Topic filter : Balfour Beatty

Most trending topics in Business & Finance ( last 24 hours ):
Uber Retail Market WhatsApp British Airways Investment Footwear Chain Footwear Airline Budget Travel Flight Trade Union Revenue Yahoo Twitter Advertiser Forecast Wall Street Healthcare Donald Trump Retailer Mike Ashley Sports Direct George Osborne Brexit Retirement Retire Car Insurance Home Insurance Insurance Pound Manufacturer Discount John Lewis Siemens Multinational Legal Action

Socially Most Trending News

. UK engineering giant Balfour Beatty has returned to profit after two years of losses. ... [Read full article on BBC ]
Thursday 16th of March 2017 08:18:30 AM
Total Trend count
66
Most trending on :
60 6
.... It is not against the rules to counter those forces and take a bit of short-term pain yourself. In 2014, Balfour Beatty was deemed in some quarters to be such a mess that a takeover by rival Carillion would be an act of mercy. ... [Read full article on Guardian ]
Thursday 16th of March 2017 07:38:27 PM
Total Trend count
39
Most trending on :
34 5

Latest Finance News related to Balfour Beatty

Sainsbury's takes inflation hit on the chin as Aldi and Lidl loom | Nils Pratley image
.... It is not against the rules to counter those forces and take a bit of short-term pain yourself. In 2014, Balfour Beatty was deemed in some quarters to be such a mess that a takeover by rival Carillion would be an act of mercy. ...
Balfour Beatty returns to profit image
Source : BBC [Read Article] Thursday 16th of March 2017 08:18:30 AM
. UK engineering giant Balfour Beatty has returned to profit after two years of losses. ...
Information commissioner reopens file on construction industry blacklisting image
.... There were also notes on personal relationships and suggestions that workers were incompetent. Some of the biggest names in the construction sector, including Balfour Beatty, Carillion, Costain, Laing O’Rourke and Sir Robert McAlpine, settled with the GMB, Ucatt and Unite unions this year on allegations of using the list. ...
Clicks and bricks image
Source : BBC [Read Article] Monday 24th of October 2016 11:03:15 PM
.... Before such tools, team members would sometimes find themselves working from out-of-date drawings, or struggling to log safety issues effectively, says Mr Siljanovski. BaseStone's "digital delivery platform for construction" is used in 50 countries, with clients including Alstom, Skanksa, Balfour Beatty and Crossrail. ...
FTSE 100 falls as Admiral shares hit by Brexit impact image
Source : BBC [Read Article] Wednesday 17th of August 2016 07:57:33 AM
....Admiral's comments overshadowed the news that its pre-tax profits increased by 4% to £193m for the six months to 30 June. Balfour Beatty shares rose 3% after the construction company restored dividend payments and said it was seeing "tangible benefits" from its turnaround plan. ...
Construction bosses ‘tried to hide evidence of their blacklist’ image
Source : Guardian [Read Article] Saturday 14th of May 2016 11:05:09 PM
....Victims of blacklisting by the construction industry, who were awarded a £75m out-of-court settlement, are to demand a police investigation into their claims that key executives tried to pervert the course of justice. On Wednesday major companies, including Sir Robert McAlpine and Balfour Beatty, issued an “unreserved and sincere” apology in the high court to hundreds of workers for putting them on an illegal blacklist and denying them work over two decades. ...
Construction firms apologise in court over blacklist image
Source : Guardian [Read Article] Wednesday 11th of May 2016 02:43:52 PM
.... Payouts to individuals range from £25,000 to £200,000. The blacklist was funded by more than 40 construction firms including Sir Robert McAlpine and Balfour Beatty and contained files on more than 3,200 workers. ...
Blacklisted workers win £10m payout from construction firms image
Source : Guardian [Read Article] Sunday 8th of May 2016 11:01:20 PM
....About £10m will be paid in compensation to more than 250 building workers who were “blacklisted” by some of Britain’s biggest construction firms under a settlement to be announced on Monday. The total payout from the out-of-court deal secured from Sir Robert McAlpine, Balfour Beatty and six other building companies by the Unite union on behalf of almost 800 unfairly targeted workers could be as high as £75m. ...
Steel crisis: builders, manufacturers and carmakers urged to buy British image
Source : Guardian [Read Article] Thursday 31st of March 2016 06:58:05 PM
....Related: Brexit campaigners accused of trying to exploit steel crisis. However, only Balfour Beatty, which built the aquatics centre for the London 2012 Olympics, and Morgan Sindall have signed up to the charter. ...
Balfour Beatty losses increase but turnaround plan on track image
Source : Guardian [Read Article] Tuesday 15th of March 2016 11:19:53 AM
. Balfour Beatty has seen its underlying full year losses increase but it says its turnaround plan is showing signs of progress. ...
How to solve the housing crisis image
Source : Telegraph [Read Article] Sunday 21st of February 2016 09:06:16 PM
.... Not all of the green belt looks like this  Photo: ALAMY. Chief executive of Kier Group, former deputy finance director of Balfour Beatty and former UK finance director of Bovis Lend Lease . ...
Construction firms urge Government to build Heathrow runway image
Source : Telegraph [Read Article] Saturday 6th of February 2016 07:34:00 PM
.... . The bosses of some of Britain’s biggest building and engineering consultancy companies, including Laing O’Rourke’s founder Ray O’Rourke, Balfour Beatty’s chief Leo Quinn, and Mark Reynolds of Mace, have written to George Osborne, the Chancellor of the Exchequer, urging him to back the west London airport’s growth plans. ...
Whistleblower gets £137k payout image
Source : BBC [Read Article] Tuesday 19th of January 2016 01:44:04 PM
. Construction contractor Balfour Beatty has paid out a six-figure sum to a whistleblower who accused the firm of ripping off taxpayers. ...
The last 'gold-plated' pensions could disappear from large firms 'within a year' image
.... Fourteen FTSE 250 companies have disclosed liabilities greater than their stock market value. FirstGroup's is more than three times its market value, while Go-Ahead Group, Phoenix Group, Balfour Beatty and Carillion all have liabilities that are almost double their stock market value. ...
Half of £24bn nuclear reactor investment will go to overseas suppliers image
Source : Guardian [Read Article] Sunday 6th of December 2015 05:43:45 PM
....The Hinkley Point C facility in Somerset is still awaiting the final investment decision from the largely state-owned EDF and its Chinese partners, although ground preparation is already under way. The basic earth moving, road construction and erection of buildings will be carried out by British contractors such as Balfour Beatty and Laing O’Rourke but the high-end pressure vessels and turbines will be provided by the likes of Areva of France. ...
The UK’s deals worth billions with China: what do they really mean? image
Source : Guardian [Read Article] Saturday 24th of October 2015 03:00:03 PM
....EDF has promised that 60% of the contracts at Hinkley will go to the UK although the plant will use a French reactor design, the EPR, and engineering via another French company Areva. British companies such as Laing O’Rourke, Balfour Beatty, and Cavendish Nuclear are in line for significant contracts, with G4S a bidder for security contracts and Somerset Larder for the catering. ...
'Banks are a buy, but not supermarkets'  image
Source : Telegraph [Read Article] Thursday 15th of October 2015 07:16:47 AM
.... Can you name some of these ‘recovery’ shares? . Three shares that I am backing to bounce back are Balfour Beatty, the construction company, G4S, the security firm, and pest control specialists Rentokil. ...
Unions hail blacklisting breakthrough image
Source : BBC [Read Article] Thursday 8th of October 2015 11:09:01 PM
.... . In a submission to the High Court the firms, which include Balfour Beatty, Carillion and Costain Group, accepted that construction companies had provided much the information and had used it to vet workers seeking employment. ...
Source : Independent [Read Article] Friday 25th of September 2015 05:25:37 PM
.... There are suggestions the group could get a counter offer. Before the bid, from Balfour Beatty, Alkane announced interim profits down from £7. ...
....25p or 41 per cent higher to 35. 25p, as Balfour Beatty’s Barbican Bidco swooped for the UK-focused gas to power firm in a £61m deal. ...
Innovation in funding 2015-16: Solutions for the Planet image
Source : Guardian [Read Article] Tuesday 1st of September 2015 09:24:20 AM
.... We generate our income through developing partnerships with companies in the energy, utility, manufacturing and construction sectors, alongside schools. We started two years ago in our current structure, with just two business partners (Balfour Beatty and IGEM) and £14,000, delivering our schools programme to inspire the next generation of scientists, engineers, entrepreneurs and responsible citizens. ...
Cost of Thames super-sewer slashed as Ofwat awards licence to Bazalgette image
Source : Independent [Read Article] Monday 24th of August 2015 10:52:03 PM
....The regulator Ofwat said it was now keen to see if going out to competition for financing, as well as construction costs, would work for other big projects in the sector. Separately, Balfour Beatty, the construction company that has been hit by seven profit warnings since 2012, said it would begin work on the west 6km section of the tunnel in September. ...
Water companies say super-sewer will add £25 a year to Londoners' bills image
Source : Telegraph [Read Article] Monday 24th of August 2015 12:09:10 PM
.... . The firms lined up to build the 15-mile tunnels include Balfour Beatty’s joint venture with Morgan Sindall and BAM Nuttall; Costain’s venture with the French engineering groups Vinci and Bachy Soletanche; and Ferrovial in partnership with Laing O’Rourke. ...
London super sewer to cost less than expected, says Ofwat image
Source : Guardian [Read Article] Monday 24th of August 2015 09:53:48 AM
.... It is named after Sir Joseph Bazalgette, London’s chief engineer who created the sewer network after the “Great Stink” during the hot summer of 1858 made it all too clear that the Thames was an open sewer. Balfour Beatty, the infrastructure company, said Bazalgette Tunnel had awarded its joint venture with Morgan Sindall and BAM Nuttall a £416m contract to build the four-mile west section of the tunnel. ...
Balfour Beatty still in losses but outlook improves image
Source : Independent [Read Article] Thursday 13th of August 2015 04:45:00 AM
. The troubled builder Balfour Beatty racked up a £150m loss in the half year to 26 June, but there is light at the end of the tunnel, according to its new chief executive Leo Quinn. ...
No new writedowns, so maybe Balfour Beatty can rebuild image
Source : Independent [Read Article] Thursday 13th of August 2015 01:06:44 AM
.... When that is the key mantra about your financial numbers, you know you’ve got an image problem. Balfour Beatty, the engineer which bid too cheaply for contracts in the desperate days of the recession, is firmly in that position. ...
Balfour Beatty sets end date for tying up costly contracts image
Source : Telegraph [Read Article] Wednesday 12th of August 2015 08:49:13 AM
. Balfour Beatty is hoping to draw a line under problematic contracts that have caused it to issue seven profit warnings over the past two and a half years. ...
Source : Independent [Read Article] Monday 10th of August 2015 05:15:00 AM
....com after revealing in May that 16 per cent had left the website. On the same day there is also an update from construction firm Balfour Beatty, which is attempting to improve a recent run of profit warnings. ...
Building projects under threat from shortage of construction workers image
Source : Telegraph [Read Article] Thursday 6th of August 2015 11:01:11 PM
....” . Balfour Beatty, the construction group involved in major projects including converting the Olympic stadium, said the sector is struggling against a lack of skilled labour. ...
Building groups win contracts worth £1.5bn to give UK motorways a make-over image
.... . Balfour Beatty’s 60:40 joint venture with French group Vinci’s UK arm has secured more than £600m of work, with construction due to start on upgrades to the M5 this autumn. ...
Balfour Beatty profit alarm image
Source : Daily Express [Read Article] Friday 10th of July 2015 01:54:00 PM
....”. Balfour Beatty rejected takeover advances from Carillion last year and has since been the subject of rumoured Chinese bid interest. ...
Source : Independent [Read Article] Friday 10th of July 2015 04:45:00 AM
. The ailing construction group Balfour Beatty warned that it would post a loss again this year as it served up its seventh profit warning in two years. ...
Source : Independent [Read Article] Friday 10th of July 2015 12:24:20 AM
. That cliche about London buses – the one that says you wait for ever for one to arrive only for three or four to appear at once – well, Balfour Beatty profit warnings are a bit like that. ...
After seven profit warnings, Balfour Beatty’s recovery begins now image
Source : Telegraph [Read Article] Thursday 9th of July 2015 07:14:39 PM
.... If, to bastardise Oscar Wilde, issuing one profit warning can be regarded as misfortune, and two as carelessness, what is the appropriate moniker for a company that issues seven? . For that is the situation Balfour Beatty found itself in on Thursday after warning that profits in the current year will be hit by a series of greater-than-expected losses uncovered by a review at one of its core divisions. ...
Balfour Beatty issues seventh proft warning in under three years as construction troubles continue image
. Balfour Beatty has issued its seventh profit warning in two-and-a-half years as the infrastructure group continues to dig up fresh problems with long-running contracts. ...
Balfour Beatty issues fresh profit warning image
Source : Guardian [Read Article] Thursday 9th of July 2015 01:56:31 PM
. Construction firm Balfour Beatty has issued a fresh profit warning, citing problems with contracts in Britain, the Middle East and the US. ...
Balfour Beatty warns on profits image
Source : BBC [Read Article] Thursday 9th of July 2015 07:36:48 AM
. UK engineering group Balfour Beatty has issued another profit warning, saying its 2015 results will be hit by a "shortfall" of £120m-£150m. ...
Speedy Hire’s decline is based on over-baked bullishness image
Source : Telegraph [Read Article] Wednesday 1st of July 2015 07:57:55 PM
.... The board’s latest review revealed crucial flaws within the business culminating in a lack of available equipment for customers – a fatal mistake for a tool-hire business. The board’s review also revealed, or confirmed what many had believed for some time, that Speedy Hire’s large corporate accounts – such as Balfour Beatty, Carillion and Costain – had received all the attention and customer service at the expense of its smaller business customers. ...
FTSE 250 firms warned over pension deficit risks image
Source : Telegraph [Read Article] Sunday 21st of June 2015 07:36:51 PM
.... . Others in the danger zone include Phoenix Group, Balfour Beatty, Rexam, Carillion, Stagecoach, Mitchells & Butlers, AMEC, Tate & Lyle, Serco and Cable & Wireless. ...
Diageo, Vodafone and BT jump on bid talk, but Greek woes hit FTSE image
Source : Guardian [Read Article] Monday 8th of June 2015 08:42:02 AM
....And the takeover speculation was not limited to the FTSE 100. Mid cap infrastructure group Balfour Beatty is up 9p at 258p after weekend reports it could be in the sights of a Chinese bidders. ...
The company making a pot-load of money from potholes image
Source : Telegraph [Read Article] Tuesday 2nd of June 2015 04:30:57 AM
.... A 3D drawing of a giant pothole, in Trafalgar Square, central London. It is an approved sub-contractor, with the likes of Balfour Beatty and Skanska and these “tier one” companies now including the firm in long-term maintenance contracts, ensuring a steady revenue stream. ...
Questor share tip: Buy into undervalued QinetiQ image
Source : Telegraph [Read Article] Monday 27th of April 2015 06:44:34 PM
.... . Steve Wadey, QinetiQ’s new chief executive (pictured below), started work on Monday, taking over from Leo Quinn, who went to Balfour Beatty in January. ...
We are all paying for New Labour's toxic PFI legacy image
Source : Independent [Read Article] Tuesday 14th of April 2015 10:12:02 PM
....Freshly rebranded – it was known as the Highways Agency until this month – with a more commercial outlook, the Surrey-based organisation wants to make sure that it is “on message” from the off. HE’s contractors, including listed industry titans Balfour Beatty, Costain, and Carillion, have been sent a 19-side writing style guide to make sure that everyone is “giving out consistent, clear and understandable messages”. ...
Crippling PFI deals leave Britain £222bn in debt image
Source : Independent [Read Article] Saturday 11th of April 2015 11:00:00 PM
.... PFI contracts could escalate like America’s subprime mortgage fiasco (Getty) Last year The Independent revealed how firms given 25-year contracts to build and maintain schools doubled their money by selling their shares in the schemes less than five years into the deals. Four – Balfour Beatty, Carillion, Interserve, and Kier – made combined profits of over £300m. ...
Balfour Beatty doubled Steve Marshall's salary during turmoil image
Source : Telegraph [Read Article] Saturday 4th of April 2015 06:18:57 PM
. Steve Marshall, the man who presided over five profit warnings at embattled construction firm Balfour Beatty, had his salary doubled during the eight months that he acted as executive chairman. ...
Warren Buffet makes a Krafty move with Heinz merger image
Source : Daily Express [Read Article] Thursday 26th of March 2015 07:41:00 AM
....----------------------------. THE scale of the task facing new Balfour Beatty boss Leo Quinn was laid bare as the construction services group scrapped its dividend after posting annual losses of £304million. ...
Balfour Beatty reports £304m loss and cancels final dividend image
Source : Guardian [Read Article] Wednesday 25th of March 2015 09:37:16 AM
...
Balfour Beatty scraps its dividend for a year after falling into the red image
Source : Telegraph [Read Article] Wednesday 25th of March 2015 07:50:44 AM
. Balfour Beatty has pressed pause on its dividend after falling into the red in 2014, underscoring the size of the task ahead of new chief executive Leo Quinn as he works to turn the construction company around. ...
Source : BBC [Read Article] Wednesday 25th of March 2015 07:43:08 AM
...
Related to :
Balfour Beatty expected to report huge losses and suspend dividend image
Source : Telegraph [Read Article] Saturday 21st of March 2015 04:00:46 PM
. Balfour Beatty is expected to announce annual losses of up to £260m and a suspension of the final dividend this week, as new chief executive Leo Quinn lays out his plans to tackle troubled contracts and turn around the beleaguered construction firm. ...
Here’s why UK mergers and acquisitions activity is in the doldrums image
Source : Telegraph [Read Article] Wednesday 4th of March 2015 03:57:10 PM
.... Last year was more notable for the deals that didn’t happen – Pfizer’s £53bn takeover of AstraZeneca, Abbvie’s £32bn pursuit of Shire and Carillion’s £2. 1bn designs on Balfour Beatty, to name but a few – than those that did. ...
Carillion still feeling recession's impact as it posts flat results image
Source : Telegraph [Read Article] Wednesday 4th of March 2015 01:31:58 PM
.... . Mr Howson was reluctant to comment on Carillion’s failed merger with Balfour Beatty, a deal which collapsed last year. ...
Not every fund manager is Warren Buffet - so it's time for the watchdog to get busy image
.... . The latest of those investors Balfour Beatty, which has agreed a £400m deal to build two new residential areas with the sort of names that only a corporate PR executive could love. ...
Balfour Beatty in deal to build houses at Olympic Park site image
Source : Guardian [Read Article] Monday 2nd of March 2015 11:56:10 AM
...
Related to :
Balfour Beatty moves into property development at Olympic Park image
Source : Telegraph [Read Article] Monday 2nd of March 2015 09:45:28 AM
. Construction and infrastructure group Balfour Beatty has moved in to property development with an agreement to build and help finance 1,500 homes at the London Olympics venue as part of the redevelopment of the site. ...
Balfour sells down stake in wind farm power connector image
Source : Telegraph [Read Article] Monday 16th of February 2015 04:46:28 PM
. Balfour Beatty has cut its stake in a power transmission system for an offshore windfarm, while also buying an Isle of Wight ferry company. ...
Balfour Beatty sells stake in windfarm transmission system image
Source : Guardian [Read Article] Monday 16th of February 2015 08:59:32 AM
...
Related to :
Balfour Beatty reveals Thames Water contract win image
Source : Telegraph [Read Article] Monday 2nd of February 2015 08:19:09 AM
. Troubled infrastructure group Balfour Beatty has announced that its joint venture project has signed a £800m contract with Thames Water, just two weeks after issuing its sixth profit warning in a little over two years. ...
Source : Independent [Read Article] Saturday 24th of January 2015 12:17:20 AM
.... The bank reckons the commodity trader will have to cut spending and sell off assets to maintain its credit rating. An upgrade from Numis helped spur Balfour Beatty 11. ...
Spectre of Carillion bid stalks Balfour Beatty after fresh profit blow image
Source : Independent [Read Article] Friday 23rd of January 2015 01:10:36 AM
. The ailing builder Balfour Beatty laid itself open to a fresh takeover attempt by its smaller rival Carillion yesterday after a £70m profit warning and the announcement it is reviewing its dividend policy. ...
Balfour Beatty: auditors uncover weak controls and escalating costs image
Source : Guardian [Read Article] Thursday 22nd of January 2015 06:12:19 PM
...
Related to :
Balfour Beatty and Oxford Instruments warn on profits image
Source : Guardian [Read Article] Thursday 22nd of January 2015 10:22:16 AM
...
Related to :
FTSE hits four month high on ECB QE image
Source : BBC [Read Article] Thursday 22nd of January 2015 10:13:28 AM
Balfour Beatty cuts profit forecast by £70m image
Source : BBC [Read Article] Thursday 22nd of January 2015 08:33:51 AM
. Balfour Beatty has said it expects profits for 2014 to be £70m lower at its construction business due to problems with contracts. ...
Balfour Beatty unveils further £70m profit shortfall following KPMG review image
Source : Telegraph [Read Article] Thursday 22nd of January 2015 07:34:42 AM
. Embattled infrastructure group Balfour Beatty has issued its sixth profit warning in a little over two years after a KPMG review of its troubled UK construction business found a further £70m shortfall. ...
£1.5bn contract boost for Balfour Beatty follows run of bad news image
Source : Telegraph [Read Article] Monday 19th of January 2015 07:28:39 AM
. Embattled construction group Balfour Beatty has won up to £1. ...
A to Z of Business 2014 - Tesco, Uber, Russia and Lloyds took centre stage this year image
'It's a marathon, not a sprint', Balfour Beatty's new boss warns staff image
Source : Telegraph [Read Article] Tuesday 23rd of December 2014 12:11:13 PM
. The incoming chief executive of Balfour Beatty has promised staff at the troubled construction and engineering group not to expect instant results when he takes the reins next month. ...
Carillion rules out bid for Balfour's investment portfolio image
Source : Telegraph [Read Article] Wednesday 10th of December 2014 01:24:38 PM
. Support services group Carillion has effectively ruled itself out of bidding for Balfour Beatty’s stable of public private partnerships contracts, which was last week the target of a £1bn speculative bid. ...

Page rendered in 1.7168 seconds.