All articles by Alastair Stewart – Page 2
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Kier results: Bellwether sounds the alarm
Kier’s results for the last six months of 2012 were more robust than many of its competitors’, but in fact they show what dire trouble the industry is in
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Dubai: A place in the sun
Alastair Stewart’s recent trip to Dubai opened his eyes to a surprising amount of construction activity going on, although margins are slimmer and clients tougher than ever before
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Outlook for construction is bleak
A flurry of trading statements downplaying the gloominess of the market can’t disguise the ominous outlook for the year ahead
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Landmark projects: How to spot a flop from 100 yards
Projects likely to lose a contractor millions of pounds don’t always have ‘failure’ written all over them, but there are warning signs that should make anyone pause
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Cash flows and the supply chain
Cash is king - but with less of it around, contractors are taking different approaches to their supply chain
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PFI: Road to nowhere
The coalition’s attempts to attract private finance to infrastructure projects merely postpones the inevitable return to PFI
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Regional strength: Those who can, reach
It may look like big beasts Bouygues and Balfour Beatty are adopting radically different UK strategies, but both know the importance of regional strength, says Alastair Stewart
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The outlook for outsourcing
Services groups that don’t share Kier’s pessimism about public sector outsourcing might do well to remind themselves exactly how local politics works
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The year in tweets: Predictions for 2012
So much to say, so little space to say it in. Alastair Stewart, a temporary convert to cyberspace brevity, tweets his thoughts about the likely shape of the year ahead
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Foster's flying circus grounded: Thames Estuary airport
Plans for an airport on the Thames Estuary have been around almost since the invention of the airplane. So let’s not get too carried away by the latest reincarnation, says Alastair Stewart
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Safety in numbers
Nobody is safe from the acquiring arms of foreign firms (apart from architects), but is this the grisly end of UK independence or just small companies fighting for survival?
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PFI: Going private
PFI has had a bad press, but with its combination of risk put on the private sector, predictable cashflow and growing demand, you could be seeing a lot more of it around
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Wining contracts: Confidence trick
Winning contracts is no longer a matter of being a big company, or even offering the lowest price. What bidders must offer clients is a sense of security
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(Nuclear) Reaction time
The Fukushima disaster has put pressure on Europe’s politicians to act expediently, says Alastair Stewart. But the signs are that the UK government will stick to its guns and go nuclear
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ONS statistics: Open your eyes
Everyone has been quick to blame the ONS for inaccurate output statistics, says Alastair Stewart. But what about the industry’s responsibility to provide the information?
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OFT could pay for being over-keen
According to directives from Europe, the OFT’s fines are levied on the basis of companies’ global turnover, not profit
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Contractor results: A turn up for the books
The latest City updates by contractors reveal a surprisingly healthy outlook, says Alastair Stewart. Order books are good shape and margins are rising … among the heavy weights at least
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Consolidation is the name of the game
A major bout of consolidation is under way, marked by a shrinking band of suppliers and a growing list of casualties. Alastair Stewart looks at the players in a game of musical chairs
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How to spot the next Rok
Rok’s spectacular collapse seemed like a bolt from the blue, but in fact it followed in the footsteps of other once admired but now failed big names. What are the warning signs?
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View from the City
Alastair Stewart, analyst at Seymour Pierce, uncovers what Ferrovial will get for its money
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