Your browser is no longer supported

For the best possible experience using our website we recommend you upgrade to the newest version of your browser.

Your browser appears to have cookies disabled. For the best experience of Construction News, please enable cookies in your browser.

Welcome to the Construction News site. As we have relaunched, you will have to sign in once now and agree for us to use cookies, so you won't need to log in each time you visit our site.
Learn more

12May94 UK: WESTMINSTER IN RED - WESTMINSTER SCAFFOLDING.

Heavy provisions to cover bad debts, stock write-offs, redundancies and other one-off charges kept London hirer Westminster Scaffolding in the red.The company unveiled losses of £4.23 million for the 14 months to last December after it made provisions of £2.61 million against what it described as 'non-recurring' items. In the year to October 1992 the firm lost £2.5 million.Chairman Michael Pelham said there were signs of greater activity in UK construction but these had ...

Subscribe now for unlimited access and receive...

  • The latest client and contractor news
  • Interviews with industry leaders
  • Insight into contractors’ strategies, performance and contract activity
  • Market data, industry trends and forecasts
  • Technical reports on innovation and best practice techniques

Register for guest access and receive...

  • One free article per month
  • Breaking and Daily News alerts straight to your inbox
  • Expert opinion and Editor's Comment articles
  • CN Briefings on the day's talking points
  • Picture galleries showcasing the biggest projects

Already a subscriber? Click here to sign in

Print subscriber? Activate your digital account here