HS2 suffers fresh blow as chief exec resigns
High Speed 2 (HS2) has yet another problem to contend with after its long-time chief executive Mark Thurston announced his departure. Thurston will leave HS2 Ltd in the autumn, when chairman Jon...
View ArticleMajor projects body declares HS2 ‘unachievable’
Whitehall’s major projects body has given the HS2 programme an “unachievable” rating. The Infrastructure and Projects Authority (IPA) gave a red rating to both the high-speed rail programme’s first...
View ArticleEuston HS2 station ‘could be cut to just seven platforms’
Contractors have demanded urgent clarity after a leaked report revealed that the Euston terminus of High Speed 2 (HS2) could be reduced to just seven platforms. An internal document drawn up by HS2 Ltd...
View ArticleCostain finishes H1 with more cash despite profit fall
Costain improved its net cash position in the first half (H1) of this year compared with H1 2022, despite a lower revenue, pre-tax profit and operating margin. The firm had £132.1m in cash on 30 June,...
View ArticleBiodiversity rules pushed back to 2024
The government has confirmed a delay to new regulations requiring developments to create a net improvement to the local environment – but only until January next year. The requirement for developers to...
View ArticleHS2 scale-back creates ‘chilling effect’
Contractors involved in Phase one of HS2 have expressed their dissatisfaction at prime minister Rishi Sunak’s decision to cancel Phase two of the project, while emphasising the need for effective...
View ArticleGovernment spent £1.25bn on cancelled HS2 leg
The Department for Transport (DfT) has spent more than £1.25bn on services relating to the cancelled second phase of HS2, according to newly analysed invoices. The largest beneficiary was Arup, which...
View ArticleHS2 northern leg: council seeks compensation over cancellation
A local authority in the North of England is calling for compensation from the government over its decision to scrap the northern leg of HS2. Cheshire East Council wrote to rail minister Huw Merriman...
View ArticleCivils firm near-doubles turnover to £222m
Bachy Soletanche Holdings (Europe) has added more than £100m to its turnover in a year. The Lancashire-headquartered ground engineering specialist posted income of £221.6m for the 12 months ending 31...
View ArticleHS2 Euston: Mace says new proposals have been ignored
Mace has put forward proposals for how the private sector can deliver HS2’s Euston station development but the Department for Transport (DfT) has not yet responded, the contractor’s boss has said. Mace...
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