Cabinet Office keeping tabs on Kier, minister confirms

By Jordan Marshall2019-06-26T05:00:00

Oliver Dowden says it is ‘confident' struggling firm will be able to carry on delivering public sector contracts

The government has begun to address a series of questions Labour is demanding answers to over what impact Kier’s financial problems and its decision to get rid of 650 people by the end of this week will have on its ability to carry out public sector work.

Around half of the firm’s £4.5bn turnover is through public sector jobs and under the restructuring plans, Kier will cut a further 550 jobs by the middle of next year and pull the plug on a host of businesses.

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