IN BRIEF
CIoB plans growth
The Chartered Institute of Building has launched an expansion plan
designed to double its size to 60,000 over the next 10 years
.
Colin Harding, CIoB president, said: 'Our vision is that by the
year 2005 the CIoB will be recognised as the leading professional
body for management in construction, our members will be leaders of
the construction team.'
Building materials sales down
Sales of building materials were down 1.2% for the three months
January to March 1995 when compared with the same period in 1994
according to the latest sales survey by the Builders Merchants
Federation.
MDA and Midland agree loans and overdraft
The MDA Group, the UK-based quantity surveying and project
management company, has reached a new financing package with
Midland Bank which includes a traditional overdraft, a term loan
and what has been dubbed a 'participatory loan' which carries
interest at base rate with an additional charge based on a share -
which rises to 15% - of MDA's pre-tax profit.