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Plan for Bristol Finzels Reach £140m phase 2

Plan for Bristol Finzels Reach £140m phase 2

Bristol developer Cubex is preparing to submit plans for the next phase of its Finzels Reach quarter in Bristol city centre. The developer plans to transform the former headquarters site of Avon Fire and Rescue with a £140m scheme providing 300 private rental homes...
Interserve plans debt-to-equity rescue deal

Interserve plans debt-to-equity rescue deal

Unable to pay its debts, Interserve is in negotiations with its lenders to give them shares in the company in company instead.Unable to pay its debts, Interserve is in negotiations with its lenders to give them shares in the company in company instead.Read Full...
Forrest collapses into administration

Forrest collapses into administration

Private equity backed housing contractor Forrest has fallen into administration.Private equity backed housing contractor Forrest has fallen into administration.Read Full Article: The Construction Index from All Construction News | The Construction Index...
Wates chief draws up first best behaviour code for private firms

Wates chief draws up first best behaviour code for private firms

The Financial Reporting Council has set out the final details of its plan to raise corporate governance standards for private companies. The stricter regime was drawn up for the FRC by construction group chairman James Wates to help prevent major private company...
Labour calls for public contract bidding ban on Interserve

Labour calls for public contract bidding ban on Interserve

Labour leaders are calling for Interserve to be barred from bidding for public contracts while it is fighting for its financial future. Jon Trickett,Shadow Minister for the Cabinet Office said: “The Government must take urgent steps to ensure all existing contracts...