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Huge losses posted despite revenue increasing by £4m after work on Saudi scheme is put on hold
Bjarke Ingels Group’s UK business has plummeted to a £4.2m loss following its biggest project being put on hold, resulting in a wave of redundancies.
More than half of the firm’s London office had been working on the scheme in Saudi Arabia following a hiring push after the firm was awarded the job in February 2024.
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