Construction News
That is in response to the Federation of Master Builders (FMB), which has found that one in four of its members has missed out on contracts because they can’t secure funding. The latest figures for the ‘funding for lending’ scheme show that lending fell significantly within the last three months of 2012. More than 40% …
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The National Specialist Contractors’ Council (NSCC) has welcomed the introduction of a brand new EU directive which may see the foundations of fair payment set out within the NSCC Fair Payment Campaign extended throughout Europe. The government has recently responded to a consultation it undertook last year on implementing legislation to tackle late payment by …
20 March, 2013 | The government’s £200m Build to hire funding pot was increased to £1bn in today’s Budget using being “significantly oversubscribed”, while the HCA’s £225m affordable fund is to be doubled. Not yet a subscriber Sign up today for fast and complete access to cnplus.co.uk and the weekly Construction News magazine …
20 March, 2013 | The Budget has revealed the govt will invest one other £3bn per year in infrastructure from 2015-16, but has given little indication on the way it will start projects within the short term. Not yet a subscriber Sign up today for instant and complete access to cnplus.co.uk and the …
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Revenue for the half-year was £659m (2011: £623m) and pre-tax profit was £2.2m (2011: £2.3m). Underlying profit before tax was up 4% to £3.8m. Much of the expansion came from its UK Construction division, where revenue increased by 18% to £280m (2011: £237m). This was at the back of London 2012 Games overlay works contract. …
19 March, 2013 | The government is to announce further cuts to most Whitehall departments of 2 per cent, to be able to fund a £2.5bn boost for infrastructure, it’s been reported. Not yet a subscriber Sign up today for instant and complete access to cnplus.co.uk and the weekly Construction News magazine for …
19 March, 2013 | Cala plans to “significantly” expand the business and its land bank – particularly in central England – after Patron and Legal & General fended off six rivals to purchase the gang for £210 million. Not yet a subscriber Sign up today for fast and complete access to cnplus.co.uk and …