Cash-strapped Roadbridge stops work on HS2

Grant Prior 3 years ago
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Civils contractor Roadbridge has suddenly stopped work on HS2 as the company faces a cash-flow crisis.

Roadbridge plant lined-up on HS2 after workers were pulled-off the job
Roadbridge plant lined-up on HS2 after workers were pulled-off the job

The Enquirer understands that hundreds of civils operatives were sent home from HS2 sites on Thursday and Roadbridge’s vast plant fleet is being packed-up.

Workers are also understood to have been let go at sites in Ireland and Scotland.

Limerick based Roadbridge has offices in England, Scotland and Wales and has been in business for more than 50 years.

The contractor has a direct labour force of more than 1,600 people.

Roadbridge has been seeking an investor in the business for some time with a deal with a “white knight” buyer understood to have collapsed earlier this week.

One source said: “Word has been doing the round for a while that Roadbridge were in trouble and suddenly today hundreds of workers at HS2 were told to go home.

“A lot of money is owed to suppliers on what is the country’s flagship civils job.

“All of the plant has been packed up to one side on the site and it looks like it will be on its way somewhere.”

Roadbridge owns one of the largest in-house plant fleets in Europe which is the company’s main asset.

On HS2 Roadbridge was working on two sites for the Align JV of Bouygues, Sir Robert McAlpine, and VolkerFitzpatrick and the EKFB JV of Eiffage, Kier, Ferrovial Construction and BAM Nuttall.

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