Kier bags UCL museum deal

Kier's price of £17.68m has won the contractor a deal for University College London (UCL) in Bloomsbury, trumping rivals Norwest Holst and Walter Lilly.

The prize is to build the Institute of Cultural Heritage - a new museum to be known as the Panopticon and backed by former James Bond star, Sean Connery.

The project, with three floors below ground and five above and described by industry insiders as "really quite complicated", will be constructed on the site of a derelict car park in Gordon Square.