Ennstone axes 120 as offer talks remain ongoing
Posted: 19 November 2008Ennstone is shedding 120 jobs as a result of a slackening in demand for aggregates.
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Sir Robert McAlpine announces redundancies
Posted: 19 November 2008Sir Robert McAlpine became the latest big name to make staff redundant this week.
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Trade contractors slam Gee over late payment
Posted: 19 November 2008Gee Construction has come under renewed fire from trade contractors over its payment practices.
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Lack of investment puts £300m Gehry plan on the scrapheap
Posted: 18 November 2008A landmark Brighton site could lay abandoned for years after Frank Gehry’s £300m King Alfred development was scrapped.
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Plumber calls on Wolseley to negotiate over prices
Posted: 18 November 2008Wolseley’s customers are walking away and buying their plumbing and heating goods from rival suppliers who are more willing to negotiate over price, says one London-based plumbing contractor.
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JCB staff in fear of further job losses
Posted: 18 November 2008JCB workers claim they have been “hoodwinked” following 400 more job cuts last week.
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Exemplar Properties halts work on Aldgate tower
Posted: 18 November 2008The construction of a 16-storey tower in Aldgate, east London, is on hold as its developer struggles to find a tenant.
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Builders call for £2bn clearing house boost
Posted: 18 November 2008House builders have called for a boost to the government’s £200m clearing house fund set up to buy unwanted homes to turn into social housing.
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Countryside Properties (Northern) to shed 80 jobs
Posted: 18 November 2008House builder Countryside Properties (Northern) plans to make up to 80 of its 200-strong workforce redundant.
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London commercial construction activity falls 63% in 12 months
Posted: 18 November 2008Construction activity in London’s commercial sector has fallen 63% compared to a year ago, according to a new report from property consultancy Drivers Jonas.
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Chancellor promises Crossrail will go ahead
Posted: 18 November 2008The government has promised to “maintain investment” in Crossrail to ensure it is not delayed by the recession.
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Balfour Beatty appoint new chief operating officer
Posted: 18 November 2008Andrew McNaughton has been appointed to the new post of chief operating officer at Balfour Beatty.
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Barratt: £200m savings from work-in-progress checks
Posted: 18 November 2008Barratt has cut back hard on the amount of work-in-progress on its housing sites and says that it is “on track” to deliver its target of a £200m benefit.
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Wolseley to close 200 UK branches and cut 2,000 jobs
Posted: 18 November 2008Wolseley, the builders’ merchant group, is to close 200 of its branches, resulting in 2,000 job losses in the UK.
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Balfour Beatty Workplace: new name for division with £1bn turnover aspiration
Posted: 17 November 2008Balfour Beatty aims to double the size of its £410m-a-year turnover Haden Building Management division to £1bn within the next five years.
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Wates Living Space to cut 48 jobs
Posted: 17 November 2008Wates is consulting with staff over plans to make 48 people in its affordable housing division Living Space redundant.
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Taylor Wimpey may have to issue 8.5bn new shares
Posted: 17 November 2008If private equity groups take ownership of Taylor Wimpey, they would need to issue another 8.5bn new shares, according to one analyst.
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Kingspan warns profit to fall by a third
Posted: 17 November 2008Insulated panel manufacturer Kingspan has predicted a 33% fall in profits following a further slump in the UK and Irish construction markets.
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20,000 Scottish construction jobs at risk under new funding programme
Posted: 17 November 2008Delays in launching the Scottish Futures Trust will lead to the loss of 20,000 construction jobs by Christmas, the Scottish Building Federation has warned.
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Duncarse Developments in administration, £40m Riverside project delayed
Posted: 17 November 2008Construction of a £40m luxury apartment block in Dundee has been delayed after its developer went into administration.
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