More news – Page 4545
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News
Sharp fall in Rugby interim
Restructuring and disposals drove down interim pre-tax profit at Rugby Group to £21.9m from £35.2m for same time last year. The materials firm's turnover for the six months to 30 June 1999 fell £53m to £458m.Rugby sold US laminates business Pioneer and its British and Australian joinery businesses.
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Tilbury plans services listing
Analysts are tipping Tilbury Douglas to follow Amey's lead and request a support services listing on the stock market.The group derives two-thirds of its operating profit from outside construction. It has just announced a further £12m support services contract. UKC&E, part of Tilbury's engineering division, will provide maintenance fabrication services ...
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Features
Together in electric dreams
IT Construction Best Practice promises to acquaint the small contractor with modern technology. Is this the advice that they've been waiting for, or is the FMB right in pointing to weaknesses in its approach?
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Features
Lead times
Workload is healthy as we approach the millennium, but as Mace's update shows, lead times are mostly unaffected. compiled by Mace and Gardiner & Theobald
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MOD under fire over prime contracts
Construction clashes with ministry over alleged lack of trust and payment terms.
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Fight over porters and cleaners threatens the PFI
Contractors say the PFI is not viable unless ancillary staff transfer from hospital control to PFI consortia.
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Constructionline buys credibility
Constructionline, the public-private partnership that runs an approved list of contractors and consultants, is offering 10% discounts to trade bodies in exchange for official endorsement. The public-private partnership between the DETR and Capita is offering cut-price subscription renewals to members of the 13 trade bodies that pledged to endorse Constructionline ...
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Schal beats rivals to £150m estate maintenance job
Mace and Bovis pipped in race for five-year deal to manage refurbishment of 20 000 homes in east London.
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Cracks develop in anti-cowboy policy
The government's campaign to stamp out rogue traders is set to start in disarray because of a split over who will run it. The DETR has set up a steering group to look after the quality mark scheme while industry groups debate who should do the job in the long ...
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News
Asda wants more partners
Supermarket Asda is looking for contractors with overseas experience for international projects after its £6.7bn takeover by Wal-Mart. We are looking at the possibility of working with somebody with an international presence, said Bob Simpson, Asda's head of development. The retailer already has partnering agreements with Carillion, Laing, ...
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2000 village inquiry set to exonerate developer
Investigators satisfied that Greenwich project meets brief, despite former architect's claims.
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Electricians in wildcat pay strike
More than 1000 electricians staged an unofficial strike this week in protest at a pay deal agreed between union officials and employers. The worst-hit sites were in London, and included the Millennium Dome, the Royal Opera House and the Jubilee Line Extension. On Tuesday, all 200 electricians at the opera ...
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Railtrack winner Mott MacDonald fears shortages
East Coast Mainline project manager warns of overheating after Railtrack awards £10.7bn contracts.
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Councils ignore own brownfield policies
Local authorities and regional development agencies are overriding government, and their own, brownfield development policies by encouraging developments on green-belt sites, campaigners have claimed. Towards Sustainable Economic Development, a report launched this week by the Council for the Protection of Rural England, says: Huge overallocation of [greenfield] land ...
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Homes stampede shows up double standards
Two premature occupation cases highlight different rules for public and private building control.
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Kier boss rounds on procurement critics
Busby says those attacking prime contracting and the private finance initiative are "frankly, wrong".
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Barratt chief backs interest rate rise
The chairman of Barratt, the UK's biggest housebuilder, has backed the chancellor's decision to raise interest rates. Frank Eaton said: I think it is a gentle nudge on the tiller to make sure there are no peaks and troughs. But even if the rate rises higher, I don't think ...
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Bovis float in doubt
The flotation of Bovis next month may be cancelled because of unfavourable market conditions, say analysts. Bovis' management is trying to talk up the price to £300m, but City insiders say there little hope of achieving it. This is because the market has been hit by the recent interest rate ...
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BG division set to award contracts worth £200m
National network split into 12 zones allowing firms to bid for bigger chunks of work over the next five years.
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Hyde to set Jarvis back on track
Jarvis has shaken up top management at its troubled rail division by appointing Kevin Hyde chairman of Jarvis Rail. Hyde replaces Bob Clarke, 49, who will stay on the board with responsibility for technical development and engineering. Hyde, 54, brings international experience of the privatised rail industry. He was made ...