Britain’s biggest structural steel contractor Severfield, which includes Lord’s cricket ground expansion, Tottenham Hotspur Stadium, Arsenal’s Emirates Stadium, and the West End’s Outernet among its high profile London projects, today warned of lower profits in a “challenging” market.
In a gloomy trading update the company said it had been hit by new projects being scrapped or put on hold “consistent with the current lower level of business confidence in the UK economy as a whole.”
