Balfour Beatty

Balfour to set recruitment diversity targets for every role

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Balfour Beatty has pledged to set diversity targets for its candidates in every job role as part of a Black Lives Matter charter it has signed up to. The contractor has joined organisations including Microsoft, National Grid, the London Stock Exchange and others as a signatory to a diversity charter.…

Balfour Beatty ‘seeking new chairman’

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Balfour Beatty has started the process of recruiting a new chairman, according to Sky News. The TV channel reported that headhunters at global consultancy Egon Zehnder have been hired to find a successor to incumbent Philip Aiken and that Balfour’s audit committee chair Stephen Billingham is leading the search. According…

Ex-TfL boss and Balfour Beatty staff awarded Queen’s Birthday Honours

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Transport for London’s former commissioner Mike Brown, Balfour Beatty Nightingale hospital workers and a former head of commercial at Network Rail are among those to be recognised in the delayed Queen’s Birthday Honours. Brown, now a non-executive chair at the body overseeing the Houses of Parliament refurbishment as well as…

Revealed: contractor spend at two coronavirus hospitals

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The Scottish Government has revealed how much contractors, who helped turn the Scottish Events Campus (SEC) in Glasgow into an emergency coronavirus hospital, were paid for the job. Construction News can also reveal the breakdown of contractor earnings at Swansea Bay's field hospital. Kier, Balfour Beatty, Graham and Robertson were…

Balfour Beatty poaches Costain legal chief

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Balfour Beatty has appointed Tracey Wood as its new legal chief. Wood takes on the role of group general counsel and company secretary. She joins Balfour Beatty after 14 years at Costain, where she was responsible for legal, company secretariat, HR and internal audit and risk. Wood will report directly…

COVID-safe sites are slower but better, study finds

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Academics say there have been quality and productivity benefits from the industry’s adaptation to the coronavirus, though such improvements come at the expense of programme pace. Research carried out by Loughborough University on behalf of Balfour Beatty, Kier, Mace, Morgan Sindall and Skanska, as well as specialist contractor GKR Scaffolding,…

Balfour Beatty and Atkins win £200m bypass

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Balfour Beatty and Atkins have been appointed to deliver a £200m bypass scheme, part of the Highways England Trans-Pennine road upgrade programme. The firms have been appointed to design and construct the new bypass, which will take traffic away from the village of Mottram in Longdendale, Greater Manchester. Balfour’s contract…

Balfour Beatty JV wins £1.27bn airport expansion

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Balfour Beatty’s south-east Asian joint venture, Gammon, has won a HK$12.88bn (£1.27bn) Hong Kong International Airport expansion contract. The firm will expand the main Terminal 2 building and construct new bridges, viaducts and roads, and will also deliver mechanical and electrical works. Gammon is a JV between Balfour and Hong…

Balfour CEO: We’re monitoring clients’ ability to pay

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Balfour Beatty is “alert” to the potential for payment problems among its clients as a result of the COVID-19 pandemic, according to chief executive Leo Quinn. The group regularly monitors clients, Quinn told analysts yesterday, and said so far it only had three jobs across its global operations where the…

Balfour Beatty’s half-year results – five things we learned

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Balfour Beatty became the latest contractor to reveal the financial impact of the coronavirus pandemic when it released its half-year results this morning. Unlike Morgan Sindall, which managed to stay in profit, Balfour Beatty fell to a £26m pre-tax loss for the six months to the end of June. The…