All articles by Angela Monaghan – Page 20
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FeaturesWas ken right?
Three years ago, Livingstone described the imminent part-privatisation of the Tube as ‘folly’. Three years later, London Underground released a report that appeared to agree with him. Building analyses the evidence – and cross examines the Tube consortiums …
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NewsSharewatch: Katrina strikes
Although the announcement of a slowdown in consumer spending last week reinforced fears about the state of the UK economy, construction fared reasonably well.
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Livingstone threatens Tube firms
London mayor Ken Livingstone has told the two PPP Tube maintenance consortiums that he will ask the government to dispense with their services if they fail to deliver projects on time and budget
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NewsSmout reveals five-year plan for Gleeson Building
Five months after the buyout, managing director talks about turning former Gleeson arm’s £16.6m loss into a £4.8m profit by focusing on smaller education, health and residential projects
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NewsMidas boss plans 15% growth in next five years
Ambitious new chief executive Alan Hope says contractor can hit £300m turnover by 2010
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Balfour Beatty secures £450m
Quoted contractor stretches lead to £1.5bn over nearest competitor in annual rolling league
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NewsProcure 21 contracts boost HBG’s order book to £1bn
Chief executive acknowledges health service deals have played a big part in increasing profit 15% to £18.7m
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NewsGladedale sets sights on the big time
Private housebuilder Gladedale this week expanded its board to integrate Country & Metropolitan, a listed rival that it bought and took private in March for £72m, writes Angela Monaghan.
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NewsMajor shareholder to sue Rok for more than £5m
Contractor to ‘vigorously contest’ writ from former director claiming unpaid bonuses dating back to 2002
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NewsPFI specialist plans for life without Jarvis
David Wylde Project Finance, the PFI specialist that bought back Jarvis’ 50% share in itself three months ago, could be floated on the stock market in five years.
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NewsAll aboard the merry-go-round
Wates, Mowlem, Costain, Lend Lease … The management whirligig has been picking up speed over the past few months, as construction companies across the land undergo corporate restructuring – or just nab each other’s top staff.
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Balfour Beatty heads first ABI contractors’ league
Quoted contractor claims £390m of contracts, more than twice as much as nearest competitor
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Auditor questions Jarvis’ future after £350m loss
The future of Jarvis was thrown further into doubt last week after its auditor said it was “fundamentally uncertain” whether the company could continue to operate.The full extent of Jarvis’ problems was revealed last Friday, when the firm announced a £354m loss for the year to 31 March 2005. This ...
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Amec boss sacked over wife’s £250k PR contracts
Company says Stephen Bowcott was dismissed for awarding contracts to PR executive, who he married last month
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FeaturesTop 100 Contractors and Housebuilders 2005
Amec has kept the yellow jersey for another year, despite being rapidly chased down Balfour Beatty and the ever more dynamic Taylor Woodrow. But before you pore over the placings, you should consider what the numbers don’t tell you.
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NewsA year of growth and high earnings for top 100 firms
There may have been lower margins and fewer millionaires, but league tables reveal a lucrative 2004
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NewsTaylor Woodrow warns of shrinking margins
Taylor Woodrow was this week the latest housebuilder to warn the market that margins within its UK housing business were under pressure, writes Angela Monaghan.Ahead of its half-year results, to be announced in September, Taylor Woodrow said UK operating margins had dropped 2% to about 14%.Chief executive Ian Napier also ...