Industry News

• NG Bailey drops BESNA plans

  Contractor joins Balfour Beatty in abandoning plans to introduce controversial new terms for mechanical and electrical workers

• Major contractors to look overseas this results season

  The UK’s largest contractors are expected to focus on strong overseas performances as results season gets under way.

• Smaller contractors could win in PFI shake-up

  The shake-up of the private finance initiative could end its bundled contract approach, opening up the market to smaller contractors and achieving better value for the taxpayer.

• Crossrail chairman defends project from station upgrade criticism

  Crossrail’s chairman has defended the project from criticism that promises were made for station upgrades that will not be delivered.

• Crossrail bans unsafe lorries

  Dangerous Heavy Goods Vehicles are to be banned from all Crossrail sites after the project implemented new requirements to improve cycle safety.

• Travis Perkins reports 37pc profit boost in 2011

  Travis Perkins saw 2011 pre tax profit increase by 37 per cent in the face of a depressed construction market, it said today.

• Barratt sales up 22pc in first two months of 2012

  Barratt has revealed a strong start to 2012 and confirmed a 40 per cent hike in operating profit in the six months to December.

• Galliford Try dividend doubled as profits soar 89pc

  Galliford Try shareholders have seen their dividend doubled after profits soared by 89 per cent in the six months to December, it said this morning.

• Knight Harwood tipped for Bond Street auction house

  Contractor to deliver prestigious new Bonhams HQ

• CBI renews calls for infrastructure Budget push

  Britain’s biggest employers’ group has renewed its calls on the Chancellor to stimulate economic growth by channelling new investment into infrastructure.

• MoD advertises £4.35bn FM contracts

  The Defence Infrastructure Organisation has today published OJEU notices advertising facilities management contracts worth up to £4.35 billion over a five to 10 year period.

• Feed-in Tariff Supreme Court appeal to go ahead

  The government will appeal a decision that it acted unlawfully in slashing Feed-in Tariff rates to the Supreme Court.