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Balfour hits 3% construction margin target

Balfour hits 3% construction margin target

Balfour Beatty has hit its 3% margin target for UK construction. The target was originally set by chief executive boss Leo Quinn eight years ago. Latest results for the contracting giant show the UK business boosting profits as the American operations racked-up a loss...
Balfour Beatty smashes margin target

Balfour Beatty smashes margin target

Balfour Beatty’s UK construction business delivered an operating profit margin of 3.6% in the first half of 2025.Read Full Article: The Construction Index from All Construction News | Construction Index https://ift.tt/ZdhwcFA
Network Rail launches £240m OLE steelworks framework race

Network Rail launches £240m OLE steelworks framework race

Network Rail has kicked off bidding for a £240m framework to supply steel products and structures for overhead line equipment (OLE) across the UK rail network. The deal will cover steel piles, structures, small parts and fixings for electrification schemes, with the...
Briefing starts for £8bn highways maintenance shake-up

Briefing starts for £8bn highways maintenance shake-up

National Highways has started early market engagement on its £8bn second-generation Maintenance and Response (M&R2) contracts to cover the entire 4,500-mile Strategic Road Network. The new deals will replace existing M&R arrangements which start expiring from...
Laing O’Rourke director takes Severfield top job

Laing O’Rourke director takes Severfield top job

Structural steelwork contractor Severfield has named Paul McNerney as its new chief executive.Read Full Article: The Construction Index from All Construction News | Construction Index https://ift.tt/2vV7maD