Contractors News – Page 274
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More senior figures to leave Lend Lease amid shake-up
Exclusive: Two further senior figures are set to leave contractor Lend Lease following news that managing director Michael Dyke left his post
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Carillion saves £10m through green push
Firm’s chief executive Richard Howson underlines business case for sustainability in construction
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Carillion misses half its sustainability targets
Contractor behind schedule on 11 of 22 targets, but has exceeded its target performance on a number of other key measures
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Balfour wins £77m Aussie rail job
Contract is first won under the infrastructure giant’s new country structure
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Mace set to begin on £768m Victoria Circle
Developer Land Securties reports £533m profit for full year and confirms Mace’s appointment as £768m first phase begins next month
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Another boss exits Balfour Beatty
Exclusive: Executive director Rob Walker leaves Balfour Beatty’s UK construction business in the wake of the firm’s £50m profit warning
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Babcock reports 16% profit hike
Engineer targeting opportunities stemming from demand for increasing efficiency in defence, nuclear and rail
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Mears moves fast on Morrison integration
Firm expects to complete full integration by the end of the year
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Balfour Beatty construction revenue plummets
Lack of public projects and fierce competition in regional markets blamed for 23% drop in UK construction revenue
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Emcor pulls out of UK construction
M E giant pulls out of construction market to focus on facilities management
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Interserve wins £700m of work in first quarter
Clients include Jaguar Land Rover, Magnox and Alder Hey Children’s NHS Foundation Trust
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EFA starts £1bn schools race
Over 70 schools to be funded but PF2 element suffer drastic cut back
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Bam lands £75m priority schools package
This is the second win for the contractor under government’s £400m investment programme
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EFA to press go on £1.75bn of privately financed school work
Government’s delivery body set to launch search for contractors and to detail PF2 funding model
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Michael Dyke leaves role as Lend Lease boss
Exclusive: EMEA construction MD departs post with immediate effect as 90 jobs are put at risk
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Parsons Brinckerhoff wins £78m US rail job
Balfour Beatty subsidiary awarded extension on existing high-speed rail contract
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Morgan Sindall issues profit warning
Construction giant says margins impacted in construction, infrastructure and affordable housing
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Costain takes £4m hit for failed May Gurney bid
Contractor says start to the year otherwise “strong” in trading update
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Bradford and Kirklees to be next priority schools batch
BFE latest: EFA director says fourth batch to be procured “soon”