Balfour Beatty wins £110m rail contract
FTSE 250 infrastructure group Balfour Beatty has been awarded the Whitechapel Crossrail contract worth £110m.
FTSE 250 infrastructure group Balfour Beatty has been awarded the Whitechapel Crossrail contract worth £110m.
The project, awarded to a joint venture between Balfour, Morgan Sindall and Vinci Construction, includes the demolition of the existing station, construction of a new ticket hall, platform upgrades and the construction of a new station.
"We are delighted to have been awarded this Crossrail contract," said chief executive Ian Tyler.
Subscribe to 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
"We, together with our joint venture partners, are using the full range of skills, resources and technical expertise required to deliver not only this contract, but the Whitechapel and Liverpool Street station tunnels project, awarded to the joint venture in January this year."
BC
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.
-
State pension gender gap ‘almost closed’ for new retirees – but private gap widens
The state pension amounts for men and women are on course “to be equal very shortly”, says Department for Work and Pensions
-
State pension boost could help millions – how to plug gaps in your National Insurance record
More than 2 million people are not receiving the full amount of state pension and potentially could increase how much they get