Archive for April, 2018

Interserve suffers £244m loss after further write-offs

Interserve suffers £244m loss after further write-offs

30/04/18

Debt-stricken Interserve plunged to a £244m loss after a full contracts review saw a further wave of write-downs. The core business delivered an underlying trading profit of £54m, mainly from the RMD Kwikform business, before nearly £300m of write-offs. Revenue was stable at £3.25bn, while operating profit was adversely impacted by poor performances in both […]

Murphy wins Wessex Water Trym Tunnel relief sewer

Murphy wins Wessex Water Trym Tunnel relief sewer

24/04/18

Wessex Water has awarded J Murphy and Sons a design and build contract to deliver the next phase of its North Bristol sewer improvement programme. The firm will now draw up detailed plans for the 6.3km Trym Tunnel Relief Sewer, which will transfer flows directly from the north of the city to Bristol sewage treatment […]

London roads upkeep JV loses court battle with TfL

London roads upkeep JV loses court battle with TfL

19/04/18

A joint venture working on road maintenance in central London has lost a High Court battle with Transport for London over work rates. Colas, VolkerHighways and AECOM got involved in a rates row arguing that strict working time constraints placed on it by TfL delayed and prolonged work requiring extra shifts and added costs. The […]

Breedon agrees deal to buy Lagan Group for £455m

Breedon agrees deal to buy Lagan Group for £455m

17/04/18

Breedon has struck a deal to pay £455m for the construction materials specialist Lagan Group. The business owned by Kevin Lagan operates in Ireland and the UK with a modern cement plant in Kinnegad in County Westmeath, nine active quarries, 13 asphalt plants and nine ready-mixed concrete plants. Last year, the private group founded in […]

Construction output slides again

Construction output slides again

12/04/18

Construction output decreased 1.6% in February, led by a 9.4% fall in infrastructure activity. While monthly data can be volatile, the trend three-month output was still 0.8% lower. Output fell in all sectors except for private housing, the largest construction sector, which recorded growth of 2.8% on a three-month basis. Compared with the output level […]

Balfour bags £115m Network Rail tamping deal

Balfour bags £115m Network Rail tamping deal

11/04/18

Balfour will be responsible for delivering tamping shifts across Anglia and South-East routes. The machines undertake maintenance, renewals and upgrade work, ensuring the track is expertly aligned. Tampers maintain the track by hydraulically lifting it and packing ballast underneath the sleepers to fill voids and realign the tracks. Mark Bullock, Managing Director, Balfour Beatty’s rail […]

The Fulham Irish Annual Golf Classic Event

The Fulham Irish Annual Golf Classic Event

10/04/18

This year SSA Recruitment had the pleasure of sponsoring The Fulham Irish Annual Golf Classic Event on the 7th April. Although our guys didn’t come in first, a great day was had by all. Well done Liam and Don!  

Field to resume stalled Hayes flats

Field to resume stalled Hayes flats

05/04/18

London building contractor C Field Construction has won a £17.7m contract from Paradigm Housing Group to complete a stalled residential development in Hayes. The development comprises three 10-storey apartment blocks, with 120 apartments in total. The location is at 20-30 Blyth Road in Hayes, the site of an old vinyl factory. The development, called the […]

Contract for £220 million A6 Dungiven to Drumahoe Dualling Scheme awarded

Contract for £220 million A6 Dungiven to Drumahoe Dualling Scheme awarded

04/04/18

The Department for Infrastructure has appointed the contractor to construct the A6 Dungiven to Drumahoe Dualling Scheme. The award is to a consortium of Sacyr, Wills Bros and Somague and is a major milestone in the delivery of this NI Executive Flagship project. The 25.5 kilometre scheme represents an investment in the region of £220 […]

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