Contractors News – Page 211
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NewsGalliford Try chairman steps down
Outgoing chief executive Greg Fitzgerald steps up to executive chairman, as search for new CEO continues
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NewsConstruction to grow 23% by 2018
Construction Product Association’s latest forecast predicts growth of 4.8% this year and 5.3% next year
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NewsHS2 outlines engineering contract opportunities
HS2 has laid out details of how it expects to work with contractors and suppliers at a major conference in London
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NewsFerrovial and Macquarie buy three UK airports for £1bn
Spanish contractor increases its stake in the UK’s aviation infrastructure
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NewsCity hails Balfour Beatty’s new chief executive
Outgoing Qinetiq chief executive Leo Quinn promises to ‘restore Balfour Beatty to its rightful place on the global stage’
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NewsConstruction workers burned to death in China
Dispute between land developer and local residents turns violent
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NewsRobertson Group shelves float plans
Chair of the group says it needs to achieve “higher profitability” before going onto the stock market
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NewsMajor concrete pumping firm closes
Professional Concrete Pumping has ceased trading and will not be sending any further machines to sites across the UK
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NewsWilson James wins key role on UCL campus revamp
Specialist appointed as logistics partner for University College London’s major campus revamp
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NewsSkanska to build £500m of onshore wind farms
Skanska announces joint venture with green energy firm Ecotricity to develop onshore wind farms
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NewsBalfour Beatty warns of risks of failure to sell Parsons
If shareholders fail to back sale of consultant, Balfour says it could come close to breaching its banking covenants
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NewsWillmott Dixon loses court battle over £177m contract
Contractor challenged Hammersmith and Fulham council decision to appoint Mitie to £177m housing maintenance contract
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NewsBalfour Beatty sinks to new low
Contractor’s share price continues to fall following profit warnings, with firm’s market cap sinking lower than the estimated value of its PPP portfolio
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NewsConstruction output takes sharp dip
Output now declining year-on-year according to ONS data after sharp fall in August
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NewsNine in ten subcontractors wait over 30 days for payment
Survey finds long payment terms and late payment remain rife in the industry
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NewsVinci culls two UK directors as new chief executive joins
Firm undergoes management shake-up as Bruno Dupety replaces long-time boss John Stanion
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NewsTwo bidders for £380m PF2 hospital
Laing O’Rourke joint venture to battle Carillion to build the UK’s first PF2 funded hospital
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NewsDerwent dusts off £150m Saatchi building revamp
Exclusive: Three contractors in the running for Derwent’s redevelopment of the Saatchi Saatchi office building in central London
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NewsRoyal Bam axes 650 jobs
Contractor cuts staff, mainly in the Netherlands, as part of £79m restructure