Issue : 15 January 2009
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Wrexham £26m EducationSubscription
Nearly all construction shares had a bad morning on the stock market as the FTSE as a whole struggled.
Court scraps second NI frameworkSubscription
A second major building framework in Northern Ireland has been scrapped by the High Court for failing to follow the correct procurement procedures, setting a solid precedent for future claims in the rest of the UK
Highways Agency appoints new FDSubscription
The Highways Agency has appointed Stephen Dauncey as its new finance director.
Recession to affect Wales the least in the UKSubscription
Northern Ireland and Wales are forecast to be least affected parts of the UK as the economy enters into one of its toughest years since the Second World War.
DLR death probe set to continueSubscription
A man who was arrested on suspicion of manslaughter after a worker died at east London’s £211 million Docklands Light Railway extension will face further questioning by the British Transport Police on Monday.
Britain’s biggest hotel and pub owner Whitbread is putting work out to tender on a job by job basis for the first time and has warned contractors to slash their margins.
Construction firms will see a 75 per cent drop in profits in 2009 warns a report from business and financial adviser Grant Thornton.
TUC calls for permanent 2012 media centreSubscription
The TUC is urging the Government to keep its legacy commitment to the Olympics by building a permanent structure for the London 2012 media centre.
UK privately held businesses forecast the construction and property sector to be the worst casualty of the economic downturn in 2009, plummeting by 75 per cent in profitability and 71 per cent in turnover from the same period last year, according to a new study.