Laing O’Rourke

Laing and WS split Explore Transport

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Explore Transport Ltd, the 50:50 joint venture between Laing O’Rourke’s Select Plant Hire and WS Transport, has divided its operations to allow each shareholder to focus on its core services. The civil plant and tool hire division has been transferred to Select Plant Hire, while WS Transport has taken sole…

Laing O’Rourke doubles profit amid ‘broken’ contracting model

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Laing O’Rourke has continued its financial recovery after more than doubling its profit and margin. Pre-tax profit at the firm rose to £41.5m in the year to 31 March, up from £18.1m in 2024 – the year in which the business returned to the black following a huge loss of…

Laing O’Rourke suing architect for Bury recladding costs

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Laing O’Rourke is pursuing architect BDP for £1.8m after carrying out cladding remediation on a residential building in Bury, Lancashire.  The contractor completed The Rock, a mixed-use shopping centre scheme, in July 2010 after signing a design and build contract two years earlier. BDP was the architect for the project…

Science jobs put Laing O’Rourke top of the pile

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A pair of biosecurity contracts propelled Laing O’Rourke to the top of the latest monthly contractor league table. The tier one contractor was chosen by the Department for Environment, Food & Rural Affairs (Defra) as main works contractor for two science buildings on the National Biosecurity Campus in Weybridge, Surrey.…

Investor hands major boost to Hinkley Point C project

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New York-based investment giant Apollo has pledged up to £4.5bn to boost EDF projects in the UK, including the Hinkley Point C nuclear build. The US firm, which handles $785bn (3578bn) of assets worldwide, said funds, affiliates and accounts it managed had agreed to buy fixed-rate notes from the French…

Three prison builds green lit to tackle capacity crisis

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Plans to build three new prisons as part of a £4.7bn spend will now go ahead after the Treasury signed off on funding, a senior minister has said. On Wednesday, justice secretary Shabana Mahmood said the Treasury would fund “in full” plans to build the prisons, in a bid to…