Interserve fights to quell stock market jitters
Interserve launched a fightback yesterday after fears about its deteriorating finances saw its share price crash to its lowest level in 30 years. The debt-ridden contractor saw its shares slump 20% at one point yesterday before rallying to return to yesterdays opening...
Transport Scotland showcases A9 project’s role in promoting STEM
Transport Scotland is bringing together representatives from the construction and education sectors to showcase the schools initiative that it is running alongside the A9 dualling project.Transport Scotland is bringing together representatives from the construction...
Moray Council backs distillery expansion
Councillors in Moray have unanimously backed the expansion of the Benromach distillery.Councillors in Moray have unanimously backed the expansion of the Benromach distillery.Read Full Article: The Construction Index from All Construction News | The Construction Index...
Interserve brushes off city speculation
Interserve has dismissed press speculation about its financial health and insists that its recovery is all going according to plan.Interserve has dismissed press speculation about its financial health and insists that its recovery is all going according to plan.Read...
Contractor closes down concrete products business
J Smart & Co (Contractors) has closed down its subsidiary company Concrete Products (Kirkcaldy) Limited. The listed contractor confirmed the move in a stock exchange announcement on Tuesday afternoon. It said: “The directors took this decision due to the...
Interserve shares plummet on financing reports
Interserve’s share price has hit an all-time low following reports the company is preparing to ask investors for more cash. source https://www.constructionnews.co.uk/companies/contractors/interserve/interserve-shares-plummet-on-financing-reports/10037126.article
New rail minister confirmed after Johnson’s shock exit
Andrew Jones has been announced as the new rail minister following Jo Johnson’s shock resignation on Friday. source https://www.constructionnews.co.uk/companies/industry-moves/new-rail-minister-confirmed-after-johnsons-shock-exit/10037124.article
MPs warned construction ‘cannot recruit enough workers’
The construction sector will be unable to replace the workers expected to leave the industry, a parliamentary select committee has been warned. source...
Prater lands cladding deal on neighbouring block
Specialist building envelope contractor Prater has been appointed by BAM to provide an external package for the 100 Embankment office building in Manchester. The award follows the successful delivery of the 101 Embankment office building next door on the GreenGate...
Another Aston Villa win for O’Brien
O’Brien has been awarded a third phase of works at Aston Villa’s Bodymoor Heath training centre. The works include a new academy building, further upgrades to the existing access roads and providing new car and coach parking facilities along with service roads...
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