(Sharecast News) - Infrastructure group Balfour Beatty said it had been awarded a £1.2bn contract by Britain's National Highways to deliver a package of works for the proposed Lower Thames Crossing.

The company on Monday said it would be responsible for the design and delivery of more than 10 miles of new highway as part of the project to build a new tunnel under the River Thames aimed at easing traffic congestion in the south of England.

Reporting by Frank Prenesti for Sharecast.com