Balfour Beatty agrees five-year road contact in Scotland
Balfour Beatty, the FTSE 250 international infrastructure group, has signed a long-term contract to manage and maintain major trunk roads in the South West of Scotland.
Balfour Beatty, the FTSE 250 international infrastructure group, has signed a long-term contract to manage and maintain major trunk roads in the South West of Scotland.
The deal was awarded by the Scottish Ministers and has a total potential value in excess of £125m.
MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Balfour Beatty Chief Executive, Ian Tyler, said: "We are delighted to have been selected by the Scottish Ministers to deliver this contract to maintain roads on routes vital to the country's economy.
"We look forward to continuing to work closely with Transport Scotland, building on our successes and bringing innovative and efficient approaches to improving trunk road maintenance."
The South West region covers an area stretching from Stranraer in Dumfries and Galloway to Alexandria in Strathclyde. It includes 681 kilometres of roads and 1,912 structures.
-
Taxpayers urged to fight automated HMRC penalties as 20,000 win on appealHMRC loses more than 60% of cases when taxpayers appeal an automated penalty it has imposed, new figures show.
-
More than five million taxpayers overpay with wrong tax codes – how to check yours is rightHMRC overcharged taxpayers £3.5 billion in income tax the latest data shows, with tax coding errors largely to blame. Accountants say it is “essential” people check their tax codes to avoid being hit with higher bills.
