Balfour Beatty

Police have uncovered nearly £2m of stolen construction equipment after they tracked tools stolen from Balfour Beatty subcontractors building access roads to the Lower Thames Crossing. The Metropolitan Police announced yesterday (28 January) that officers had raided a property in Ilford and discovered the huge stash – the equivalent of…

Developer Lendlease is seeking a building liability order (BLO) against Balfour Beatty for more than £4m in damages over alleged fire safety defects in a Bristol residential development built more than two decades ago. In 2001, Lendlease Residential Ltd, an agent of developer Lendlease Residential (BH) Ltd, appointed Cowlin, a…

Balfour Beatty is on track to boost its revenue and operational profit in 2025, it has announced. In a trading update this morning (4 December), the UK’s largest contractor said it expected its turnover ─ including revenue from joint ventures ─ to be more than 5 per cent higher than…

A materials manufacturer specialising in graphene that supplied services to the likes of HS2 and Balfour Beatty has filed a notice of intention to appoint administrators. Versarien plc’s board “regrettably resolved” to serve the notice to appoint administrators from Leonard Curtis, Versarien said on Monday (1 December). It followed attempts…

Costs on a Balfour Beatty bypass scheme in Cheshire will surpass £100m after funding delays halted the project. The £98m Middlewich Eastern Bypass has been held up due to delays in government funding being signed off causing the cost of the project to rise by £9.7m, according to a local…

Transport Scotland has shortlisted three bidders for the fifth construction phase of the A9 dualling programme, covering the stretch from Pitlochry to Killiecrankie. Balfour Beatty, Kier Transportation and Wills Bros Civil Engineering will take part in a competitive dialogue process for the £205m job. The contract will involve upgrading 6.4km…

The Office for Nuclear Regulation (ONR) will prosecute Balfour Beatty following the death of a worker at AWE plc’s Aldermaston site in West Berkshire, it has announced. The incident occurred on 6 July 2023 and involved a 58-year-old construction worker from East London, who sustained fatal injuries. ONR's prosecution relates…

London-based construction labour supplier Danny Sullivan’s latest accounts show its pre-tax profit has slumped by more than two thirds. In its latest accounts for the 17 months to 31 December 2024, the firm’s profit dropped to £3.7m, from £11.4m in the year ending 31 July 2023. In July ─ after…

Balfour Beatty has secured a £47m contract to deliver flood and coastal defences near Benacre in Suffolk. The contractor said it will protect homes, businesses, farmland and the A12 road from flood risk. Balfour Beatty was appointed by the Waveney, Lower Yare & Lothingland Internal Drainage Board via a SCAPE…

Balfour Beatty’s UK construction arm has shattered its own 3 per cent margin target 12 months earlier than expected, according to the company’s first-half (H1) results. Operating profit at the construction division jumped from £34m in H1 2024 to £56m in the six months to the end of June this…