All articles by Phil Clark – Page 34
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Government has neglected industry, admits Raynsford
Mea culpa from minister in wide-ranging speech that touched on ethnic minorities, Egan and cowboys.
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Raynsford hit by ‘conflict of interest‘ claims
Eco-campaigner George Monbiot says minister cannot combine planning and construction roles.
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Tay Homes faces takeover risk
Sector analysts point to undervalued shares and recent reorganisation as signs of housebuilder’s vulnerability to takeover by a larger rival.
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Bullish Carillion to bolster PFI portfolio
Contractor says it intends to focus on corporate PFI work as it posts a £9.3m loss.
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Jury out over adjudication after judge scraps ruling
Glut of court cases is predicted after adjudicator’s phone call is found to be breach of natural justice.
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BBC to give Portland Place £120m refurb
Fletcher Priest, MacCormac Jamieson & Prichard, Stanton Williams and Alsop & Störmer in shortlist.
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Industry furious as tax plea ignored
Construction Confederation and Federation of Master Builders launch blistering attacks on Treasury for “riding roughshod over builders’ needs”.
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Wates powers up interiors business
New division aiming for £100m turnover by 2003 in bid to take on market leaders Interior, Overbury and Churchfield.
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Bovis may sue Multiplex over Wembley deal
Bovis Lend Lease seeks legal advice as former joint-venture partner grabs redevelopment contract.
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Armstrong: Laing may seek merger partner
Chairman says industry consolidation is positive and Laing will join in once construction makes a profit.
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French giant tipped to take on Wembley
Contractor Bouygues warms up on subs’ bench as stadium developer drops Bovis Lend Lease/Multiplex.
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Features
Feeding frenzy
After three headline-grabbing deals, there’s talk that more contractors will be swallowed up in a wave of consolidation. Others disagree – but then they’re probably on the menu …
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HBG to expand PFI portfolio in the UK
Dutch parent supports top-performing UK division’s plan to boost PFI workload by 20%.
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Costain to axe 90% of suppliers in margins drive
Number of subcontractors and materials firms to be cut from 8000 to 800, but Skanska cloud remains.
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Frantic week of mega deals hits construction
Kvaerner, Morrison, Try and Galliford all succumb to week of consolidation, with predictions of more to come.
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Bovis Lend Lease rolls out European strategy
Contractor in talks with German target as firm prepares to expand on Continent.
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BDP restructures to focus on sectors
UK s biggest architect abandons regional office structure to concentrate on markets including retail, leisure, schools and offices.
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Cloud over Costain after Skanska deal
Swedish giant s takeover of Kvaerner raises question mark over future of relationship with Costain.
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Kvaerner is favourite for Skanska bid
Norwegian giant s construction operation looks like offering the best deal for Skanska s money.
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Mersey firm buys Allen’s housing arm
City taken off guard as Morris nearly doubles turnover with £23.8m acquisition while Allen denies it plans to sell construction arm, too.