Company News Roundup: 11 February

Last Updated:

7th February 2014

ISG lands mega £125m Broadgate fit-out deal

ISG has won a £125m fit-out contract for the UK headquarters of UBS at 5 Broadgate, London.

The building is under construction and ISG is scheduled to start work on site at the beginning of 2015, following a 12 month pre-construction period.

The group will deliver 700,000 sq ft of commercial office space for UBS.

ISG chief executive David Lawther said: “Following such an exceptional year’s performance for our London fit-out business in 2013, a win of this scale and prestige is a tremendous result and further reinforces our position as the sector’s lead contractor.

Source: Construction News. Visit the ISG company page on Glenigan.

Tim Wates appointed UK business ambassador

Wates Group director Tim Wates has been appointed a UK business ambassador by prime minister David Cameron.

He joins 51 other business leaders who will promote growth among UK businesses at home and abroad, aiming to create inward investment in the UK. The Business Ambassadors Group was founded in 2008.

Mr Wates began his career with Cazenove & Co in the City of London before joining Wates Group, where he is currently a director and chairman of The Wates Family Council, which is the group’s family shareholder forum.

Source: Construction News. Visit the Wates Group company page on Glenigan.

Skanska industrial relations chief dies

Skanska’s head of industrial relations Gareth Evans died over the weekend, it has been confirmed.

Mr Evans had been responsible for labour relations at the company since 2009 and was a employment law specialist.

A spokesperson for Skanska told Construction News: “Our thoughts are with Gareth’s family at this time and we have nothing further to add.”

The contractor could not confirm the circumstances of Mr Evans death.

Source: Construction News. Visit the Skanska product page on Glenigan.

Network Rail awards contracts for £2bn electrification works

Four firms have scooped massive wins on Network Rail’s £2bn electrification programme.

The framework suppliers will work with Network Rail to plan and deliver a range of schemes, which will see major routes in England, Wales and Scotland electrified for the first time.

ABC Electrification (Alstom, Babcock and Costain), AmeyInabensa (Amey and Inabensa), Balfour Beatty and CarillionPowerlines (a 70:30 joint venture between Carillion and Austrian-based SPL Powerlines) have been appointed as suppliers to deliver £2bn-worth of work to electrify more than 2,000 miles of Britain’s railway over the next seven years.

Source: Construction News. Visit the Network Rail company page on Glenigan.