Balfour Beatty

Leo Quinn Balfour Beatty has said it will be “net cash positive at the year end” following the successful refinancing of its bank facility.

The Defence Infrastructure Organisation (DIO) has awarded contracts worth a combined £15 million for two new projects at RAF Lossiemouth to support the station’s Typhoon aircraft. RAF Lossiemouth is an RAF fast jet main operating base and is home to squadrons operating both the Typhoon and Tornad

Balfour Beatty has arrived on site to begin work on a new passenger concourse at Dundee Railway Station. The £28 million six-storey development will include ticketing facilities, as well as a café/restaurant and retail space, while a new 120 bedroom Sleeperz hotel will be accommodated on three flo

Some of Britain's biggest construction firms could have to pay out tens of millions of pounds in damages after admitting that they defamed workers and infringed their rights. Eight high-profile contractors made an ‘amended defence’ of their role in blacklisting at a High Court hearing in London

Dundee Railway Station Work on a £28 million railway station development in Dundee will begin in the autumn after councillors approved the plans, though the process was far from smooth.

Balfour Beatty look set to be appointed to the Dundee Rail Station Concourse, despite project cost being more than £7 million over the pre-tender estimate. The contractor submitted the lowest tender and received the highest quality score for its £28m bid, which includes a commitment to create loca

Balfour Beatty has reported a £150m pre-tax loss for the half year to June 26 as it continues to count the cost of problem UK contracts. The infrastructure group issued a profit warning last month after “identify legacy issues” in the UK, US and Middle East would hit profits.

UK contracting giant Balfour Beatty has issued a new profit warning, after announcing that its 2015 results will be hit by a "shortfall" of £120m-£150m. The company said a review of its businesses had continued to "identify legacy issues" in the UK, US and Middle East which would hit profits.

A topping out ceremony to mark progress on the new Portobello High School took place in Edinburgh yesterday. After many years of planning, and obstacles along the way, construction work started on the new school in October 2014 and is due to be completed next summer.

A public meeting has been held to give local residents an update progress on building the Third Don Crossing after the project was delayed from late 2015 to February 2016. The long-awaited bridge will be open by February – eight weeks later than originally planned.

Stephen Billingham Balfour Beatty has appointed Stephen Billingham as a non-executive director with immediate effect.

Balfour Beatty has sold its 50 per cent interest in its UK signalling supplier Signalling Solutions Ltd (SSL) for an undisclosed price. The sale to joint venture partner Alstom, makes Alstom the sole owner of the company.

Oberlanders Architects have submitted a planning application on behalf of Balfour Beatty for a new student residence in central Glasgow. The 520 bed facility on Kennedy Street will also include ground floor retail spaces and a student hub arranged around a landscaped courtyard.

Leo Quinn Balfour Beatty is still taking action to deliver its two-year financial target, chief executive Leon Quinn said this morning.

Leo Quinn Balfour Beatty said it will not be paying an annual dividend to shareholders after it capped a troubled 2014 with a reported loss of £59 million on a turnover of £8.4 billion.