The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksCostain Share News (COST)

Share Price Information for Costain (COST)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 84.00
Bid: 83.20
Ask: 84.00
Change: 3.20 (3.96%)
Spread: 0.80 (0.962%)
Open: 81.80
High: 84.00
Low: 81.20
Prev. Close: 80.80
COST Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Britain says construction work can begin on HS2 rail project

Wed, 15th Apr 2020 07:43

LONDON, April 15 (Reuters) - Britain has given the green
light for companies to start putting spades in the ground to
build a new high speed rail line, saying that work could proceed
in line with coronavirus safety guidelines despite the national
lockdown.

Prime Minister Boris Johnson announced in February that the
line, known as HS2 which connects London to northern England,
would go ahead.

The government on Wednesday issued formal notification to
the companies tasked with construction, allowing them to start
work and providing them and their suppliers with business at a
time when the pandemic has caused the economy to grind to a
halt.

"This next step provides thousands of construction workers
and businesses across the country with certainty at a time when
they need it, and means that work can truly begin," HS2 minister
Andrew Stephenson said.

Companies with HS2 contracts include Skanska Construction UK
, Costain, Sir Robert McAlpine, Eiffage Genie
Civil, Kier, Balfour Beatty and VINCI
.

Companies will need to follow Public Health England's
guidance on social distancing at construction sites during the
coronavirus outbreak, the Department for Transport said in its
statement.

Some preparatory work for HS2 has already started, such as
clearing land and demolishing buildings, but to date, no tracks
have been laid.

In approving HS2, Johnson, defied critics who said it was
overbudget and not necessary, showing his willingness to invest
in infrastructure.

He said HS2 would slash journey times and add capacity to
Britain's crowded rail network, and help with his plan to "level
up" the country by investing in transport links outside London.
(Reporting by Sarah Young; editing by James Davey)

More News
28 Sep 2021 14:12

EXECUTIVE CHANGES: Ince has new chair; Serica taps ex-Premier Oil exec

EXECUTIVE CHANGES: Ince has new chair; Serica taps ex-Premier Oil exec

Read more
6 Sep 2021 12:06

LONDON MARKET MIDDAY: Stocks rise as poor US nonfarms ease taper fear

LONDON MARKET MIDDAY: Stocks rise as poor US nonfarms ease taper fear

Read more
25 Aug 2021 11:00

SMALL-CAP WINNERS & LOSERS: Costain sinks as dividend remains absent

SMALL-CAP WINNERS & LOSERS: Costain sinks as dividend remains absent

Read more
25 Aug 2021 10:25

TOP NEWS: Costain swings to profit as new contracts give revenue boost

TOP NEWS: Costain swings to profit as new contracts give revenue boost

Read more
25 Aug 2021 07:50

LONDON MARKET PRE-OPEN: Grafton profit surges as DIY boom continues

LONDON MARKET PRE-OPEN: Grafton profit surges as DIY boom continues

Read more
18 Aug 2021 16:06

UK earnings, trading statements calendar - next 7 days

UK earnings, trading statements calendar - next 7 days

Read more
15 Jul 2021 10:48

Costain confident of further profit growth and cash generation

Costain confident of further profit growth and cash generation

Read more
15 Jul 2021 10:40

SMALL-CAP WINNERS & LOSERS: Nanoco fundraises; Costain orders slip

SMALL-CAP WINNERS & LOSERS: Nanoco fundraises; Costain orders slip

Read more
15 Jul 2021 09:36

Costain trading in line, hails strong H1 cash performance

(Sharecast News) - Infrastructure specialist Costain said on Thursday that trading was in line with its expectations as it hailed a strong cash performance in the first half.

Read more
8 Jul 2021 16:01

UK earnings, trading statements calendar - next 7 days

UK earnings, trading statements calendar - next 7 days

Read more
6 May 2021 19:25

TRADING UPDATES: Superdry optimistic; Virgin Wines toasts demand surge

TRADING UPDATES: Superdry optimistic; Virgin Wines toasts demand surge

Read more
6 May 2021 11:03

Trading on track at Costain as it targets full-year profit growth

(Sharecast News) - Costain remains on track to deliver full-year profit growth in 2021, the infrastructure specialist said on Thursday.

Read more
6 May 2021 10:29

SMALL-CAP WINNERS & LOSERS: Superdry sees "light at end of tunnel"

SMALL-CAP WINNERS & LOSERS: Superdry sees "light at end of tunnel"

Read more
4 May 2021 11:21

Babcock looking to offload rail business - report

(Sharecast News) - Babcock International is preparing the sale of its rail business, it was reported on Tuesday, the opening salvo in a company-wide divestment programme.

Read more
29 Apr 2021 16:11

UK shareholder meetings calendar - next 7 days

UK shareholder meetings calendar - next 7 days

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.