All the latest updates on building safety reform
Balfour Beatty reported a 25% rise in half-year pre-tax profit to £95m on Wednesday.
Turnover rose 28% to £4.3bn and its order book was up 14% to £12.1bn. However, profit in the rail sector dipped by £3m to £10m.
Contractor makes payment following investigation into Egyptian JV
New bosses at firm’s transport and defence businesses
But building defects push up total provision to £1.4bn, taking gloss off strong performance
A total of 16 firms were shortlisted in the summer
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