Balfour Beatty

Balfour boss hails ‘transformation’ after reporting £287m profit

Leo-Quinn_Balfour-Beatty_CEO_August-2019_1-300x200.jpg

Balfour Beatty chief executive Leo Quinn has hailed the group’s “transformation into a well-balanced and lower-risk group” after reporting £287m profit for 2022. The UK’s largest contractor has seen its profit increase by 230 per cent, from £87m in 2021, while its turnover increased by 8 per cent, from £8.26bn…

Balfour wins £97m coastal flood-defence works

shutterstock_1085415533-300x200.jpeg

Balfour Beatty has won a £97m contract to provide coastal defences to communities in Wales. The contractor is set to deliver two coastal defence schemes on behalf of Denbighshire County Council. The schemes have been awarded through the Scape civil engineering framework. The Central Rhyl Coastal Defence Scheme will see…

Government delays road projects including Lower Thames Crossing

National-Highways_Lower-Thames-Crossing-300x200.jpg

The government has delayed several road projects, including the £8bn Lower Thames Crossing. The London infrastructure project was delayed by two years by transport secretary Mark Harper, who also slowed HS2’s phase 2a and the building of the high-speed rail project’s Euston station by two years. The decision will mean…

Balfour Beatty poised to lose control of Herefordshire highways

Roadworks_Highways-300x200.jpg

Balfour Beatty is set to lose control of highways maintenance in Herefordshire, with the county outlining plans to bring the work in-house. The UK’s largest contractor won a £200m contract from the council in in 2013. The deal covers highways maintenance and improvement works, street lighting, public parks and open…

Balfour workers vote for March strike action

Balfour-Beatty-site_2020-300x200.jpg

Balfour Beatty workers will carry out three 36-hour strikes on consecutive weekends next month in a dispute over pay. The RMT rail union announced the action following a ballot of Balfour staff working for the Central Rail Systems Alliance (CSRA), a joint venture between the firm, Network Rail, Atkins and…

Zero-carbon cement could be a reality by 2025

EAF-300x200.jpg

Partners in a new two-year industrial trial have claimed they will produce the world’s first zero-emission cement by transforming a byproduct of steel recycling. The Cement 2 Zero consortium is led by the Materials Processing Institute (MPI) and includes £6.5m of government funding from UK Research and Innovation. Participants in…

Balfour ties up top league spot with bumper Lower Thames job

National-Highways_Lower-Thames-Crossing-300x200.jpg

Balfour Beatty moved to the top of the contractors' league table for the first time in two years thanks to a £1.2bn job to build the northern road linked to the Lower Thames Crossing. The job, to build nearly 10 miles of new road, almost single-handedly drove Balfour to first…

Balfour and Travelodge settle £800,000 dispute

Swansea-Travelodge-Balfour-Beatty-2023-300x200.jpg

Balfour Beatty is on site carrying out work on a Travelodge hotel after an £800,000 dispute over alleged combustible cladding and other defects was settled. In 2020, Construction News revealed that Travelodge was suing Balfour over what it said were faults at the 70-room hotel on Princess Way, Swansea. Travelodge…

Balfour beats Kier JV to £1.2bn Lower Thames Crossing contract

A CGI of the Lower Thames Crossing tunnel from the Kent side

Balfour Beatty has landed a £1.2bn contract to build roads on the north of the River Thames as part of the Lower Thames Crossing megaproject. National Highways selected the company ahead of a joint venture between Kier and Eiffage. The contract is for a two-stage design-and-build project delivering around 10…

London towers scheme boosts contractor into top league spot

leon-croydon-300x200.jpg

McLaren secured its first top spot in 18 months in the contractors’ league table for December 2022 thanks to work including a £90m south London tower job. The project to build three towers in the new Leon Quarter in Croydon was one of four secured by the contractor in December,…