Balfour Beatty warns on HS2 as firm hikes profit

hs2 old

Firm says green light for £56bn railway would “significantly” improve its outlook

Balfour Beatty is the latest firm to admit it has not yet counted work on HS2 in its order book because it doesn’t know whether the scheme will go ahead.

The firm is lined up for £1.7bn worth of deals on the £56bn railway, including the stalled station at Old Oak Common in west London and tunnelling and viaducts work, known as Lots N1 and N2, on the route near Birmingham.

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