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Halcrow and Foster + Partners have unveiled proposals for a £50bn transport hub and airport in the Thames Estuary, with capacity for 150m passengers a year.

Halcrow, the civil engineering group with 6,000 staff, is to be acquired by CH2M Hill of the US for £230m.

Halcrow is planning to create 100 new jobs at its engineering consultancy in Glasgow over the next two years, having just moved to new premises in City Park.

Halcrow is to create up to 100 engineering jobs at its international consulting business in the North-East over the next five years, to handle a number of transport, environment and construction projects.

Halcrow has acquired TME Torpy, the former building services subsidiary of Enron, for undisclosed terms.