to 2.2%.
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Building safety assessments will become more targeted under revised regulation. Existing cases will take priority while reassessment routes and support for resident-led accountable persons are developed.
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Esh Group has reported record profit after disciplined contract selection. Turnover rose 17% as pre-tax profit increased to £15m.
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Middlewood Locks has secured backing for its next residential phase. The funding will support design and enabling works for 909 homes.
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Eastleigh is seeking a contractor for major housing infrastructure works. The £100m One Horton Heath package covers 424 homes and enabling works.
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Construction leaders have urged ministers to protect infrastructure investment certainty. The sector says repeated funding resets weaken confidence, skills planning, and delivery capacity.