Galliford Try to shrink construction arm by a quarter

Galliford Try to shrink construction arm by a quarter

Contractor confirms 350 job cuts and will now focus on three sectors Galliford Try has said it will reduce the amount of work its construction business does by nearly a quarter as it focuses on three key areas and retreats from other markets. The firm has already said...
Lords committee calls for HS2 rethink

Lords committee calls for HS2 rethink

A House of Lords committee says that the £56bn HS2 high speed rail project needs ‘a major rethink’. The Lords economic affairs committee says that it has “serious reservations about the cost-benefit analysis used in determining whether High Speed 2 provides value for...
Balfour Beatty warns HS2 delays putting jobs at risk

Balfour Beatty warns HS2 delays putting jobs at risk

Balfour Beatty has warned that delays to starting main civils work on HS2 is putting jobs at risk. In a report setting out the challenges faced by main contractors in the delivery of major infrastructure projects, it warns that the UK’s ‘will they, won’t they’...
Fit-out directors disqualified after cartel bust

Fit-out directors disqualified after cartel bust

The Competition and Markets Authority has disqualified three former directors of office fit-out firms for their involvement in illegal cartel behaviour. It comes after five companies were ordered to pay £7m in fines when the CMA found in April this year that they had...