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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.

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Ex 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.

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Kier 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.

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Managers 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.

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Henry 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.

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Travis Perkins appoints new finance director

Travis Perkins has appointed the former chief financial officer of Australian retail giant Coles as its group finance director.

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Network 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.

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Capital 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.

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Autumn statement at a glance: everything you need to know

Complete list of the parts of George Osborne’s autumn statement that will affect construction.

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Travis Perkins revenue edges up in 2012

Travis Perkins saw a slight increase in revenue in the 11 months to the end of November.

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WT 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.

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Vauxhall 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.

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Brookfield 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.

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Vauxhall 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.

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Suppliers 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.

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Work 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.

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Speedy 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.

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Major 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.

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Travis 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.

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Network 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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