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Day: December 25, 2021

Balfour Beatty US arm to pay £49m over military housing fraud
Construction Services

Balfour Beatty US arm to pay £49m over military housing fraud

December 25, 2021

Balfour Beatty’s US operation has been ordered to pay out £49m after pleading guilty to major fraud on its military housing maintenance contract. The Balfour Beatty Communities pay-out is made up of £25m in fines and £24m

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M Group buys Babcock power lines arm for £50m
Construction Management

M Group buys Babcock power lines arm for £50m

December 25, 2021

Infrastructure specialist contractor M Group Services has bought Babcock’s Overhead Line Power business for £50m. Following the acquisition, the business will be rebranded to form part of Morrison Energy Services, sitting alongside and enhancing existing

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