BIG’s UK office plummets to £4.2m loss following pause on its largest project

BIG protest

Source: Daniel Gayne

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.

This content is available to registered users | Already registered?Login here

You are not currently logged in.

To continue reading this story, sign up for free guest access

Existing Subscriber? LOGIN

REGISTER for free access on selected stories and sign up for email alerts. You get:

  • Up to the minute architecture news from around the UK
  • Breaking, daily and weekly e-newsletters

 

Subscribe to Building Design and you will benefit from:

Gated access promo

  • Unlimited news
  • Reviews of the latest buildings from all corners of the world
  • Technical studies
  • Full access to all our online archives
  • PLUS you will receive a digital copy of WA100 worth over £45

Subscribe now for unlimited access.