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Skanska set for £282m upgrade to M42

Skanska set for £282m upgrade to M42

Skanska is understood to have won a £282m contract to upgrade the M42 at Junction 6 near Birmingham. Construction information specialist Glenigan said Skanska has landed the deal with work set to start next March and last three years. The scheme involves construction...

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Keller profits crash amid global restructure

Keller profits crash amid global restructure

The world’s largest piling contractor Keller saw profits crash last year as a result of restructuring its businesses in Malaysia, Singapore, Brazil and South Africa. Pre-tax profit slumped to £8.4m last year from £110m previously while revenue rose 7% to £2.2bn....

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London fit-out cartel lands £7m fine

London fit-out cartel lands £7m fine

Five office fit-out firms based in London and the Home Counties have been fined a combined £7m for cartel involvement. source https://www.constructionnews.co.uk/companies/supply-chain/legal/london-fit-out-cartel-lands-7m-fine/10040588.article

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Bechtel sues HS2 over tender process

Bechtel sues HS2 over tender process

Bechtel has lodged a claim in the Technology & Construction Court against HS2 Ltd seeking damages for its failed bid for the £1bn Old Oak Common station contract.Bechtel has lodged a claim in the Technology & Construction Court against HS2 Ltd seeking damages for its...

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Restructuring cost hit Keller hard

Restructuring cost hit Keller hard

A corporate restructuring at international ground engineering contractor Keller Group resulted in it reporting a statutory loss after tax for year of £13.8m, compared to an £87.5m profit in 2017.A corporate restructuring at international ground engineering contractor...

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Builder fined for lack of safety measures

Builder fined for lack of safety measures

Construction company Rivergate Developments has been fined £20,000 for safety breaches after a worker fell through an open stairwell.Construction company Rivergate Developments has been fined £20,000 for safety breaches after a worker fell through an open...

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Bechtel in legal claim over HS2 Old Oak station award

Bechtel in legal claim over HS2 Old Oak station award

Bechtel has launched a legal challenge against HS2 after losing out on the £1bn contract to build Old Oak Common station in west London. Last month a Balfour Beatty and Vinci consortium was named construction partner to deliver the station, beating rival bidders BAM...

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Lendlease to pay for £5m Manchester block reclads

Lendlease to pay for £5m Manchester block reclads

Lendlease has agreed to pay for the replacement of flammable cladding on two tower blocks in Manchester’s Green Quarter. Residents had been campaigning for two years to make the buildings safe after unsafe cladding was found following Grenfell tragedy safety check....

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Balfour Beatty legal boss exits

Balfour Beatty legal boss exits

Balfour Beatty head of legal David Mercer has retired. source https://www.constructionnews.co.uk/companies/contractors/balfour-beatty/balfour-beatty-legal-boss-exits/10040594.article

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