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New MD at Wates Construction London

Family-owned development, building and property maintenance firm, Wates Group has appointed George Mosey as Managing Director for Construction London. Since joining Wates in March 2025 as UK Operations Director, Mosey has focused on driving forward safety, quality, sustainability and operational ...

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Construction faces ‘productivity paralysis’ as Middle East conflict drives uncertainty

Construction companies risk becoming stuck in a productivity ‘paralysis’ over economic uncertainty and geopolitical instability, warns multi-disciplinary consultancy Pick Everard. The consultancy firm says mitigating the impact of inflation and supply chain disruption requires active planning to overcome the threat of ...

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Majority of construction professionals see AI as retention enabler, not job threat

More than half of construction professionals would be more likely to stay with their current organisation if it significantly increased its investment in AI and technology tools, with one in four saying they would be significantly more likely to stay. ...

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Wates achieves record turnover in 2025

Family-owned construction, development and property services company, Wates Group, has delivered record turnover and its largest-ever pipeline of work in 2025. Reporting a strong and resilient performance, the Group achieved its “best-ever” turnover of £2.56bn in 2025 and statutory profit ...

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Gleeds Market Report shows industry fears grow as Iran war fuels market volatility

The latest Market Report from international property and construction consultancy, Gleeds, has revealed growing concern from the sector over the long-term implications of the Iran war. Global conflicts overtook interest rates and inflation as the primary threat to the industry ...

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RED Group restructures for next phase of growth

Coinciding with its 10th anniversary, London-based specialist main contractor, RED Group, has reorganised the business to facilitate the next phase of its growth. The company delivered a turnover of £170 million in the last financial year and is set to ...

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Leadership changes at Gleeds

International property and construction consultancy, Gleeds, has confirmed that David Johnson, currently Chief Operating Officer, will be appointed as Chief Executive Officer, effective 6 April 2026. Johnson, who has been with Gleeds for over four decades, succeeds Graham Harle who ...

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BCIS updates five-year construction industry forecast

Latest projections from the Building Cost Information Service (BCIS) forecast building costs will increase by a predicted 14 per cent over the next five years to 1Q2031, while tender prices will rise by 15 per cent over the same period. ...

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BCO to update guide on construction materials selection

The new edition of the landmark guide will reflect latest sustainability standards, regulations and industry best practice. The BCO (British Council for Offices) has announced the commissioning of a major update to its ‘Good Practice in the Selection of Construction ...

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Construction expert warns of dangers to UK construction industry over Iran war

UK construction mergers and acquisitions specialist, Bradley Lay, is calling for immediate action as energy shock, supply chain disruption and investment slowdown risk another wave of insolvencies. Bradley Lay, Co-founder of Peak Capital Group and Principal of a UK-based family ...

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