Kier has launched a £264 million rights issue to help accelerate its debt reduction programme. The firm has seen its debt levels rise in the past few years, with its net debt standing at £624m as of 31 October.
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Moves by the UK Cabinet Office to exclude late payers from government contracts have been applauded by the Specialist Engineering Contractors’ Group (SEC Group). The contractor representative body said that such measures were “long overdue” and urged the government to act upon it.
Two consecutive sections of the A9 to be dualled are included in the latest ground investigation contract for the A9 dualling programme awarded today. Fugro GeoServices Ltd will undertake the £3.6 million contract for the Glen Garry to Dalwhinnie and Dalwhinnie to Crubenmore schemes totalling
Balfour Beatty has paid down half of its debt following the completion of a £252.7 million convertible bond repayment.
GVA has appointed two new regional senior directors to lead the business in Scotland. Alison Taylor and Stuart Agnew will assume their new posts as regional senior directors for Glasgow and Edinburgh respectively from 1 January 2019.
A major new office development has been handed over to Clyde Gateway ahead of the first SMEs moving into the building later this year. Robertson has officially completed work on the Red Tree Magenta development, following a construction programme which began in April last year.
Groups of young trainees from across Glasgow and Lanarkshire have been given the opportunity to get hands-on experience during visits to a Bathgate housing site. Lovell welcomed the groups to its Wester Inch development where it is currently building 86 new homes on behalf of West Lothian Council. T
The preferred option for the section of the A96 to be dualled between Hardmuir and Fochabers goes on public display today.
Refreshed plans for the transformation of the former Exxon site in Bowling have been given the go ahead by councillors. The £31.4 million project includes a proposal to create a major industrial and commercial development at the site as well as plans for a new road to provide an alternat
The construction sector defied all expectations last month to record a “solid expansion” of overall output with job creation accelerating to its fastest since December 2015. Despite Brexit worries continuing to hold back business confidence, the Markit/CIPS UK Construction purchasing man
Plans have been submitted for a new housing development in the East End of Glasgow that aims to combat dementia, depression and a lack of exercise in the over-55 age group. Thenue Housing Association wants to develop 27 flats on Landressy Place in Bridgeton.
Maryhill Housing Association has submitted a planning application for 65 flats. The development on Maryhill Road, Whitelaw Street and Cowal Road is part of £15.3 million spend on 105 new homes for the area.
West of Scotland construction and haulage company TSL Contractors Limited has appointed Iain Lumsden as the firm's new managing director. Iain joins TSL from Balfour Beatty's North Scotland business where he worked for nearly 25 years, latterly in the post of managing director.
Training and skills campaign group The 5% Club hosted a conference in Rosyth today to raise awareness of the value of embedding ‘earn and learn’ training opportunities into an organisation. The 5% Club was set up five years ago by Leo Quinn, group chief executive of Balfour Beatty, to en
Ian Fergusson, managing partner of Shepherd Chartered Surveyors and chairman of RICS Scotland, is participating in a charity fundraising mission this Saturday when he will spend the night in a sleeping bag in Princes Street Gardens as part of the RICS Sleep in the Park Team. Speaking in advance of t


