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Companies

Industry moves

Morgan Sindall recruits new board member David Lowden

Morgan Sindall recruits new board memberSubscription

Morgan Sindall has recruited William Hill non-executive director David Lowden to join its board.

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Administrations

Carillion hospital bailed out in government rescue deal_Midland Metropolitan

Carillion hospital bailed out in government rescue dealSubscription

The government has confirmed it will directly fund the completion of Carillion’s Midland Metropolitan Hospital project.

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Sustainable business

CREDIT Chris McAndrew_David Lidington Cabinet Office minister

Contractors face stricter 'social value' procurement standardsSubscription

The government has announced it will take into account wider social value as well as cost in the award of public sector contracts.

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M&A

Canadian giant to buy Peter Brett Associates

Canadian giant to buy Peter Brett AssociatesSubscription

Canadian engineering giant Stantec is set to acquire UK consultant Peter Brett Associates.

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Financial

Interserve’s EfW partner breaks covenants with $211m loss_Dunbar EfW

Interserve’s EfW partner breaks covenants with $211m lossSubscription

Interserve’s partner on three energy-from-waste problem projects has breached its financial covenants after losing $211m (£165m) in three months to the end of June, according to its quarterly results.

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Supply chain

Morgan Sindall boss: No need for late payment legislation_John Morgan

Morgan Sindall boss: No need for late payment legislationSubscription

Morgan Sindall chief executive John Morgan has said legislation to force faster payment in the construction industry is not required.

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