Australia woes blow £76m hole in Laing O’Rourke accounts

By Dave Rogers2022-10-19T06:00:00

Firm shells out £17m in legal fees on problem contract

More problem contracts overseas sent group profit at Laing O’Rourke tumbling with the firm’s Australia business racking up a near £76m bill on one scheme which has seen it fork out an eye-watering £17m in legal bills alone.

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

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