Your browser is no longer supported

For the best possible experience using our website we recommend you upgrade to the newest version of your browser.

Your browser appears to have cookies disabled. For the best experience of Construction News, please enable cookies in your browser.

Welcome to the Construction News site. As we have relaunched, you will have to sign in once now and agree for us to use cookies, so you won't need to log in each time you visit our site.
Learn more

Week in numbers: Interserve auction and Carillion limbo

Just some of the figures behind this week’s news on ONS revisions, HS2 rivals finding out about Fluor, and the latest on Carillion.

24 hours – from HS2 bombshell to deadline

20180413 week in numbers hs2

20180413 week in numbers hs2

CN revealed this week that HS2 informed rivals that Fluor had joined the Bam / Ferrovial team just 24 hours before a crucial tender deadline for the £1.3bn station deal. HS2 formally told bidders of its decision to allow Fluor into the race on 29 March – a day before the first ITT deadline for Old Oak Common. 

1.6 – percentage point ONS revision

The latest revisions to ONS figures suggest construction did not in fact enter recession last year, with the three-month-on-three-month output change for October 2017 alone being revised up from its initial estimate of -1.4 per cent to +0.2 per cent. The new data shows output was flat or increasing on for the four months to October.

30 million – Clapham Junction’s annual traffic

20180413 week in numbers clapham 2

20180413 week in numbers clapham 2

Train operator South Western Railway has handed management of the station to Network Rail in order for upgrade works to take place. Making Clapham Junction a managed station gives Network Rail full control of its maintenance and renewal work, as well as its commercial activities.

500 – Interserve’s ‘complete dispersal’

20180413 week in numbers interserve

20180413 week in numbers interserve

The contractor will sell the equipment in an unreserved public auction next month in Rockingham, Northamptonshire. An Interserve spokesperson told CN the sale had been planned for some time and was part of a strategy to rent rather than own construction equipment.

49% – Profit increase at Shaylor

Contractor Shaylor has reported pre-tax profit of £7m for the year to 30 September 2017, giving a pre-tax margin of 4.8 per cent. The company’s balance sheet weakened slightly, with net assets decreasing from £17.9m in 2016 to £15.3m. However, the group’s cash position grew from £11.9m to £14.7m for the year.

5,000 – Carillion staff in limbo

20180413 week in numbers carillion

20180413 week in numbers carillion

The official receiver this week announced that 23 more employees at the failed contractor had been let go– around half of whom worked within the construction division and came from Carillion’s central design services team. A further 179 employees have been transferred to new suppliers, taking the total number of staff who have been found new roles to 10,000.

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions. Links may be included in your comments but HTML is not permitted.