The key figures underpinning the week’s big news, from disability numbers in construction to new housing developments from Network Rail.
£8.6bn – Crossrail 2 funding
Mr Khan estimated that MCIL2 could raise more than a quarter of the new line’s £31bn funding between 2019/20 and 2042/43. However, the City of London this week refused to back the new levy without reassurances that funding for the project will not jeopardise new development.
22% – Infrastructure spending boom
Construction Leadership Council chairman and Crossrail chief executive Andrew Wolstenholme highlighted the forecast increase in infrastructure spending as he made the case for productivity improvements at a Construction Industry Council briefing this week.
£17m – Ferrovial’s Scottish loss
The Spanish giant revealed that the challenging motorway project had dragged its UK arm down to a £12m overall pre-tax loss for 2016. Turnover, however, increased by 39 per cent to £364m for the year.
£45bn – Supporting disabled workers
20171013 week in numbers disability 2
Construction News this week took an in-depth look at disability in the industry, meeting workers busting myths around recruitment and exploring the challenges that accessibility poses for contractors.
44% – Growth in Costain’s haul
The firm’s £541m workload from the rail operator for the year to 31 March 2017 marked a sharp increase from the previous year’s £377m. Costain’s haul represented more than 7 per cent of the £7.36bn Network Rail invested during 2016/17.
200 – Housing sites eyed
The rail operator plans to release land for up to 12,000 homes by 2020, and this week it announced a raft of new sites to be included under a multi-site development package.