Nuclear gig for Kier joint venture
A Kier joint venture with BAM Nuttall has been given the task by energy company EDF Energy of doing site preparation work for the Hinkley Point C nuclear power station in Somerset.
A Kier joint venture with BAM Nuttall has been given the task by energy company EDF Energy of doing site preparation work for the Hinkley Point C nuclear power station in Somerset.
The contract is worth in excess of £100m to the joint venture. The UK construction and building services firm said the work includes excavation, earthworks, terracing, the installation of construction site infrastructure and formation of roads and networks to allow main construction to start.
The contract is expected to lead to the creation of 350 jobs, including a significant amount of local employment, while the main construction works will see up to 25,000 people work on site over the course of the project.
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
jh
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.
-
London claims victory in the Brexit warsOpinion JPMorgan Chase's decision to build a new headquarters in London is a huge vote of confidence and a sign that the City will remain Europe's key financial hub
-
Rachel Reeves's Autumn Budget: What it means for the UKOpinion A directionless and floundering government has ducked the hard choices at the Autumn Budget, says Simon Wilson
