Getting on board: Kier Group says new chief to oversee strategic review

Kier Group has announced that new boss Andrew Davies will lead a strategic review of the construction firm. The group said the review will consider ways of “further simplifying Kier” to create a more focused business. It will also examine the allocation of capital resources across the group and ways to improve cash generation and reduce debt. Davies was appointed chief executive of the FTSE 250 business in March and joined officially yesterday. Among its projects, Kier is working on the new HS2 railway line (above).