More news – Page 3504
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NewsSharewatch — Alfred McAlpine falls again in wake of slate scandal
Alfred McAlpine’s shares continued to fall last week after the announcement that fraud in the slate division had cost the contractor £56m before tax. McAlpine’s shares dropped 8.7% to 460p over the week, making it the industry’s biggest casualty.
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Foster joins construction bigshots on Rich List
Architect Norman Foster is a new entry in this year’s Sunday Times Rich List, coming in at 249th with £295m.
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Connaught plans more growth
Mark Davies, the chief executive of property services provider Connaught, said the company will continue to grow its asset management business, following a 37% rise in pre-tax profit.
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Carillion enters domestic insurance market
Carillion has launched a claims insurance business to manage domestic buildings cover on behalf of Norwich Union.
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Estate agents warn that HIPS will bring housing ‘meltdown’
Home Information Packs (HIPS) have come under fire this week and the government has been urged to postpone introducing them on 1 June.
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NewsJerusalem-on-Thame
Metropolitan Housing Trust has won planning permission for a scheme that will provide accommodation for north London’s Orthodox Jewish community.
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FeaturesNot everyone’s cheering
At 3pm on 19 May, all the public outrage that accompanied the delay to Wembley stadium will dissolve in the heat of an FA Cup final. But many of the firms that built it will find it harder to forget, particularly those in administration.
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Skanska UK reports 45% rise in turnover
Skanska UK has reported a 45% rise in turnover in the first quarter of 2007.
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WSP growth plans
WSP is hoping to make international acquisitions in 2007, chairman David Turner said at the consultant’s annual meeting.
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Balfour buys Bignell
Balfour Beatty has acquired Bignell & Associates, a London-based project management and property development consultant, for an undisclosed sum.
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Sweett in Newcastle
Cyril Sweett’s expansion continues with the opening of a regional office in Newcastle upon Tyne.
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Slough appointment
Property investment and development company Slough Estates Group has promoted Colin Young from commercial manager of construction to be head of its construction arm.
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Ennstone shares
Building group Ennstone has announced a share placing and open offer intended to raise £50.8m.
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NewsBack in the Black Country
Staffordshire developer Jessup has submitted plans for this £65m scheme to regenerate Walsall’s canal area.
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Northern Ireland fall
The number of planning applications for homes in Northern Ireland fell 61% in the first quarter of 2007, according to consultancy planningonline.co.uk. It blamed the drop on planning curbs on rural housing.
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Lovells 2.3m deal
Lovell has been selected to build a £2.3m scheme at Sutton in Ashfield, Nottinghamshire, for housing association Derwent Living.
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33m Trident loan
Nationwide Commercial has provided a £33m loan to Trident, a housing association in the West Midlands.