More News – Page 1696
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Brighter outlook from forecasters, but severe risks remain
The forecasts from Hewes & Associates and Leading Edge sit interestingly against the other winter forecasts for construction output released over the past couple of weeks
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The Prater principle: Michael Prater interview
Over 60 years, Michael Prater’s family firm has grown from a one-man band to become the country’s biggest envelope specialist. As the company fights off its fourth recession, he tells Roxane McMeeken how it’s done
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Vertical limit
Our thanks to Xana Askew of Cassidy and Ashton Architects in Preston, who sent us these photos of urban mountaineers tackling the north face of the building next door. “I took these from my third-floor office fire escape door. Some people have no concept of vertigo … or health and ...
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A third of SMEs will cut jobs in next three months
FMB survey also reveals that 38% of members made lay-offs in final quarter of 2009
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Tributes pour in after death of ‘inspirational’ Alan Cherry
The industry has reacted with shock and sadness at the death last weekend of Alan Cherry, founder of housebuilder Countryside Properties
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Shepherd to cut turnover 40% over next two years
Contractor to restructure away from design-and-build work, and aims to reach £500m in three years
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Citywatch: Croissants and carbonara
As all good Europeans know, most Americans don’t see our continent as a mixture of individual countries and cultures
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Broadway Malyan hit by £809k of bad debt
Profits at architect Broadway Malyan have plunged 83% as a result of bad debt in the Middle East and redundancy costs
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Insolvencies rise 33% in 2009
Nearly 3,000 construction firms entered insolvency in 2009, according to figures from accountant Pricewaterhouse Coopers
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Keepmoat buys Milnerbuild
Social housing firm Keepmoat has bought Milnerbuild, a Leeds-based specialist with a £10m turnover
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Wolseley’s European boss loses job in boardroom shake-up
Materials firm Wolseley has made its European chief executive redundant in a boardroom shake-up
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Leicester trust brings £9m claim against Laing
The University Hospitals of Leicestershire NHS trust has launched a £9m counter-claim against a John Laing-led consortium that is suing it for wasted bid costs on a cancelled project
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Masdar developer to refinance
Mubadala Development Company is seeking to refinance a $2bn (£1.2bn) loan
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Creditors reject Yorkshire firm Redworth’s repayment offer
Redworth Construction looks set to become the latest victim of the recession, after a company voluntary arrangement was rejected by creditors
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The Grimdex - 01/10
The recession has officially ended – just – but construction output was as flat as the Fens in the final quarter of 09 and the mood of our Gloomwatch panel is gloomy
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In the round
The Parabola Arts Centre is a performing arts centre providing a state-of-the-art 325-seat theatre for The Cheltenham Ladies College
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Sweett wins TfL deal
Cyril Sweett has been appointed to Transport for London’s engineering and project management framework
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Pochin slides into red
Listed builder and developer Pochin’s has reported a half-year loss of £4.4m on turnover of £47.5m
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Laing names chair
PFI investment firm John Laing has appointed Phil Nolan independent non-executive chairman
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TfL advisory body
Transport for London is calling for individual consultants and project managers to form an independent panel to advise on its entire investment programme