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<title>Construction News - Construction Industry Business News</title>
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<title>Construction News</title>
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<title>Interserve acquires London interiors and refurb business</title>
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<description>Support services and construction giant Interserve has acquired a specialist interiors and property refurbishment business based in the City of London.</description>
<author>chris.berkin@emap.com (Chris Berkin) </author>
<pubDate>Thu, 23 May 2013 08:48 GMT</pubDate>
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<title>Chinese plant giant enters UK market</title>
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<description>One of China’s biggest plant manufacturers is entering the UK market for the first time.</description>
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<pubDate>Thu, 23 May 2013 07:13 GMT</pubDate>
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<title>UK firms hold 'definite advantage' for £7bn Gulf bonanza</title>
<link>http://www.cnplus.co.uk/news/business/uk-firms-hold-definite-advantage-for-7bn-gulf-bonanza/8648316.article?referrer=RSS</link>
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<description>A Bahraini minister has told Construction News UK firms have a “definite advantage” for a £7bn windfall of work due to hit the Gulf market, due to its expertise and culture.</description>
<author>chris.berkin@emap.com (Chris Berkin) </author>
<pubDate>Wed, 22 May 2013 09:35 GMT</pubDate>
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<title>Buyers circle Rowecord Engineering structures business</title>
<link>http://www.cnplus.co.uk/news/business/buyers-circle-rowecord-engineering-structures-business/8648274.article?referrer=RSS</link>
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<description>Administrators Grant Thornton are in discussions with a handful of parties over a potential sale of the structures side of the stricken Welsh steel specialist Rowecord Engineering, Construction News has learned.</description>
<author>chris.berkin@emap.com (Chris Berkin) </author>
<pubDate>Tue, 21 May 2013 13:58 GMT</pubDate>
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<title>B&amp;K directors take £6m pay rise as operating profit halved</title>
<link>http://www.cnplus.co.uk/news/business/bk-directors-take-6m-pay-rise-as-operating-profit-halved/8648242.article?referrer=RSS</link>
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<description>Bowmer &amp;amp; Kirkland’s directors took a pay rise of over £6m in the 2012 financial year, as the firm’s turnover shrunk and operating profit more than halved.</description>
<author>chris.berkin@emap.com (Chris Berkin) </author>
<pubDate>Tue, 21 May 2013 11:29 GMT</pubDate>
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<title>Royal Imtech expects net loss of £191m for 2012</title>
<link>http://www.cnplus.co.uk/news/business/royal-imtech-expects-net-loss-of-191m-for-2012/8648233.article?referrer=RSS</link>
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<description>Royal Imtech N.V. has published its preliminary annual figures for 2012 which showed a net loss of around £191m (€226m).</description>
<author>tom.fitzpatrick@emap.com (Tom Fitzpatrick) </author>
<pubDate>Tue, 21 May 2013 09:56 GMT</pubDate>
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<title>Renew boosts revenue and pre-tax profit</title>
<link>http://www.cnplus.co.uk/news/business/renew-boosts-revenue-and-pre-tax-profit/8648230.article?referrer=RSS</link>
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<description>Engineering services group Renew has announced year-on-year increases in revenue and pre-tax profit for the half-year to 31 March.</description>
<author>tom.fitzpatrick@emap.com (Tom Fitzpatrick) </author>
<pubDate>Tue, 21 May 2013 09:14 GMT</pubDate>
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<title>Competition watchdog looks to 'break open' Great Britain's cement market</title>
<link>http://www.cnplus.co.uk/news/business/competition-watchdog-looks-to-break-open-great-britains-cement-market/8648228.article?referrer=RSS</link>
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<description>The Competition Commission has found that the “structure and conduct” of the cement market in the UK is “aiding co-ordination” between major producers in Great Britain, who could be forced to sell plants under possible remedies.</description>
<author>tom.fitzpatrick@emap.com (Tom Fitzpatrick) </author>
<pubDate>Tue, 21 May 2013 08:39 GMT</pubDate>
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<title>Government construction pipeline falls by £20bn in 12 months</title>
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<description>The value of projects in the government’s construction pipeline has fallen by half, or more than £20bn, in the past 12 months.</description>
<author>luke.cross@emap.com (Luke Cross) </author>
<pubDate>Mon, 20 May 2013 13:42 GMT</pubDate>
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<title>Mitie M&amp;E staff redeployed ‘wherever possible’</title>
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<description>Mitie has told Construction News it has redeployed staff from its £140m mechanical and electrical business “wherever possible”, after a £22.1m business closure operation.</description>
<author>chris.berkin@emap.com (Chris Berkin) </author>
<pubDate>Mon, 20 May 2013 13:06 GMT</pubDate>
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<title>Sheffield tram set for £32m upgrade</title>
<link>http://www.cnplus.co.uk/news/sheffield-tram-set-for-32m-upgrade/8648184.article?referrer=RSS</link>
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<description>Sheffield’s tram network is set for a £32 million upgrade.</description>
<author>luke.cross@emap.com (Luke Cross) </author>
<pubDate>Mon, 20 May 2013 10:27 GMT</pubDate>
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<title>Mitie exits M&amp;E market as group profits rise</title>
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<description>Mitie Group has announced its exit from the mechanical and engineering contracting business after posting overall revenue growth of 8.4 per cent and a 5.4 per cent jump in pre-tax profits.</description>
<author>chris.berkin@emap.com (Chris Berkin) </author>
<pubDate>Mon, 20 May 2013 09:24 GMT</pubDate>
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<title>McLaren director: ‘We’re winning half our London tenders’</title>
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<description>McLaren Construction director Graham Sturge has told Construction News he expects the London business to double in size within the year, on the back of a “phenomenal” contract-winning streak.</description>
<author>chris.berkin@emap.com (Chris Berkin) </author>
<pubDate>Mon, 20 May 2013 00:05 GMT</pubDate>
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<title>A fifth of 2012's JVs lead to legal disputes</title>
<link>http://www.cnplus.co.uk/hot-topics/legal/a-fifth-of-2012s-jvs-lead-to-legal-disputes/8648168.article?referrer=RSS</link>
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<description>Construction disputes are taking longer than a year to resolve – up 33 per cent on the year before – and have increased on average by 270 per cent, with a fifth of joint ventures leading to disputes, according to new research.</description>
<author>chris.berkin@emap.com (Chris Berkin) </author>
<pubDate>Mon, 20 May 2013 00:02 GMT</pubDate>
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<title>Murphy buys assets and contracts of Daniel subsidiary Land &amp; Marine</title>
<link>http://www.cnplus.co.uk/news/business/murphy-buys-assets-and-contracts-of-daniel-subsidiary-land-and-marine/8648140.article?referrer=RSS</link>
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<description>Murphy Group has bought the assets and a number of the contracts of Daniel Contractors subsidiary Land &amp;amp; Marine Project Engineering, after the latter two firms entered administration.</description>
<author>chris.berkin@emap.com (Chris Berkin) </author>
<pubDate>Fri, 17 May 2013 14:02 GMT</pubDate>
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<title>Laing O'Rourke nuclear adviser and major projects don Norman Haste retires</title>
<link>http://www.cnplus.co.uk/news/laing-orourke-nuclear-adviser-and-major-projects-don-norman-haste-retires/8648121.article?referrer=RSS</link>
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<description>Laing O’Rourke nuclear adviser Norman Haste has retired after a glittering career leading on projects including Sizewell B and the Second Severn Crossing.</description>
<author>luke.cross@emap.com (Luke Cross) </author>
<pubDate>Fri, 17 May 2013 11:30 GMT</pubDate>
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<title>Central London construction hits four-year high</title>
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<description>Construction in central London has hit a four-year high, according to the latest London crane survey.</description>
<author>luke.cross@emap.com (Luke Cross) </author>
<pubDate>Fri, 17 May 2013 10:55 GMT</pubDate>
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<title>Styles &amp; Wood issues profit warning</title>
<link>http://www.cnplus.co.uk/news/styles-and-wood-issues-profit-warning/8648116.article?referrer=RSS</link>
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<description>Fit out firm Styles &amp;amp; Wood has predicted that profits for the first half of 2013 will be “significantly below” the £0.1 million it made in the same period last year.</description>
<author>luke.cross@emap.com (Luke Cross) </author>
<pubDate>Fri, 17 May 2013 10:28 GMT</pubDate>
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<title>Severfield-Rowen to cut 93 jobs</title>
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<description>Severfield-Rowen has announced that around 93 jobs are expected to go at the newly formed Severfield-Watson Structures business.</description>
<author>chris.berkin@emap.com (Chris Berkin) </author>
<pubDate>Fri, 17 May 2013 09:20 GMT</pubDate>
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<title>124 jobs go at Daniel Contractors and subsidiary</title>
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<description>There have been 81 redundancies within the top-100 firm Daniel Contractors after the company entered administration yesterday, with a further 43 jobs lost from subsidiary Land &amp;amp; Marine Project Engineering.</description>
<author>chris.berkin@emap.com (Chris Berkin) </author>
<pubDate>Thu, 16 May 2013 14:29 GMT</pubDate>
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<title>Grainger targets growth through ‘strategic alliances’</title>
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<description>Housing group Grainger has built a number of “new strategic alliances” to position the company for growth, after posting declining profits and revenues.</description>
<author>chris.berkin@emap.com (Chris Berkin) </author>
<pubDate>Thu, 16 May 2013 11:33 GMT</pubDate>
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<title>CN100 firm Daniel Contractors enters administration</title>
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<description>Deloitte has been appointed as administrator to Warrington-based Daniel Contractors Ltd and its subsidiary Land &amp;amp; Marine Project Engineering Ltd, with plans in place to safeguard around two-third of employees.</description>
<author>chris.berkin@emap.com (Chris Berkin) </author>
<pubDate>Wed, 15 May 2013 15:03 GMT</pubDate>
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<title>Boris: 'Endless' Treasury talks hand contractors the advantage</title>
<link>http://www.cnplus.co.uk/news/sectors/infrastructure/boris-endless-treasury-talks-hand-contractors-the-advantage/8648012.article?referrer=RSS</link>
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<description>Mayor of London Boris Johnson has told Construction News financial negotiations with the Treasury are giving contractors an edge “they do not need to have” in infrastructure and housing projects, leading to higher procurement costs.</description>
<author>chris.berkin@emap.com (Chris Berkin) </author>
<pubDate>Wed, 15 May 2013 13:08 GMT</pubDate>
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<title>Balfour Beatty regional number two steps down</title>
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<description>Balfour Beatty’s UK engineering services chief has stepped into the regional business following the departure of a second director.</description>
<author>luke.cross@emap.com (Luke Cross) </author>
<pubDate>Wed, 15 May 2013 08:18 GMT</pubDate>
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<title>May Gurney to vote on Kier takeover</title>
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<description>May Gurney shareholders will vote on whether to pledge their futures to Kier in a little over four weeks from today.</description>
<author>luke.cross@emap.com (Luke Cross) </author>
<pubDate>Tue, 14 May 2013 17:22 GMT</pubDate>
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<title>Murphy hires Skanska director</title>
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<description>J Murphy &amp;amp; Sons has appointed former Skanska director Colin Courtney as strategy and business development director.</description>
<author>chris.berkin@emap.com (Chris Berkin) </author>
<pubDate>Tue, 14 May 2013 16:49 GMT</pubDate>
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<title>Babcock posts 30% profit hike for 2012</title>
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<description>Babcock has forecast “further strong progress” this year after a 30 per cent profit hike in 2012.</description>
<author>luke.cross@emap.com (Luke Cross) </author>
<pubDate>Tue, 14 May 2013 10:01 GMT</pubDate>
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<title>Mears expects Morrison to break even within six months</title>
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<description>Mears Group expects Morrison to deliver a break even result for the first half-year of 2013 – before the “exceptional cost” of integration – ahead of earlier expectations.</description>
<author>chris.berkin@emap.com (Chris Berkin) </author>
<pubDate>Tue, 14 May 2013 09:41 GMT</pubDate>
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<title>Balfour Beatty UK construction revenue drops 23%</title>
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<description>Construction giant Balfour Beatty has reported a 23 per cent drop in UK Construction revenues so far this year, driving a total construction decline of 11 per cent.</description>
<author>chris.berkin@emap.com (Chris Berkin) </author>
<pubDate>Tue, 14 May 2013 08:31 GMT</pubDate>
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<title>Bouygues break makes Fitzgerald faster and more local, says MD</title>
<link>http://www.cnplus.co.uk/news/business/bouygues-break-makes-fitzgerald-faster-and-more-local-says-md/8647914.article?referrer=RSS</link>
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<description>Breaking away from Bouygues means Fitzgerald will be able to react more quickly to clients and benefit from being a truly local contractor, its new owner said this week.</description>
<author>luke.cross@emap.com (Luke Cross) </author>
<pubDate>Tue, 14 May 2013 06:41 GMT</pubDate>
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<title>Forrest tops £100m turnover in 'landmark' 2012</title>
<link>http://www.cnplus.co.uk/news/forrest-tops-100m-turnover-in-landmark-2012/8647884.article?referrer=RSS</link>
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<description>Northern social housing regeneration firm Forrest had a “landmark” year in 2012 after turnover grew 49 per cent to £100m.</description>
<author>luke.cross@emap.com (Luke Cross) </author>
<pubDate>Mon, 13 May 2013 14:19 GMT</pubDate>
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<title>Emcor UK quits UK construction services</title>
<link>http://www.cnplus.co.uk/news/business/emcor-uk-quits-uk-construction-services/8647860.article?referrer=RSS</link>
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<description>Emcor Group (UK) has announced that it is to withdraw from the UK construction market in order to focus on facilities management services.</description>
<author>chris.berkin@emap.com (Chris Berkin) </author>
<pubDate>Mon, 13 May 2013 09:07 GMT</pubDate>
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<title>Interserve takes £700m in Q1 contracts</title>
<link>http://www.cnplus.co.uk/news/intelligence/c100/interserve/interserve-takes-700m-in-q1-contracts/8647858.article?referrer=RSS</link>
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<description>Interserve has won more than £700m of new work in Q1 2013 from clients including Jaguar Land Rover and Magnox.</description>
<author>tom.fitzpatrick@emap.com (Tom Fitzpatrick) </author>
<pubDate>Mon, 13 May 2013 08:28 GMT</pubDate>
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<title>United Utilities starts £3bn AMP6 race</title>
<link>http://www.cnplus.co.uk/news/united-utilities-starts-3bn-amp6-race/8647812.article?referrer=RSS</link>
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<description>United Utilities Water has launched the £3bn tender process for its AMP6 programme.</description>
<author>luke.cross@emap.com (Luke Cross) </author>
<pubDate>Fri, 10 May 2013 10:17 GMT</pubDate>
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<title>Sweett board looks to win back defiant shareholders</title>
<link>http://www.cnplus.co.uk/news/business/sweett-board-looks-to-win-back-defiant-shareholders/8647794.article?referrer=RSS</link>
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<description>Sweett Group’s board will work to win back the one in five shareholders that voted for the reinstatement of Francis Ives, who confirmed he has “no plans” to launch a second challenge.</description>
<author>luke.cross@emap.com (Luke Cross) </author>
<pubDate>Thu, 9 May 2013 17:31 GMT</pubDate>
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