Balfour lands a big one
We’d trailed it here before but now the news is in. Balfour Beatty (plus Atkins, Skanska and Egis) is preferred bidder for the M25 widening contract.
More short-term misery for motorists, but short-term joy for Balfour Beatty shareholders (up 15p on the news). And in the longer term we’d also rather be Balfour Beatty than on London’s orbital motorway.