Costain chief: Super sewer-style PFIs would power up UK infrastructure Business The approach at the Thames Tideway Tunnel echoes the old Labour government's private finance initiatives (PFIs).
Costain launches £10m share buyback as profit and backlog jumps Business Engineering firm Costain has kicked off a £10m share buyback after it revealed a set of strong results this morning. In its half-year results, the company revealed that adjusted operating profit had jumped 8.7 per cent to £16.3m, thanks to an increased operating margin at its transportation arm and increased revenue at its natural resources [...]
City of London’s ‘Can of Ham’ tower to be new HQ for infrastructure firm Costain Property Engineering firm Costain is moving its headquarters from Maidenhead to the City of London.
Former Natwest fraud chief left after moonlighting for law firm that brings scam victim claims November 21, 2023 Natwest’s former head of fraud prevention quietly left his role earlier this year after the group found out he was moonlighting at a law firm specialising in bringing scam victim claims against banks.
Home working ‘slowing down’ all UK infrastructure projects, watchdog warns November 14, 2023 Working from home is "slowing down all infrastructure projects" in the UK, a key industry figure warned today.
HS2’s £1.2bn London Euston project pause confirmed, but length of delay unclear April 18, 2023 A delay on constructing a 7.2km HS2 tunnel to Euston until 2024 has been confirmed, with the project’s final shape remaining unclear. Both the DfT and HS2 did not disclose how long the delay would be for, when approached by City AM. The government has delayed the development between Euston and Old Oak Common due [...]
Exclusive: TfL chief on Crossrail, progress on a funding deal, and why levelling up needs London February 8, 2022 SOME fifteen years after the project was given government approval, TfL staff beam with pride as they escort journalists onto the gleaming Elizabeth Line platform at Paddington’s new Crossrail hub. “The Shard will fit in here quite comfortably. It’s the size of three Wembley stadiums,” explains Crossrail’s chief executive Mark Wild.Built jointly by construction giants [...]
Costain’s shares plummet after it announces whopping £53.5m National Grid payment December 13, 2021 Costain's shares dropped 7.64 per cent after it announced an eye-watering £53.5m payment after a dispute over a gas station contract with National Grid.
Facebook Marketplace a hotbed for scams warns Natwest November 25, 2021 People doing their Christmas shopping online should beware of scammers on social media sites according to new Natwest data.
Speedy Hire has the tools to grow with rising revenues and increased profits November 17, 2021 Speedy Hire is revelling in sustained strong trading performance and is set to deliver full-year results ahead of marketing expectations, as the construction rental equipment specialists looks to embrace the consumer market. The firm’s CEO, Russell Down, is looking to maximise the “untapped potential” of homeowners pursuing their own projects. It has now signed a [...]