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Keep up to dateEngineering giant Babcock, whose order book is up £1bn, has signed a memorandum of understanding with the Cabinet Office agreeing to savings on existing and future government contracts.
Revenue close to £3bn but defence firm only records 5% organic growth while total debt exceeds £700m
Support services group’s interim statement also shows strong cash generation
Only 320 jobs out of 1,200 will be saved when Babcock takes over the bulk of Jarvis’ rail renewal work, Building understands
Sellar no longer working on scheme with Herzog & De Meuron replaced by Acme
Some unsafe buildings may never be identified, National Audit Office says
Tony Gates leaves as Peter Leonard joins as new executive commercial director
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