Kier Group has revised up its debt position to include a further £50 million and revealed it will take a £25m hit on a hospital redevelopment project. In its trading statement of January 22 the firm announced that its net debt position was c.£130m at 31 December 2018, but in a surp
Kier Group
CEOs and directors from 32 energy and utilities employers have launched a sector inclusion commitment to attract more diverse and inclusive talent. Sector employers including Amey, Balfour Beatty, Clancy Docwra, Keltbray, Kier and Morrison Utilities are among the contractors signing up.
An initiative that has already given a number of young women the skills to begin their careers in the built environment sector is gearing up to welcome its next cohort of ambitious students. Facilitated by New College Lanarkshire, the nine-week Females into Construction course is backed by several s
Alyson Cameron discusses her route into construction and dispels the misconception that a career in the sector is for those struggling academically or that it isn't for women. From a very young age, building was a keen interest of mine. My dad was a joiner and I always enjoyed helping him, showing a
Phil McDowell has been promoted to operations director and joins the Board of directors for Kier Construction Scotland & North East. Phil joined Kier as a contracts manager in 2013 has been responsible for the successful delivery of a number of prestigious projects, including a number of award-w
The impact of continued uncertainty over Brexit, rising costs and squeezed margins are all reflected in the latest construction output figures from the Office for National Statistics (ONS), Scottish contractors have said. According to today’s report, the all work series decreased by 0.3% in Qu
Haydn Mursell has resigned as Kier Group chief executive with immediate effect just weeks after the firm launched an unsuccessful £264 million rights issue to help accelerate its debt reduction programme. The company announced today that Mursell will also stand down from the board of directors
Former Kier executive board member Nigel Brook has joined Robertson Construction to expand its southern operations. Mr Brook, who will take up his new position this month, left Kier as part of a management reshuffle in August.
Bank underwriters have been forced to buy shares in Kier Group after just over a third of the firm’s £250 million rights issue was taken up by investors. Kier had hoped the rights issue would help accelerate its programme to reduce its £650m debt mountain.
Employees from Kier Construction Scotland and their sub-contractors have just completed a very rewarding construction project – volunteering at Whiteleys Retreat in South Ayrshire to improve a number of its facilities. The team at Kier Construction, who are currently building the nearby state-
Design and architecture company HLM has been awarded the £160 million project at RAF Lakenheath by the Defence Infrastructure Organisation. The project includes building an F-35 flight simulator, maintenance unit, new hangars and storage facilities. HLM will be working alongside engineering an
The £9 million transformation of one of Scotland’s oldest and most historic concert halls was revealed at the weekend as Aberdeen Music Hall re-opened its doors. The complex renovation has restored much of the concert hall’s original features and created new public areas with impro
Kier has launched a £264 million rights issue to help accelerate its debt reduction programme. The firm has seen its debt levels rise in the past few years, with its net debt standing at £624m as of 31 October.
Kier Construction Scotland took home a top award for best Pupil/Student Experience at the prestigious Education Buildings Scotland awards, held recently at the Sheraton Grand Hotel in Edinburgh. The award ceremony brought education built-environment professionals from across the country togethe
A survey of members of The 5% Club has found that less than 2% of businesses are fully confident their employees are well placed to take advantage of the rising use of new technology. However, 78% of businesses surveyed strongly believe that earn and learn training opportunities, including apprentic