Industry should look in the mirror: Laing O’Rourke’s losses do no one any good

dave index

A personal disaster for the UK’s biggest private contractor is also a window into where contracting seems to be right now, writes Dave Rogers

It is difficult to know where to begin with Laing O’Rourke’s latest results.

Where to start indeed? Perhaps with whether it is a legitimate question to ask the finance director of Laing O’Rourke – that’s Laing O’Rourke, the country’s biggest private contractor by some distance!! – if the firm is going to go bust.

Unfazed, because one suspects she has been asked this a few times in the past few weeks, especially by clients, Rowan Baker took the question on, answered it in a roundabout way before finishing her sentence with one word: “No.”

Already registered? Login here

To continue enjoying Building.co.uk, sign up for free guest access

Existing subscriber? LOGIN

 

Stay at the forefront of thought leadership with news and analysis from award-winning journalists. Enjoy company features, CEO interviews, architectural reviews, technical project know-how and the latest innovations.

  • Limited access to building.co.uk
  • Breaking industry news as it happens
  • Breaking, daily and weekly e-newsletters

Get your free guest access  SIGN UP TODAY

Gated access promo

Subscribe now for unlimited access

 

Subscribe to Building today and you will benefit from:

  • Unlimited access to all stories including expert analysis and comment from industry leaders
  • Our league tables, cost models and economics data
  • Our online archive of over 10,000 articles
  • Building magazine digital editions
  • Building magazine print editions
  • Printed/digital supplements

Subscribe now for unlimited access.

View our subscription options and join our community