• Delays for Citizen M

The constructor of Citizen M’s new London flagship hotel has announced a profit warning, citing several problem projects. Construction of the Trinity Square hotel is months behind schedule, reports Building Magazine. 

Contractor Balfour Beatty said profits will be GBP75m below expectations. Citizen M and the builder have acknowledged “ongoing technical and commercial issues” with the new London project.
Read the full story here:
http://www.building.co.uk/communities/construction/contractors/flagship-hotel-one-of-host-of-problem-projects-for-balfour/5071264.article
 
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