Balfour Beatty sells off two of its firms for £4m
Equipment rental firm Vp has announced the purchase of two equipment rental businesses from Balfour Beatty for £4 million.
View ArticleEx Doyle staff to be made redundant as £4m of plant goes to auction
Remaining equipment will be used to launch a new business in Stevenage, its buyer has told CN.
View ArticleKier sells plant business, invests in energy joint venture
Kier has sold its plant business for £16 million while also signing a deal to invest £24m in a food waste to energy joint venture.
View ArticleManagers buy firm days after administration and save 19 jobs
Nineteen jobs have been saved after a Derbyshire plant and earthmoving firm that went into administration was bought by its former directors.
View ArticleHenry Boot group profits down a third after site investments
Henry Boot saw group revenue and profits drop by a third in the first half of 2012, despite a rise in construction profits.
View ArticleTravis Perkins appoints new finance director
Travis Perkins has appointed the former chief financial officer of Australian retail giant Coles as its group finance director.
View ArticleNetwork Rail sells plant arm
Network Rail has announced it intends to complete the sale of its plant arm, Network Rail (NDS-Plant) Ltd, to TXM Plant in a move that will secure 377 jobs.
View ArticleCapital allowances for plant and machinery to increase ten-fold to £250k
Capital allowances in plant and machinery will be increased ten-fold to £250,00 to enable businesses to grow, expand and create jobs, the Chancellor said today.
View ArticleAutumn statement at a glance: everything you need to know
Complete list of the parts of George Osborne’s autumn statement that will affect construction.
View ArticleTravis Perkins revenue edges up in 2012
Travis Perkins saw a slight increase in revenue in the 11 months to the end of November.
View ArticleWT Burden staff face anxious wait as sales talks continue
Hundreds of WT Burden staff are still waiting to hear what the future of their depots will be as administrators try to negotiate sales with both regional and national suppliers.
View ArticleVauxhall crane to be replaced 'within the week'
The Vauxhall tower crane hit by a helicopter yesterday morning will be replaced within the week as the UK’s biggest mobile crane is expected to arrive on site today to remove the wreckage.
View ArticleBrookfield reveals Vauxhall wreckage removal plan
Subcontractors and HSE help main contractor on the Vauxhall tower struck by a helicopter begin two-stage plan for removal of loose items and stabilisation, Construction News can reveal.
View ArticleVauxhall tower crane 'only needed to be lit at night'
The light on the crane struck by a helicopter at the Vauxhall tower was only required to be switched on at night, according to an initial air accident report.
View ArticleSuppliers sought for £300m Manchester housing framework
Manchester-based social housing regeneration group Procure Plus is looking for suppliers for a framework worth a potential £300 million.
View ArticleWork restarts at Vauxhall tower after fatal helicopter crane crash
Fit out work has restarted on the Vauxhall tower after the tragic helicopter crash which left two people dead.
View ArticleSpeedy Hire grows margin as global sales rise 37pc
Speedy Hire has increased its margin both in the UK and abroad while international business has seen a 37 per cent hike in sales, it said today.
View ArticleMajor firms prime JVs for £1.6bn work on London's 'super sewer'
Heavyweight contractors are lining up powerhouse joint ventures in anticipation of £1.6 billion of construction work on London’s ‘super sewer’, the Thames Tideway tunnel.
View ArticleTravis Perkins cautious on year ahead after solid 2012
Builders’ merchant Travis Perkins said the challenging construction market “may begin to turn” later this year after it maintained revenue and profits in 2012.
View ArticleNetwork Rail seeks six-figure compensation after tunnel incident
Network Rail has warned it will demand huge sums in compensation from whoever caused piling augers to damage a London train tunnel on Friday.
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