Connaught boss in £8.4m shares-for-cash transaction
Posted: 14 May 2008The king-sized director deal of April was the £8.4m shares-for-cash transaction struck by Mark Tincknell, founder and executive chairman of Connaught. Tincknell.
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Plant buyers urged to rethink funding options
Posted: 14 May 2008Companies buying plant must reconsider their funding options in the wake of the 'credit crunch' and the new tax regime that started in April.
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Construction Act included in Queen's speech
Posted: 14 May 2008The Construction Act has finally made it into the draft legislative programme for 2008/09, outlined in today's Queen's speech.
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Government plans £200m social housing boost
Posted: 14 May 2008Prime Minister Gordon Brown has unveiled plans for government to spend £200m buying unsold new homes in order to rent them out to social housing tenants.
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Land Securities plunges into the red
Posted: 14 May 2008Land Securities has registered an £888.8m pre-tax loss as part of its preliminary results for the year to 31 March 2008 amid a sharply falling property market.
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Bell to open two new facilities
Posted: 14 May 2008Bell to open two new facilities ADT manufacturer Bell Equipment is planning to open new depots in south-east England and South Wales. The locations...
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Tolent's creditor payment figure slips to 90 days
Posted: 14 May 2008Tolent’s speed at paying its suppliers and subcontractors has slipped back to the 90 day mark.
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Lancsville Construction's plans to get insurance cover restored
Posted: 14 May 2008Lancsville Construction is fighting to restore its reputation. It has declared itself willing to make fundamental changes in order to get all the leading construction insurance providers back on board.
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£200m Aquatics Centre gets planning green light
Posted: 14 May 2008Balfour Beatty will get underway this summer with the construction of the Olympic Delivery Authority’s £200m Aquatics Centre after the scheme was granted planning permission.
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Jewson director sacked over alleged £1m fraud
Posted: 14 May 2008Jewson has dismissed two members of staff and contacted police after an internal investigation revealed evidence of an alleged £1m fraud at the firm.
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Poor maintenance to blame for derailment, says RAIB
Posted: 14 May 2008Poor maintenance has been blamed for the derailment of a passenger train in 2006, according to a report by the Rail Accident Investigation Branch (RAIB).
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Redrow to make hundreds redundant
Posted: 14 May 2008Redrow has become the first major housebuilder to cut jobs as it made around 15% of its workforce - about 200 people - redundant.
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Chief in charge of T5 opening quits post
Posted: 14 May 2008The man in charge of the opening of BAA’s £4.5bn T5 building has quit his job.
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Eco-towns are 'veneer' to plans for 3m homes
Posted: 14 May 2008Campaign groups have branded the government's plans for eco-towns a "green veneer" to mask its plans for three million new homes across the country.
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Ryhurst and McAlpine bag £30m PFI job
Posted: 14 May 2008A consortium of Ryhurst and Sir Robert McAlpine have been confirmed as winners of a £30m hospital and health centre PFI job in Redcar, Teesside.
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Barratt's trading suffers in first 19 weeks of 2008
Posted: 14 May 2008Barratt Development’s chief executive Mark Clare has said that deteriorating trading conditions will see the housebuilding group “prioritise margin management”, in a management statement released today.
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HSS hooks up with online rental marketplace
Posted: 14 May 2008National tool and equipment hire firm HSS is to join one of Europe’s largest online rental marketplaces – Erento.
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National Grid introduces 'keyhole surgery' repair method
Posted: 14 May 2008National Grid has introduced 'keyhole surgery' for gas pipe repairs that can cut on-site time from up to five days with open cut methods to as little as five hours.
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Aussies bring new concrete screeder to UK
Posted: 14 May 2008Australia-based construction equipment firm Flex-Tool has introduced a new concrete screeder to the UK market.
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JCB offers EasyControl on 3CX
Posted: 14 May 2008JCB is offering three control options for its 3CX and 4CX backhoe loader models.
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