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NEWSBRIEF
00:00 28 May 1997
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GERMANJOBCUTS
German skilled trades employers will slash 50,000 jobs, with 50 per cent of the cuts hitting the construction sector. The cuts are as a result of a 1 per cent decline in sales for the industries concerned, according to the Central Federation of German Skilled Trades. The previous estimate had been for a cut of 35,000 jobs but Federal Government reforms covering taxation and social contributions are forecast to cause more job losses.
SCOTTISHHOUSEPRICESRISE
Scottish house prices rose 5.4 per cent in the first quarter of 1997 with an average property costing œ58,000, according to the Scottish Housing Index. The areas showing the fastest rise in prices were Highland, East Lothian, Fife and Inverclyde. Price rises in Scotland were significantly lower than in the remainder of the UK but still 10.9 per cent higher than during the same period a year ago.
CONSTRUCTIONOUTPUTRISES
The Office for National Statistics has released figures showing output in the construction sector rose 1.8 per cent in the first quarter, putting it 4 per cent up year on year.
CHARITYPROVIDESREADYMIX
Construction Industry charity for the single homeless CRASH (Construction Industry Relief & Assistance for the Single Homeless) has provided ready mix concrete for the floor slab of a new warehouse and workshop at the Emmaus Community at Landbeach near Cambridge. The concrete floor is valued at œ1,440.
TALLESTTOWERGETSTO WORK
Commerzbank employees have begun moving into Europe's tallest office tower which reaches 259 metres into the Frankfurt skyline. Hoctief was the general contractor on a complex whose 63 upper storeys took 36 months to complete. At times the work involved 80 contractors working on site.
LAING'SNEWITDIRECTOR
Laing has appointed civil engineer Mark Joynson as the new director of its multi-million pound IT network. Joynson worked on sites in the Midlands after taking his Civil Engineering degree and went on to work for Brown and Root and KPMG.
DRAKE&SCULLWINSJLESAFETYAWARD
Jubilee Line specialist Drake and Scull won safety management awards from London Underground for their achievements on contracts 205 and 206. The œ10,000 worth of cheques were awarded to Drake and Scull by LU's Managing Director Denis Tunnicliffe and will be donated to the company's chosen charities.
AGGREGATESTAXSLAMMED
John Mortimer, chairman of the British Aggregate Construction Materials Industries, described proposals to tax natural aggregates as "unnecessary and counter productive." In comparison to other world environmental problems, Mortimer describes proposing a tax on aggregates "as fiddling while the world burns."
EXPORTASSISTANCEREVIEWED
The Government is to review all forms of export assistance using their new Export Forum. Trade fairs will be among the areas hardest hit by the new arrangements as they will no longer be part of any future rounds of the Sector Challenge.
German skilled trades employers will slash 50,000 jobs, with 50 per cent of the cuts hitting the construction sector. The cuts are as a result of a 1 per cent decline in sales for the industries concerned, according to the Central Federation of German Skilled Trades. The previous estimate had been for a cut of 35,000 jobs but Federal Government reforms covering taxation and social contributions are forecast to cause more job losses.
SCOTTISHHOUSEPRICESRISE
Scottish house prices rose 5.4 per cent in the first quarter of 1997 with an average property costing œ58,000, according to the Scottish Housing Index. The areas showing the fastest rise in prices were Highland, East Lothian, Fife and Inverclyde. Price rises in Scotland were significantly lower than in the remainder of the UK but still 10.9 per cent higher than during the same period a year ago.
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CONSTRUCTIONOUTPUTRISES
The Office for National Statistics has released figures showing output in the construction sector rose 1.8 per cent in the first quarter, putting it 4 per cent up year on year.
CHARITYPROVIDESREADYMIX
Construction Industry charity for the single homeless CRASH (Construction Industry Relief & Assistance for the Single Homeless) has provided ready mix concrete for the floor slab of a new warehouse and workshop at the Emmaus Community at Landbeach near Cambridge. The concrete floor is valued at œ1,440.
TALLESTTOWERGETSTO WORK
Commerzbank employees have begun moving into Europe's tallest office tower which reaches 259 metres into the Frankfurt skyline. Hoctief was the general contractor on a complex whose 63 upper storeys took 36 months to complete. At times the work involved 80 contractors working on site.
LAING'SNEWITDIRECTOR
Laing has appointed civil engineer Mark Joynson as the new director of its multi-million pound IT network. Joynson worked on sites in the Midlands after taking his Civil Engineering degree and went on to work for Brown and Root and KPMG.
DRAKE&SCULLWINSJLESAFETYAWARD
Jubilee Line specialist Drake and Scull won safety management awards from London Underground for their achievements on contracts 205 and 206. The œ10,000 worth of cheques were awarded to Drake and Scull by LU's Managing Director Denis Tunnicliffe and will be donated to the company's chosen charities.
AGGREGATESTAXSLAMMED
John Mortimer, chairman of the British Aggregate Construction Materials Industries, described proposals to tax natural aggregates as "unnecessary and counter productive." In comparison to other world environmental problems, Mortimer describes proposing a tax on aggregates "as fiddling while the world burns."
EXPORTASSISTANCEREVIEWED
The Government is to review all forms of export assistance using their new Export Forum. Trade fairs will be among the areas hardest hit by the new arrangements as they will no longer be part of any future rounds of the Sector Challenge.
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