More news – Page 4428
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Allen to sell construction arm after shock £13m loss
Group to take on name of Speedy Hire business as it exits contracting to focus on equipment hire.
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Talks held over Constructionline
Talks have been held over the future success of the government's vetting body Constructionline.
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Tube losers' compensation to rise
the four bidders for the £10bn part-privatisation of London Underground this week received letters believed to contain improved compensation offers
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Victoria Station masterplan approved
A £300m masterplan to redevelop Victoria Station, central London, has been approved by Westminster City Council.
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BDG McColl to focus on design
BDG McColl has closed its £5m-turnover design-and-build business to concentrate on design.
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CPA calls for tax cuts
The Construction Products Association has called for the Treasury to cut VAT on all domestic repair and maintenance.
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St Modwen profit up 16%
St Modwen Properties saw pre-tax profit jump 16% to £21.5m last year from £18.5m in 1999. Results for the year to 30 November 2000 also showed a net rental income increase of 14% to £22.5m in 2000, compared with £19.8m in 1999.
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Pidgley rules out merger
Berkeley chief executive Tony Pidgley has ruled his company out of the latest round of industry consolidation as any potential targets would be too expensive.
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Audit office probes Treasury PFI
THE National Audit Office has launched an investigation into the £100m PFI redevelopment of the Treasury headquarters.
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Mayor questions South Bank scheme
Rick Mather's masterplan for the South Bank Centre has been called into question by London mayor Ken Livingstone.
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CABE boss warns Leeds on design
Jon Rouse, chief executive of the Commission for Architecture and the Built Environment, this week called on Leeds to keep driving for better buildings.
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Report sets rail fatality target
more than one in 10 000 railway workers die every year and trackside workers are exposed to similar risks as workers in construction, a Health and Safety Executive report has found.
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Atkins lands education PPP
WS Atkins has been awarded the public–private partnership to take control of the London borough of Southwark's education authority.
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Countryside scores hat-trick
Developer Countryside Properties has been awarded three estate regeneration contracts.
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BAA to run £2bn Terminal 5 project itself
Client will project manage Heathrow Airport extension, taking on risk and forming management team.
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CITB pleads for cash to combat skills crisis
The Construction Industry Training Board is calling for extra resources to combat the training and recruitment crises in the industry.
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Change adjudication law, CIB tells Raynsford
Construction Industry Board recommends banning companies from writing clauses to deter adjudication.
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Morgan Sindall issues wake-up call to City
Brokers support John Morgan's call for the City to value construction companies at their true worth.
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Miletrian growth slows
Profit and turnover growth at one of construction's star performers has fallen for a second year.
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Tilbury Douglas to change name
Contracting services specialist Tilbury Douglas is to break with more than a century of tradition and change its name.