A construction and public services group often touted as the next business in the sector to get into financial trouble is facing a big overhaul.
Kier, the construction and local council services group, said that its new chief executive — who started work yesterday — would embark on a “strategic review” of the company’s struggling businesses.
One of the great beneficiaries of the private finance initiative, Kier builds and maintains public infrastructure such as roads, hospitals, schools, student accommodation, prison facilities, airport buildings, offices, retail parks and affordable homes.