Lord Foster’s new observation deck, Birmingham’s Carillion hangover and Kier-Volker’s F-35 deal are among this week’s headlines.
305 m – Foster’s Tulip
If built, the tower would stand as the tallest structure in the City, overshadowing the yet-to-be-built One Undershaft. The scheme’s backers have submitted a planning application, with construction potentially starting in 2020 and the tower opening to the public in 2025.
£2.3m – Paradise’s Carillion loss
The Paradise Circus Limited Partnership has requested £49.5m of additional funding from the project’s local enterprise partnership, which includes £2.3m to cover the balance of Carillion’s liquidation claims, as well as £30m for infrastructure and £17.2m for CPO costs.
7% – approximate Keller job losses
Keller has said it will cut 700 jobs worldwide and suffer restructuring costs of £57m following poor performance in Asian markets. In a trading update, the group said it expected to take the exceptional restructuring charge in its full-year results for 2018, due to be announced next March.
10.5% – construction’s share of injuries
Mr Waterman noted that 58,000 of the 555,000 UK workplace injuries last year were in construction. The seminar also saw Balfour Beatty safety chief Heather Bryant confirm the contractor wants to eliminate methods that lead to injuries such as hand arm vibration syndrome.
700 – workers for F-35 facilities
The Defence Infrastructure Organisation has selected a Kier-VolkerFitzpatrick joint venture for the £160m contract, which will include the construction of a flight simulator facility, a maintenance unit, new hangars and storage facilities.