Contractors News – Page 228
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NewsBalfour Beatty may become acquisition target
Analysts say move to sell off Parsons Brinckerhoff marks end of firm’s global ambitions and could leave Balfour Beatty open to takeovers
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NewsAnother 18 months to fix Balfour Beatty’s UK business
Firm’s UK construction chief executive Nick Pollard says review has identified ‘operational and commercial issues’
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NewsCostain order book hits record level
Firm’s order book increased to over £3bn in the first four months of the year
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NewsISG picks up £70m of office fit-out work
Contractor ISG has won £70m worth of fit-out contracts in the last two months, including job to fit out five floors of Walkie Talkie
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NewsBalfour Beatty 'chucks out global strategy'
Analysts say move to sell consultant Parsons Brinckerhoff shows firm has abandoned its long-term strategy
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NewsBalfour Beatty M&E boss exits after profit warning
Engineering services managing director Phil McGuire follows group chief executive Andrew McNaughton out the door after £30m profit warning
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NewsHospital job pushes Sir Robert McAlpine to £38m loss
Firm’s contracting arm has to bail out Caribbean subsidiary over problems on £176m job
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NewsCrossrail concrete workers’ conditions ‘unsafe’
Whistleblower claims concrete workers were exposed to unsafe conditions before last month’s fatality
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NewsBalfour Beatty boss resigns amid fresh £30m profit hit
Group chief executive to leave “with immediate effect” after further UK construction losses discovered
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NewsSix firms bag £1.3bn Anglian Water framework
Winning bidders for massive infrastructure framework include Balfour Beatty and Skanska
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NewsRate of construction recovery slows
Latest construction PMI survey finds recovery continued in April, albeit at a slower rate than over the past six months
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NewsScape launches £1.5bn infrastructure framework
Sole contractor sought for new framework to focus on local civil engineering projects, including flood defence work
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NewsBig six contractors facing increasing cash flow pressure
Analysis shows UK’s biggest contractors now have an aggregate net debt of £328m
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NewsGoogle’s review of £650m King’s Cross HQ ‘could take two years’
Exclusive: Project caught up in global design review of tech giant’s planned large-scale developments and is expected to be re-tendered
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NewsHSE looking into ‘spying’ on Crossrail
Health and Safety Executive pledges to “take action where appropriate” over concerns about Crossrail project
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NewsBam dropped from £50m London schools package
Exclusive: Disagreement over pricing sees Education Funding Agency remove five London priority schools from firm
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NewsMorgan Sindall poaches Laing O'Rourke director
Exclusive: Contractor appoints former Laing O’Rourke director to head up its infrastructure business
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NewsB&K bags £36m batch of priority schools
Bowmer Kirkland has won a £36m batch of priority schools in the East Midlands.