Contractors News – Page 316
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NewsTaylor Wimpey posts £75m profit
Housebuilder results ahead of expectations as it turns rounds 2009 loss of £96m
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NewsODA issues £300m transformation tender
Work issued despite ongoing discussion over who will control the works
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NewsMorgan Sindall lays off 600 ex-Connaught staff
A quarter of the staff transferred to Lovell have left since September
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Civils firms hit by higher costs and lower tender prices
Sector in distress as third quarter survey of workloads shows growth has not yet returned
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NewsArgent to restart £250m King’s Cross scheme
Construction has already started on two office blocks
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NewsLend Lease profit up 17%
Despite falling global revenue, profit has increased and big projects in UK and abroad are doing well
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NewsContractors call for clarity over Ministry of Defence cuts
Cuts will be made in four broad areas; staff numbers, property disposals, utilities and direct estate costs.
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NewsGalliford Try bags £48m flood defence contract
Galliford Try subsidiary, Morrison Construction, has won a £48.5m flood defence contract in Elgin, Northern Scotland
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NewsKier profit jumps 26%
Contractor says work in large number of markets enabled it to up profit despite challenging environment
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NewsContract cuts to continue under new MoD framework
But £1.5bn housing contract to be awarded in 2012 will go ahead
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NewsLabbad: Lend Lease positioning for smaller construction jobs
Shift comes as Australian parent confirms Bovis name will be dropped
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NewsAcademies: £800m to be phased over two years
Timeframe for spend revealed as court ruling gives £1bn of other BSF schemes hope
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NewsEaga buyout to add £700m to Carillion sales
Carillion’s acquires Eaga in a share-boosting move away from general contracting in the UK
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NewsMorgan Sindall seals £500m Bournemouth PPP
Morgan Sindall has reached financial close on a Bournemouth town centre PPP project will run over 20 years
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NewsLend Lease profits up as revenue falls
Lend Lease said its profits increased 17% as its revenue dropped a fifth in the first half of its financial year.
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NSCC launches campaign against retentions
No Retention campaign gains backing from members, Crossrail and Stanhope
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NewsO'Keefe fined after teenager suffers burns
Contractor ordered to pay out over £25,000 after breaching Safety Act
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NewsBarton Civil Engineering goes into administration
Woes of Gateshead contractor signal a downturn in north east market