Issue : 5 January 2012
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The Federation of Master Builders says confidence in the building industry has collapsed with fewer SMEs expecting increased workloads in 2012.
SIG profits set to soarSubscription
Profits at European building products group, SIG, are set to exceed market expectations.
Outlook for commerical property weakensSubscription
Expectations for commercial property rents fell in the last quarter of 2011, according to the Royal Institute of Chartered Surveyors.
Tesco scraps plans for new hypermarketsSubscription
Tesco will halt the roll out of its biggest UK stores in favour of online and international growth.
Construction insolvencies up by 6.4pc in 2011Subscription
Construction insolvencies rose by 6.4 per cent in 2011 compared with the year before, with 2,688 firms going out of business, latest research from accountants PwC has revealed.
About 500 people have lost their jobs at Scottish civil engineering group WJ Harte.
Barratt set for 40pc hike in profitsSubscription
The UK’s biggest house builder by volume puts progress down to new, higher margin land and sees 900 households take advantage of shared equity scheme FirstBuy.
Subcontractors were gearing up for a rush of last-minute work on London 2012 as the Olympic Delivery Authority this week handed over running of the Olympic Park to the London Organising Committee of the Olympic and Paralympic Games.
The Federation of Master Builders has put its London headquarters up for sale in an attempt to raise funds to help deliver a new five-year business plan.
Lanes Group will make an application to the Supreme Court to hear its case against Galliford Try after a Court of Appeal verdict last month left the subcontractor facing interim costs of more than £1.5 million.