Leo Quinn Balfour Beatty has revealed that it expects profits for 2014 to be £70 million lower at its construction business due to problems with contracts.
Balfour Beatty
Philip Harrison Balfour Beatty has appointed former finance boss of travel agency Hogg Robinson as new chief financial officer.
Gordon Wilson Scotland TranServ, the Mouchel / Balfour Beatty Joint Venture which manages and maintains south west Scotland’s motorways and trunk roads, has appointed Gordon Wilson as its new contract director.
The cost of the Aberdeen Western Peripheral Route / Balmedie to Tipperty (AWPR / B-T) contract has been driven down by almost £220 million over the life of the contract, the cabinet secretary for infrastructure, investment and cities, Keith Brown has revealed. The contract to construct, maintain, f
New transport minister Derek Mackay was in the north-east today to mark the start of construction work on a notorious bottleneck on the A96 at Inveramsay Bridge. The minister said the new £10 million scheme will bring significant benefits for road users, and reflects the Scottish Government’s det
Balfour Beatty gathered 59 of its engineering construction apprentices at a recent ‘Investing in our Future’ event to demonstrate the significant potential career opportunities available to them on completion of their apprenticeships.
John Laing Infrastructure Fund (JLIF) has said it is still in the hunt to acquire Balfour Beatty’s public-private partnership (PPP) business, despite its initial offer being rejected. JLIF made a £1 billion offer for the PPP assets of Balfour Beatty last week, highlighting the attraction of work
John Laing Infrastructure Fund has made a £1 billion offer for the public-private partnership assets of Balfour Beatty, highlighting the attraction of work on schools and hospitals for private sector firms. The non-binding offer equates to more than three quarters of the market capitalisation of Ba
Keith Brown The Aberdeen Western Peripheral Route/Balmedie-Tipperty (AWPR/B-T) will be completed ahead of schedule in winter 2017, the cabinet secretary for infrastructure, investment and cities, Keith Brown announced this morning.
The second phase of infrastructure is set to begin at Heartlands, opening up a further 20 acres of land for residential development.
Leo Quinn Balfour Beatty said it has made progress towards addressing the management issues around its UK construction business, as it reaffirmed its profit outlook for the full year.
Construction work is finally starting today on Edinburgh's new Portobello High School after many years of planning and obstacles.
Leo Quinn Balfour Beatty has announced that Leo Quinn will take up his new position as chief executive officer (CEO) of the firm when he joins the Board on 1 January 2015.
Keith Brown Work to remove a notorious bottleneck on the A96 in the north-east of Scotland moved closer today with the award of a multi-million pound contract.
Steve Marshall Balfour Beatty has issued its fifth profit warning this year which warned that its construction business is likely to show a £75 million profit shortfall at the end of the year.


