More news – Page 4509
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News
BICC to halve suppliers
Balfour Beatty parent BICC plans to cut the number of suppliers it employs from 15 000 to 8000 in the next 12-18 months.Chief executive Mike Welton made the announcement as he reported a £19m fall in pre-tax profit to £51m before exceptional items for 1999.Welton said the changes would affect ...
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Glazing falls out at Portcullis House
Specialist firms called in to assess problem at MPs building after panels in the atrium crash to the floor.
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MOD warns firms not to misbehave on prime deals
Contractors’ payment track-records will be scrutinised under contract terms announced this week.
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… While contractors slam lack of firm plans
Defence Estates announced a £4bn spending programme at the prime contracting conference, but many contractors criticised it for failing to provide more details on proposed schemes.Prime contracting project manager Alison Slade told contractors that a series of five-year contracts would be let throughout the UK between 2002 and 2004. Slade ...
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Cowboy convicted of defrauding pensioners
A Scottish Builder has been convicted of cheating pensioners out of £80 000.William McPhee, of Castlecary, near Cumbernauld, was found guilty of defrauding 16 people by carrying out unnecessary repairs, charging exorbitant prices and failing to complete the work properly.Sheriff Kenneth Maciver could have jailed McPhee, known as “King of ...
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Skidmore Owings Merrill leads Canary Wharf charge
300m spec office block to join Canada Square development, with two leisure and retail centres nearby.
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American architect climbs on housing bandwagon
Gensler wins its first UK housing scheme for Taylor Woodrow in London’s St John’s Wood.
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Watchdogs home in on Scots parliament
Three inquiry teams could soon be investigating the cost of the Scottish parliament as concern mounts over the building’s growing price tag.Ian Davidson MP, a member of the public accounts committee, has called on the National Audit Office to examine why costs have risen from £50m to £230m. The Scottish ...
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Porphyrios to masterplan £100m Rochester revival
Berkeley Homes chooses neoclassical architect to lead exemplary brownfield regeneration project.
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Rogers' bashful City building revealed
Surrounded by older buildings, Lloyd's Register of Shipping isn't as in-your-face as Rogers' other landmarks.
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Laing poaches Mowlem boss May
Laing headhunts rival’s head of building operations as chief executive resigns after 14 months in post.
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WSP in management consultancy move
Engineer WSP has headhunted a management consultant from Arthur Andersen to set up its own management consultancy division. Announcing that WSP had hit last year’s target of £100m of turnover, group managing director Chris Cole said the support services-listed firm was keen to use the new division to cross-sell to ...
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Morgan expects mergers
Redrow boss Steve Morgan has predicted that housebuilding will be hit by a wave of consolidation.Announcing a 31% rise in pre-tax profit to £34.2m for the last six months of 1999, chairman Morgan said: “I suspect that if you look forward two years, there will be considerably fewer players in ...
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Wilcon sets up on-line merchant
New Buildpack.com division will use £3m software system to set up just-in-time deliveries to sites.
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Private sector boosts output
Private industrial and commercial building boosted construction output in the fourth quarter of 1999, according to DETR figures.The total volume of construction output grew 1% compared with the previous quarter. New work in the period was 2% up on the previous quarter and 5% higher than in the same period ...
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Try profit up 48%
Construction and maintenance builder Try Group increased its pre-tax profit 48% to £5m on turnover up 10% to £166m.Group chief executive David Calverley attributed this increase to strong growth in the homes business, which increased its operating profit 50% to £5.4m on turnover up 36% to £39.7m. This was helped ...
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Persimmon reshuffles
Housebuilder Persimmon is amalgamating its operation into two new divisions.Persimmon Homes South will be led by Mike Farley and Persimmon Homes North, which will operate north of Nottingham and include Scotland, will be run by John Millar. Until now, the company had four regions: Southern, Central, Yorkshire and Northern. The ...
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Features
City slackers
Nick Raynsford is about to tell City fund managers that construction is a safe, sexy investment, but with shares in free-fall and hot money piling into the Internet, will they pay any attention?
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Features
Ross Taylor
Meet Bovis Lend Lease's new group president. The 38-year-old Australian who brokered the deal between the companies has moved to London, with a brief to integrate the two and work out where the new business is going.
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Comment
My life as a client
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