Construction industry gossip: Rishi Sunak as Bob the Builder and Brighton’s bright idea

By Hansom2020-03-20T06:00:00

Gossip on Rory Stewart napping, Rishi Sunak’s Budget speech and bee bricks

Come again?

Costain last week announced a distinctly not-so-smart set of results from the self-styled smart infrastructure solutions provider. Shame their top brass weren’t on hand to explain the slump into the red to shareholders and why it needed them to stump up £100m in a rights issue. Still, those doubting the strategy can no doubt be reassured by this comment from chief executive Alex Vaughan which accompanied the bad news: “Our Leading Edge strategy aligns our activities to meet our clients’ changing needs, supporting a step change in our programme delivery performance and an acceleration in the deployment of our higher margin activities.” Perhaps this strategy could be broadened to include speaking in plain English.

The night shift

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