OFT
OFT NEWS
Travis Perkins says OFT will investigate Toolstation merger
Builders merchant tells investors there is “no basis” for the probe
Keepmoat Apollo chief executive shakes up his board
The Keepmoat and Apollo board has been reshuffled a fortnight after Ian Sutcliffe was announced as the new chief executive officer.
Sign up to BESNA, Unite tells sparks
Trade union Unite is advising its members to sign up to the controversial Building Engineering Services National Agreement despite supporting months of protests, Construction News has learned.
Unite eyes OFT over contractors’ ‘cartel’ behaviour
Move comes as union re-launches strike ballot and ECA and HVCA relations deteriorate further
OFT refers aggregates, cement, concrete markets to competition commission
Following a public consultation, the OFT has referred the aggregates, cement and ready-mix concrete markets in Great Britain to the Competition Commission.
Keepmoat chief Blunt retires weeks before Apollo merger
Former Taylor Wimpey and SEGRO man Ian Sutcliffe appointed chief executive of Keepmoat and the merged Keepmoat/Apollo business with immediate effect.
Apollo Keepmoat merger gets green light from OFT
Apollo and Keepmoat are set to merge by the end of this month after the Office of Fair Trading gave the deal the green light.
OFT told to pay contractors £350k in costs
The Office of Fair Trading has agreed to pay a further five contractors for legal costs they incurred during the watchdog’s cover pricing investigation.
North Midland issues profit warning
North Midland Construction has issued a profit warning after making a loss of £300,000 in the third quarter.
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OFT to pay £1.5m cost of contractor appeals
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Kier profits rocket by 24 pc
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ISG reports 'best ever' revenue as construction profits halve
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OFT refers Anglo/Lafarge JV to Competition Commission
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OFT to refer suppliers to competition commission
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Apollo and Keepmoat reveal merger plan
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Contractors back plan to replace OFT
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OFT won't appeal cover pricing fine cuts
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No appeal by OFT on recruitment case
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North Midland Construction posts hike in profit
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Final OFT fines scrapped
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OFT FINES: Nine more firms’ fines slashed
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Building revenue falls, highways and utilities gain for North Midland Construction
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OFT fines to construction agencies reduced by more than £30m
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OFT FINES: Galliford Try sees fine slashed 83pc
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OFT 'fails to prove' cover pricing in latest appeal
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Asda set for massive expansion as OFT approves Netto purchase
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OFT cover-price fines slashed by 90pc
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OFT considers appealing fine reductions
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'Huge question mark' over OFT's approach
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Contractors see 'excessive' OFT fines slashed
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Travis Perkins to keep Walsall store
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Builder merchant's sales up year on year
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OFT fails to kill cover pricing
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Travis Perkins turnover up by 6.5pc
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Renew Holdings revenue falls but profits up 230pc
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North Midland predicts £250k loss
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Travis Perkins sees turnover growth
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OFT to look at competitiveness of the aggregates industry
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OFT to investigate aggregates industry
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OFT accused in cover pricing appeal
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Kier begins appeal against £17.9m OFT fine
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OFT: Contractors more aware of bid-rigging
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Asda work expected after takeover bid
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Asda to buy up Netto stores
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OFT to examine infrastructure ownership
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OFT fine hits North Midland Construction 9.5pc profit rise
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John Dodds to sign off with Kier boasting increased margins
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Galliford Try turnover drops as it moves into the black
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Frank Galliers went into liquidation with £10m debts
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Morrell: Firms missing retrofit opportunity
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Redworth Construction and Frank Galliers fall victim to recession
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2010 PREVIEW: Courting controversy
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Contractor loses chance to appeal OFT fine after postal error
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OFT fine appeals will focus on use of turnover
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ISG confirms appeal over £5m OFT cover pricing penalty
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Galliford Try and Renew Holdings launch appeals against OFT fines
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OFT sets out reasons behind its £129.2m of cover pricing fines
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North Midland Construction turnover is 30pc below budget
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Kier trading in line with expectations
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'Cautiously optimistic' Galliford Try moves to significantly grow housing arm
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Leeds Council to act over bid rigging
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OFT fines have altered procurement
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Eden Brown may appeal cartel fine, says Dragons' Den star James Caan
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Councillors call on Bolton to scrap deal after OFT fines two suppliers
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Cover pricing still exists, CN poll suggests
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Durkan insists it is innocent of cover pricing
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LABOUR FIRMS FINED: Hays considering appeal for 'disproportionate' penalty
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LABOUR FIRMS FINED BY OFT: The penalties
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Labour firms fined £40m for collective boycott and price-fixing cartel
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Kier missed the boat to plead leniency in OFT investigation
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More than £4bn of work to cover fines
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OFT fines “could be just the start”
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OFT FINES: Six found guilty of bid rigging after accepting payments
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OFT FINES: Network Rail to take closer look
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OFT FINES: BSF distanced from cover pricing
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OFT FINES: Contractors to consider appeals
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OFT FINES: Contractors fined 1.14pc of their global turnover
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OFT FINES: Six firms out of 103 have fines halved or more by OFT
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OFT FINES: OGC urges clients not to exclude guilty contractors 'automatically'
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OFT INQUIRY: THE FINES
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OFT FINES: Kier takes biggest hit in OFT inquiry with £18m fine
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OFT FINES: UKCG writes to clients in bid to curb potential blacklisting
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OFT FINES: 103 firms found guilty of cover pricing fined £130m
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OFT to reveal fines from cover pricing investigation tomorrow
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OFT proposes greater duties for directors over competition law
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Kier claims complete compliance
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OFT inquiry: UKCG and NFB launch new code of conduct
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We’re now ‘squeaky clean’, says Kier chief
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Mandatory code can ‘only help industry’
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OFT backs ‘positive’ industry code
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OFT case against Crest Nicholson 'infringed the principle of equal treatment'
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OFT's Simon Williams moved off 'bid rigging' investigation in reshuffle
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End user update: supermarkets
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OFT delays bid-rigging verdict until September
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Atlas Copco to cut 20pc of its Swedish workforce
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Ronnie Leten new CEO of Atlas Copco
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Your top Construction News stories from 2008
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OFT to probe Atlas Copco and Aggreko merge
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Bid-rigging is ‘endemic’ in UK construction, says OFT
REACTION
OFT INTERVIEW: Fines could have been 'much higher', says OFT
One of the Office of Fair Trading’s senior directors has defended the watchdog’s decision to hand down almost £130 million in fines to English contractors for anti-competitive behaviour, describing the fines as “perfectly reasonable” and warning industry it now needs to “put its house in order”.
OFT REACTION: Highways Agency backs its processes
The Highways Agency has backed its procurement processes in the wake of the Office of Fair Trading fines yesterday.
OFT REACTION: Contractors should apologise and give us back our cash, say councils
The Local Government Association today demanded the construction firms hit with £129.5 million in fines for anti-competitive behaviour apologise and called on the Office of Fair Trading to hand the money from the penalties back to councils.
OFT REACTION: Kier considering options after being worst hit
Kier has said it is considering its options after receiving the heaviest fine of all the 103 contractors hit by the OFT.
OFT REACTION: Willmott Dixon considers next step
Willmott Dixon will now ‘carefully consider the detail of the OFT’s findings’ and decide whether further action is required after it received a £4.5 million fine from the OFT.
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OFT REACTION: Unions offer stinging verdict of fined contractors
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OFT REACTION: Morgan Sindall carried out review after inquiry launched
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OFT REACTION: FMB calls on clients not to issue further punishments
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OFT REACTION: Balfour Beatty claims full compliance as Mansell fined £5.2m
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OFT REACTION: Carillion responds to its £5.4m fine from OFT
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OFT REACTION: We 'made no financial gain whatsoever', says Galliford Try
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OFT REACTION: NFB condemns firms punishment of 'small, random selection'
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OFT REACTION: Fines 'perverse and unfair', says UKCG
