More news – Page 4029
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News
Kier gets ahead of itself
Construction and housebuilding group Kier said it had completed 1158 housing units in the year to 30 June, 17% more than at the same time last year. The firm said it had a £95m housing order book, 70% more than this time last year.
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News
Abbey posts £40m profit
Housebuilder Abbey posted a pre-tax profit of £40m on sales of £133m for the year to 30 April 2004. The firm has announced that it has bought a 10-acre plot of land in Prague to develop houses on.
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News
No problems with Peterhouse
Support services group Babcock said it had found no problems at its newly acquired rail and engineering business Peterhouse, which it bought last month. Babcock said it had experienced delays in bidding for Ministry of Defence work.
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News
Key Costain figures resign
Costain deputy chairman Abdul Wahid Omar has resigned and has been replaced by Ahmad Pardas Senin. Non-executive director Leslie Rogers has also left the group.
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News
Hanson’s Thai concrete deal
Building materials group Hanson has sold its ready-mix concrete interests in Thailand to Boral for £24m.
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News
McCarthy cancels shares
Housebuilder McCarthy & Stone last week bought and cancelled 200,000 of its shares at a price of £5.53 each.
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News
RMC’s Spanish arm buys firm
Readymix Asland, the Spanish subsidiary of cement group RMC, has acquired aggregates company Hormigones Ciudad Real. Completion of the deal is dependent on clearances from the Spanish competition authorities.
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Comment
Trespassers may be injured
The appellant was a police officer who was investigating a suspected stolen trailer that had been parked in the service yard of a supermarket in the centre of Glastonbury. He entered the respondent’s property which adjoined the service area, in order, eventually, to take up a position overlooking the service ...
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Comment
A painful omission
Alstom entered into a contract with Railtrack under which there was a pain/gain share provision. Alstom subcontracted part of its works under the main contract to Jarvis. The works were completed and Alstom suffered losses in accordance with the “pain” provisions of the main contract. Alstom claimed that Jarvis ...
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FeaturesLaw report
A Court of Appeal case has just boosted the legal rights, and financial security, of disabled workers
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News‘Very, very good’ engineer is bought out of receivership
Foremans buys UK arm of rival consulting engineer Roberts and Partners after management buyout fails
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NewsAcquisition gives Rok 50m Scottish presence
Construction group Rok has a £50m presence in Scotland after buying the construction arm of Glasgow-based John Dickie Group for £750,000.
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News
Birse to halve building division
Contractor Birse is set to reduce its building division to a turnover of £30m after revealing the operation cost them £30m in the past five years
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NewsLinden: No consolidation this year
Philip Davies, chief executive of Linden Homes, has predicted that there will be no big mergers in the sector this year because of the low rating of housebuilders on the stock exchange.
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News
Pair reach peak of profession at Apex
Kent-based Apex Contractors has promoted Ian Cannings to managing director and has appointed Richard Lane non-executive director.Cannings joined Apex as a director in July 2003 from Wates, where he headed up its £90m turnover fit-out arm, and plans to set up a dedicated interiors business at Apex. He said: “Apex ...
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NewsNew boss at WYG keen to broaden firm’s horizon
John Purvis, chief executive of White Young Green, explains why the £120m-turnover firm is looking to Europe
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Comment
Bleeding edge design
The construction industry is in a state of permanent revolution, which puts a lot of pressure on those of us who have to build things
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NewsGoodbye Suburbia Hello Urban Cool
Tony Pidgley, the man who sidestepped the 1980s crash, has ditched the luxury home for city apartments – and, as Josephine Smit reports, others are bound to follow