The transaction comprises £140m of equity, and £70m of debt, valuing Cala at £210m. Patron and Legal & General each take a 46.5% share, leaving 7% within the hands of senior management. The new owners have promised funds for significant land purchasing. Lloyds Banking Group will continue its support of the business with a brand …
Director hit with £20,000 bill after worker loses leg
8 April, 2013 | A director of a Wimborne building firm was fined £2,000 and ordered to pay costs of £18,000 after a self-employed worker lost his leg engaged on a cottage extension. Not yet a subscriber Sign up today for instant and complete access to cnplus.co.uk and the weekly Construction News magazine …
High Court rejects HS2 challenge
A High Court judge today threw out attempts to derail the scheme to construct new lines from London the Birmingham, Leeds and Manchester. In what the federal government is describing as a landmark victory, of the 10 broad areas of challenge presented against HS2 Phase One (from London to Birmingham) by four sets of claimants, …
Four appointed to £600m Scottish Hydro substation framework
8 April, 2013 | Consortia including Miller, Balfour Beatty, Alstom and Bam Nutall have all won places on Scottish Hydro Electric Transmission’s £600m framework to deliver new electricity substations inside the north of Scotland. Not yet a subscriber Sign up today for fast and complete access to cnplus.co.uk and the weekly Construction News …
Crossrail excavations reveal Black Death skeletons
Archaeologists engaged on the Crossrail project have discovered an historical burial ground in central London. Thirteen skeletons was uncovered lying in two carefully laid out rows at the fringe of Charterhouse Square at Farringdon, and are believed to be as much as 660 years old. Historical records make connection with a burial ground inside the …
London Square scoops £50m veteran care home conversion
8 April, 2013 | Residential developer London Square has won a £50m contract to revive and convert the listed Grade II listed Richmond Home in West London, which previously treated World War One veterans, into residential homes. Not yet a subscriber Sign up today for fast and complete access to cnplus.co.uk and the …
Camberwell house fire families seek compensation
5 April, 2013 | A legal action was launched by the families of six people that died during a hearth at Lakanal House in Camberwell, south London, in response to reports. Not yet a subscriber Sign up today for instant and complete access to cnplus.co.uk and the weekly Construction News magazine for as …
Safety videos for working at height
The talks offer expert advice on using a number of work-at-height equipment. Each runs for roughly ten minutes and include an internet test in order for viewers have understood their content. They could be viewed for gratis online at www.accessindustryforum.org.uk/vtt.htm. Different AIF member organisations address different issues. The International Powered Access Federation (IPAF) talks about …
Kier-Graham consortium wins £64m Salford Uni campus
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Five invited to tender £800m Highways Agency contract
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