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Evening Standard
Evening Standard
Business
Jonathan Prynn

Contractor Laing O’Rourke sinks to biggest ever loss

Britain’s biggest privately owned contractor Laing O’Rourke has crashed to its biggest ever loss following problems with projects in London and Australia.

The Dartford based business said it fell £288 million into the red in the year to end March on turnover up £500 million to £3.6 billion. Its previous biggest deficit was the £246 million loss in 2016.

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