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Almost 20% revenue decline in 2009 for URS UK

Modest profit delivered through cost saving; 17% cut in UK staff

29-Jun-10  New information about the financial performance of URS' UK business has become available, just as URS Corporation's bid to acquire Scott Wilson has come under pressure from a higher, rival bid from CH2M Hill. Results for the year ending 31 December 2009 make it clear that recession has had a noticeable impact on the UK business unit of San Francisco-based engineering and environmental consulting giant URS. Revenue fell by almost 20% to...