Balfour Beatty

Balfour Beatty reveals £26m loss with UK business hardest hit

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Balfour Beatty made a £26m pre-tax loss in the first half of 2020, largely due to problems in the UK business caused by coronavirus. Its UK construction services business suffered a £23m operating loss (2019: £17m profit) on revenue of £986m (2019: £1.01bn) in its half year results to 26…

Balfour Beatty to reopen Hinkley supply site following virus outbreak

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Balfour Beatty is planning to reopen its concrete manufacturing site in Avonmouth, Bristol, which was shut down after a coronavirus outbreak. The facility, which supplies the Hinkley Point C nuclear plant, was closed until further notice on 24 July after 19 employees were confirmed to have contracted COVID-19. As of…

Urbaser Balfour Beatty waste JV put into receivership

Rubbish

The Urbaser Balfour Beatty company operating a Basildon waste facility has been put into administrative receivership. Lenders to UBB Waste (Essex) Ltd have appointed FRP Advisory to act as receivers, weeks after the firm lost a legal case against Essex County Council. The High Court ruled in June that performance…

Balfour Beatty’s Hinkley Point supply site closed amid coronavirus outbreak

Balfour Beatty and NG Bailey form new Hinkley JV

Balfour Beatty’s concrete manufacturing site in Avonmouth, Bristol, has been closed after 20 staff tested positive for coronavirus. A statement from the contractor said that a deep clean of the facility, which supplies Hinkley Point C, was carried out over the weekend after 19 staff were confirmed to have contracted the…

Balfour, Bam among firms backing £1.2m scheme to ‘loan out’ employees

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A £1.2m scheme that aims to keep workers in the construction industry has the backing of Balfour Beatty, Mace, Tideway and more than 400 other companies. The Construction Leadership Council (CLC) said firms would be able to “loan” employees at risk of redundancy to each other as part of its Talent Retention…

Council ‘redacted details’ of Balfour JV’s £500m EfW contract

Javelin Park proposal

A judge has found that a council did not release details regarding a contract change to a potential rival bidder of a £500m Urbaser Balfour Beatty (UBB) energy-from-waste (EfW) plant, but ruled that the would-be rival was not a credible bidder for the job. Judge Russen QC ruled that details…

Kier won’t claim from furlough bonus scheme

Kier Marr College

Kier will not claim through the Jobs Retention Bonus scheme, while Interserve* has become the first contractor to say it intends to. Construction News can reveal that Kier, the UK’s second largest contractor by turnover, will forgo its entitlement to the £1,000-per-head bonus available to all businesses who bring back…

Balfour starts on scheme after Morgan Sindall firm secures £252m funding

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Morgan Sindall’s urban regeneration and development arm, Muse Developments, has agreed a £252m forward-funding deal with build-to-let operator Get Living for the delivery of the second and final phase of the Lewisham Gateway scheme in south London. The phase includes four distinct blocks with maximum heights of 4, 11, 19…

Firms call on Whitehall to back Sizewell C build

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Companies including Balfour Beatty Bailey (a joint venture between Balfour Beatty and NG Bailey), Laing O’Rourke, Mace and Atkins have called on the government to back the proposed £14bn Sizewell C nuclear build. They have joined a new consortium of 32 organisations calling the potential Suffolk plant a “pre-packed stimulus…

Highways England’s contractor spend league table revealed

Generic roads Highways England M4 M5 smart motorway scheme in operation

Kier was the largest single recipient of Highways England spending in the last two financial years, bringing in more than £1bn from the roads body, an analysis by Construction News has found. Data obtained under the Freedom of Information Act shows that Balfour Beatty and Costain were among the firms…