UK edition London closed
Markets
Delayed · 07:35 UK
Saturday 24 October 2026 · London closed
Topic
Every Financial News story tagged public sector projects, newest first.
A significant warning has been issued concerning internal audit deficiencies in major UK construction firms, raising alarm among officials.Nine of the top 30 construction firms in the UK may lack essential internal audit functions, risking overlooked financial threats.These…
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A call to end adversarial PFI contracts has been made by infrastructure investors to UK ministers.Using third-party adjudicators for PFI disputes diverts funds from public assets.A new 'reset mechanism' is…
The Essex-based contractor, Mulalley, faces a significant profit decline due to rising costs.Mulalley's turnover decreased by £20.8 million, significantly affecting its financial year.High inflation and mortgage rates have led to…
McLaren Construction has set its sights on significant growth and innovation with the introduction of a new division and a strategic personnel appointment.The company revealed the launch of the 'Construction…
Major contractors, including Kier and Morgan Sindall, have been appointed to a significant new construction framework in Essex.The four-year framework, managed by Essex County Council, will encompass diverse public sector…
Companies are facing a surge in claims related to long-completed schemes under Private Finance Initiatives (PFI).In autumn 2021, a geothermal system failure at North Kent Police Station led to a…
Lendlease's European construction arm is on the fast track to being sold, underlining a strategic shift by the parent company to concentrate efforts in Australia.Simon Gorski, head of Lendlease Europe,…
