Construction industry gossip: Causing a stink

By Joseph Aloysius Hansom2021-03-19T06:00:00

Bucks fizz

Bucks fizz

Good job Balfour Beatty is paying back that £19m it claimed last year in furlough money from the government, because its chief executive Leo Quinn positively revelled in detailing how much it was handing back to shareholders over the coming year. “It will be a £150m return,” he roared. “It’s as large as the market cap of some of our rivals.” He was told he could have bought Kier with that amount. “And had lots of change,” he quipped. He has a point, I suppose.

…

Already registered? Login here

To continue enjoying Building.co.uk, sign up for free guest access

Existing subscriber? LOGIN

Stay at the forefront of thought leadership with news and analysis from award-winning journalists. Enjoy company features, CEO interviews, architectural reviews, technical project know-how and the latest innovations.

Limited access to building.co.uk
Breaking industry news as it happens
Breaking, daily and weekly e-newsletters

Get your free guest access SIGN UP TODAY

Subscribe now for unlimited access

Subscribe to Building today and you will benefit from:

Unlimited access to all stories including expert analysis and comment from industry leaders
Our league tables, cost models and economics data
Our online archive of over 10,000 articles
Building magazine digital editions
Building magazine print editions
Printed/digital supplements

Subscribe now for unlimited access.

View our subscription options and join our community