Carillion has been awarded new contracts with an estimated total value of around £1 billion that will boost exonmic growth and create new jobs.

These include new facilities management contracts or contract extensions in the UK for Direct Line Group, Verizon and Virgin Media.

Carillion Joint Ventures are also in one-to-one negotiations to deliver further support services work for the Defence Infrastructure Organisation and for Openreach to deliver a substantial proportion of its Superfast Extension Programme to extend Superfast Broadband to 95 per cent of the UK by the end of 2017.

In construction, Carillion has secured preferred delivery partner positions and new contracts worth over £550 million.

These include further projects for the Defence Infrastructure Organisation, together with projects for the Paradise Circus Limited Partnership in Birmingham and the Kings Cross Central Limited Partnership in London.

Commenting, Carillion Chief Executive, Richard Howson, said: ”I am pleased to say that the pace of work winning in the second half of the year has continued to pick up, as we expected.

“Much of the £1 billion of new work announced today reflects our continuing success in winning repeat work for long-term customers, consistent with our selective approach to contracts and margins.

“We also continue to see some improvements in market conditions, especially in the UK, and following the UK Government’s spending review, we expect to see further opportunities for outsourcing and capital projects over the medium term”.