A look at the numbers behind the scrapping of a 12,000-seat arena in Bristol, a turnover band thriving in this year’s CN100 and a new role for an HS2 director
£122m – Buckingham’s Bristol proposal
20180907 week in numbers Bristol
During a cabinet meeting, mayor of Bristol Martin Rees questioned whether this money should be invested in a “vanity project” and a decision was made to explore an alternative mixed-use scheme with developer Legal & General. The scheme could include a conference centre, a hotel and commercial, retail and residential spaces.
£752.4m – Robertson Group’s latest turnover
Coming in at 22nd in this year’s CN100, work on major projects caused revenue for Robertson Group to jump by a third from £565.4m to £752.4m in its last financial year ending 31 March 2018.
Executive chairman and founder Bill Robertson told Construction News: “At this point in time we’re doing four or five, whereas we had been doing one or two in the past.”
16 – £300m-£500m turnover band
20180907 week in numbers CN100
This year’s CN100 report reveals that, on average, the UK’s top 25 contractors by turnover made a 0.2 per cent pre-tax margin in their most recent accounts. This sinks to -0.9 per cent across the top 10 contractors, a figure that has dropped for a fifth-successive year in 2018’s findings.
$40bn – Cost of Canada’s Metrolinx programme
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Metrolinx is said to represent the biggest transport investment in Canadian history, and aims to improve transport links from the centre of Toronto to its neighbouring municipalities. Mr Griffiths’ career prior to HS2 included a five-year spell at Mace up until 2005. He also held director positions at West Midlands Passenger Transport Executive, Centro and Transport for Greater Manchester.
33 – London’s construction programme backers
20180907 week in numbers London
The deal will be split across four lots, each with sub-categories based on value and regions. The framework is expected to commence in 2019 and run for five years.
Lot one will cover housing projects, firms on lot two will deliver education and leisure work, and lot three will comprise capital projects. Lot four will cover heritage and historical projects and be divided into two value sub-categories of £1m-£10m and £10m-plus.