UK builders find support in Labour’s plan to upgrade roads, railways


- Bloomberg

LONDON: British infrastructure firms stand to benefit from the Labour government’s spending plans for roads, railways and energy projects, with strong order books expected to feed into improving outlooks during the upcoming earnings season.

Companies including Balfour Beatty Plc, Costain Group Plc, Morgan Sindall Group Plc and Kier Group Plc are lined up to win orders after Chancellor of the Exchequer Rachel Reeves announced £113bil (US$154bil) of funding for public infrastructure across the United Kingdom last month.

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infrastructure , UK , construction

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