This construction and property services group last year built 24 schools, maintained 500,000 social housing units and planted 5,000 trees, and had a record order book of £5.9bn. However, in May it announced it would cut 300 jobs as a result of the coronavirus crisis, adjusting the size of the business to predicted future activity levels. Chief executive David Allen, 48, leads Wates alongside chairman Sir James Wates, 60 — a fourth-generation member of the founding family. The Surrey-based group has been in existence since 1897, and as the coronavirus took hold, it worked on projects such as creating extra space at the Royal London Hospital.
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