Latest Business News

Major UK contractors and consultants have vowed to deliver projects such as High Speed 2 (HS2) “as efficiently and affordably as possible”.

The pledge came in the form of an open letter to prime minister Boris Johnson, signed by bosses of major engineering firms including Aecom, Atkins, Keltbray, Mace, Mott MacDonald…

One in three contracts were not fit to deal with the effects of the Covid-19 pandemic and, as a result, clients are bearing responsibility for additional costs and time delays, according to research from Turner & Townsend.

Turner & Townsend’s Covid survey showed that the majority of liability arising from the…

A new alliance of UK engineering and research bodies has been formed to provide the sector with a “a single, consolidated voice”.

The alliance is called Actuate UK and is formed of eight trade, technology, research and professional bodies in engineering services. Those are: The Building Engineering and Services Association (BESA) The Building…

Ferrovial has reportedly relaunched the sale of its UK outsourcing firm Amey.

Morgan Stanley has been brought in to run the sale, according to Sky News. It comes just over two years after Ferrovial first attempted to sell off the services division. Ferrovial has been attempting to secure a sale for…

Infrastructure delivery is critical to a country’s economic strength. Road and rail connections are vital for the supply of goods and materials, and they also link cities, towns and villages, enabling people to access job opportunities and support businesses.

Infrastructure investment has historically been funneled into projects in London and the…

Atkins is to assess plans to introduce electric air taxis in south west England.

Trials could begin as early as 2023, following the award of a £2.5M grant from government to assess the plans. Atkins will work with Vertical Aerospace and the West of England Combined Authority to assess the feasibility…

Senior figures at Arup, Balfour Beatty and Heathrow have been appointed to the government’s Build Back Better Council, set up to provide a roadmap to recovering the UK economy following the economic downturn due to Covid-19.

The prime minister chaired the first meeting of a new business council earlier this week.…

Transport for London (TfL) has been told to settle on an estimated final cost for completing Crossrail before the Mayor’s final 2021/22 Budget is submitted.

In response to London Mayor Sadiq Khan’s draft budget, the London Assembly’s Budget and Performance Committee has urged TfL to set a final cost for Crossrail…

More than £115M had been spent on developing Crossrail 2 proposals during the last six years before the project was mothballed in November, NCE can reveal.

The money was spent on developing the route for the now mothballed scheme designed to connect south west London with north London. The Department for…

Government pledges to “level up” the UK by investing in Northern transport schemes are “threatened” by the government’s decision to slash central funding to Transport for the North (TfN).

Papers released ahead of this week’s TfN board meeting reveal that TfN is set to lose 40% of its core funding and…