Transport officials plot PFI-style deal to fund HS2 Euston station Transport and infrastructure Government officials are reportedly planning to raise at least £3bn from private sector investors to help fund the new HS2 station at Euston and renovate the neighbouring mainline terminus.
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 [...]
Mike Ashley’s Frasers Group hires former HS2 and HMRC boss Retail Mike Ashley's retail empire Frasers Group has joined the former chair of HS2 and CEO of HMRC to its board.
HS2: Cancelling London Euston section would pile pressure on Elizabeth Line, advisers warn May 16, 2024 Cancelling the Euston section of HS2 would put too much reliance on the Elizabeth Line, government advisers have warned.
Mace: HS2 London Euston contractor boss to step down in top brass shake-up May 8, 2024 HS2 Euston contractor Mace Euston has announced a new chief executive alongside a raft of top-level changes.
Work on £1.75bn Midlands Rail Hub to begin after extra funds injected February 29, 2024 Design work on the £1.75bn Midlands Rail Hub project is set to start after the government provided an extra £123m.
Why does Britain suck at building major infrastructure? February 8, 2024 An overzealous planning system and disjointed supply chains are reasons why the UK lags behind on building major infrastructure, a report has found.
Exclusive: Government accused of using ‘fag packet’ in hotel room to draw up £36bn HS2 replacement plan January 11, 2024 The government is facing backlash after sources claimed its much-maligned HS2 Network North plans were rushed together by Number 10 spads.
Balfour Beatty ‘unaffected’ by HS2 setbacks in optimistic trading update December 7, 2023 Balfour Beatty is forecasting higher annual revenue, driven by strong HS2 volumes in the UK and increased major airport activity in Hong Kong.
HS2: Reports of whistleblower allegations ‘a disgrace,’ says interim boss November 16, 2023 Reports of whistleblower allegations of a multi-billion pound cover-up of HS2’s soaring costs are “a disgrace,” HS2 interim chief has said.