Balfour sticking with building despite London losses and focus on infrastructure work

balfour

Problem jobs in capital keep UK construction arm in red

Balfour Beatty has said it has no plans to get out of UK building work despite losses on problem jobs in London keeping the firm’s UK construction business in the red for the second year running.

Its UK building business accounts for around £800m of its turnover but has been hobbled in recent years by snags at several residential schemes in the capital.

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

Gated access promo

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