Galliford says costs of fixing Edinburgh schools 'not material'

Construction firm Galliford Try said the cost of its exposure to the Edinburgh schools scandal was “not material to the group”.

The company said it had contractual responsibility for four of the 17 schools that have been closed due to defective building work.

It added that remedial work to fix those four schools was nearing completion. The schools were built by Miller Construction, acquired by Galliford in 2014.

The five high schools, 10 primaries and two special schools were built by the Edinburgh Schools Partnership (ESP), a consortium of Amey and Miller Construction and the Bank of Scotland.

Edinburgh Council has said it will not be footing the bill for any remedial work to make the schools safe.

Galliford shares slumped 6% on Monday in response to the news. On Tuesday they were up 2.62% at 1331p at 1000BST.