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Companies

Industry moves

Mace Manchester Richard Dinsdale left Mark Holmes right 2

Two more ex-Carillion leaders join MaceSubscription

Mace has brought in two former Carillion leaders to support its push to win more work in the North of England.

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Administrations

Cabinet Office proposes increased contractor oversight

Cabinet Office proposes increased contractor oversightSubscription

Cabinet Office minister David Lidington has defended the crown representatives that monitor government contractors and suggested increasing their numbers following Carillion’s collapse.

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Sustainable business

PM: Modern construction will slash energy consumption_Theresa May

PM: Modern construction will slash energy consumptionSubscription

Theresa May has pledged to halve the energy use of new buildings by 2030 through “modern construction practices” as part of the government’s industrial strategy. 

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M&A

Malaysia 'to investigate' £1.6bn Battersea deal

Malaysia 'to investigate' £1.6bn Battersea dealSubscription

A deal to transfer the ownership of Battersea Power Station between Malaysian investors is to be investigated by the country’s government, according to a report by the Guardian.

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Financial

Bam CEO James Wimpenny urges vigilance against problem projects

Bam boss urges vigilance against problem projectsSubscription

Bam Construct’s chief executive has urged staff to be vigilant as it seeks to avoid problem jobs and chasing revenue.

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Supply chain

Generic_financial credit money cash finance card dice

Subcontractors write off £2.8bn in bad debtSubscription

Subcontractors wrote off around £2.8bn in bad debt last year, according to research by Bibby Financial Services (BFS).

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