27 March, 2013 | Two flagship government payment initiatives were under scrutiny this week as Carillion pushed out payment terms to 120 days under the umbrella of prime minister David Cameron’s scheme geared toward supporting SMEs. Not yet a subscriber Sign up today for fast and complete access to cnplus.co.uk and the weekly …
Former WYG man joins Sweett board
He takes the seat of Jeff Hewitt, who has opted to face down. Mr Wilton qualified as an accountant with PricewaterhouseCoopers and spent 120 years with the merchant bank Rothschilds. He was finance director of WYG for 3 years until December 2011, since when he have been a self-employed financial gun-for-hire. Sweett chairman Michael Henderson …
Wates construction profits fall 48% but cash stays strong
25 March, 2013 | Labour’s Nick Raynsford MP has announced his intention to face down on the next election, expected in 2015. Not yet a subscriber Sign up today for fast and complete access to cnplus.co.uk and the weekly Construction News magazine for as low as £12 a month! Need help Call 0844 …
Olympic marketing licence rejections top 100
25 March, 2013 | Exclusive: The variety of firms rejected from Olympic market licences has reached 104, meaning the rejection rate has risen slightly to 19 per cent. Not yet a subscriber Sign up today for instant and complete access to cnplus.co.uk and the weekly Construction News magazine for as low as £12 …
Marshalls takes its medicine as restructuring costs bite
For the year to 31 December 2012, revenue was down 7% on continuing operations to £309.7m (2011: £334.1m). The autumn in sales was attributed to the record rainfall. Pre-tax profit before restructuring costs and asset impairments was down 24% to £10.4m (2011: £13.7m). Factor within the £21.5m charge and Marshalls saw a pre-tax lack of …
Five firms in Olympic Stadium conversion race
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Southern expansion for Scottish demolition contractor
The company, which increased turnover by 60% last year to £16m, has taken a collection of offices at Carwood Business Park in Leeds and a south of britain office can also soon be at the cards. Masterton has recruited 27 people from around the Yorkshire region to function from its new northern base. Masterton has …
Amey beats Carillion and Interserve to £500m tri borough contract
25 March, 2013 | Exclusive: Amey has beaten Carillion and Interserve to become preferred bidder for the tri-borough London contract, considered worth around £500 million. Not yet a subscriber Sign up today for fast and complete access to cnplus.co.uk and the weekly Construction News magazine for as low as £12 a month! Need …
Mace wins £400m Victoria Circle job
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UK Construction Growth
We’re pleased to report that the UK construction market really took off last month with construction work rising at its fastest pace for more than six years. It shows that many building firm are heading in the right direction, and we’re now beginning to see continual progress in the construction sector. The Markit/CIPS UK Construction …