Kier

Kier is being sued over its work on an allegedly defective £36m police station – 15 years after it was completed. Administrators for a private finance initiative (PFI) company are looking for £3.5m from the contractor for the costs of the alleged problems, which relate to areas including the station’s…

It’s faced bankruptcy and sold its most profitable arm, but the firm is now growing again The first line of the introduction to Kier’s latest results reads: “Over the last two years, Kier has undergone a transformation.” At a glance, this claim could look wrong. The company’s share price has…

Kier has reported a sharp increase in profit and cash. The company made a £51.9m pre-tax profit in the year to 30 June 2023, a 226 per cent increase on the £15.9m made the year before. Its adjusted profit before tax stood at £104.8m – this is the group’s profit…

ISG was the biggest contractor by spend for the Ministry of Justice (MoJ) in the latest financial year, Construction News can reveal. CN obtained data on the MoJ’s spending in 2022/23 under the Freedom of Information Act. The spend includes that by HM Courts & Tribunals Service and HM Prison…

Costain was the largest recipient of National Highways spending in each of the last two financial years, Construction News can reveal. The contractor and consultant was paid £522.4m by the government-owned roads body in 2022/23,£129.74m more than its nearest rival – Connect Plus, a consortium including Balfour Beatty – a…

Royal Bam topped the monthly contractors’ league table in July for the first time since 2020, after it was chosen to build converter stations at each end of a £2bn undersea cable between Scotland and England. The firm was awarded £500m for its share of work on Eastern Green Link…

Galliford Try topped the June contractor’s league table for the first time in more than four years, thanks to a road improvement scheme in Gloucestershire. The firm landed the M5 Junction 10 scheme, which involves building two new slip roads, as well as a new link road connecting the A4019…

As the Zero Diesel Sites Route Map is launched, CN asks if it will be a rocky road to follow The construction sector is seeking operational dividends by introducing green onsite plant to align with the government’s net-zero 2050 commitment. However, implementing change is complicated by the variety and complexity…

Big names such as Kier, Wates and Morgan Sindall have secured spots on an £800m public sector building framework. Bam Construction, Bowmer & Kirkland, Brims Construction, Caddick Construction, Equans, Sir Robert McAlpine, Robertson and Tilbury Douglas are also among the 24 contractors – out of 34 proposed firms – to…

A five-strong coalition of UK housing associations has appointed more than 100 firms to a £1.48bn framework to retrofit homes for energy efficiency.  The Greener Futures Partnership (GFP) – whose members Sanctuary, Hyde, Home Group, Anchor and Abri operate a combined total of around 300,000 homes – has named 107…