Latest Business News

2020 has been a year of challenge and change. For Ramboll it has also been a year to reflect on where it has come from.

Covid-19 continues to impact the engineering and construction industry, presenting challenges and uncertainty for the entire supply chain.

The former head of Heathrow Airport expansion Phil Wilbraham has joined Keltbray in a major shake-up of the firm’s senior management.

Graham has posted an £11.3M profit before tax for the financial year up to 31 March 2020, a 38% rise on 2019 (£8.2M).

Morgan Sindall’s full-year profit will be “slightly” above its expected range of £50M to £60M, it announced today.

Latest market research has suggested that the infrastructure sector will grow by a third next year but there are indicators that it will be slower this winter, according to Arcadis.

Sir Robert McAlpine is bracing for a drop in revenues for 2020/21 due to Covid-19 and the subsequent downturn in the economy.

Network Rail spent £2.52bn of its total £7.1bn expenditure with small and medium-sized enterprises (SMEs) in the 2019-2020 financial year, exceeding the government target of 33% to be spent with small and medium businesses.

The impact of the Covid-19 pandemic has been laid bare by a series of financial results recently released by construction and engineering firms. Big name contractors Galliford Try, Kier, Costain and Amey have all reported losses.

Say it with a whisper, but there is quite a lot we could learn from teenagers. For at least the last decade, the iPhone generation has spent its time effortlessly sliding between the real world and cyberspace, with the likes of FIFA and Fortnite easily connecting gamers the world over.…