House-building and construction firm Galliford Try has won two building contracts worth a total of 41m million pounds.
Grainger has appointed Galliford to build a mixed-use project at Macaulay Road in Central London for £23m.
The company will build 11 buildings, including a four-storey office development combined with 65 homes.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Meanwhile, NEC Group has named the firm as the preferred bidder for the refurbishment of the National Indoor Arena in Birmingham for £18m.
Galliford will create 7,500 square metres of more space, building extra retail units, a new showcase entrance and bigger pre- and post-show areas.
"We are delighted to have won two such significant contracts in an extremely competitive market. These contract awards show that we can compete in all regions and provide our clients with high quality cost effective solutions for their needs," said Galliford's Chief Executive Greg Fitzgerald.
Pension withdrawals on the rise, HMRC data reveals
Pension withdrawal data has led to some raising concerns over savers ‘raiding’ their pensions unsustainably.
By John Fitzsimons Published
ONS: UK economy recovered from pandemic faster than previously thought
Revisions from the ONS showed the UK economy has grown since the pandemic, while the latest data showed GDP grew in the second quarter of 2023.
By Nicole García Mérida Published