Heathrow jobs hang on strong balance sheets, says director in charge of airport's expansion

By Dave Rogers2019-01-16T06:00:00

Airport body will prioritise firms in good financial health when handing out contracts for third runway

The man in charge of Heathrow’s £14bn deal to build a third runway has admitted the collapse of Carillion last year has made the airport redouble efforts to make sure it works only with firms that have healthy balance sheets.

The country’s second-largest contractor sank a year ago this week, ushering in a year of upheaval at some of the country’s biggest firms. Both Kier and Galliford Try have had to launch rights issues while Interserve admitted last month it was in talks about a second rescue package in less than nine months.

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