Galliford wins £77m projects in Northamptonshire and Surrey October 22, 2014 CONTRACTOR Galliford Try yesterday announced it had been appointed to construct two building projects, totalling £77m, including the construction of council offices for Northamptonshire County Council. Galliford will build the 17,600 square metre council offices and a cafe in a regeneration area on the south side of Northampton, in a contract worth £38m. It has [...]
Galliford Try chief steps down to pursue other commitments October 21, 2014 GALLIFORD Try chairman Ian Coull yesterday announced he was stepping down with immediate effect due to other business and personal commitments. As a result of the decision, the construction firm has initiated a temporary board reshuffle to continue to deliver Galliford growth plans. Chief executive Greg Fitzgerald, who announced last month that he also planned [...]
Synergy Health share price soars as US rival Steris reignites tax inversion debate with $1.9bn deal October 13, 2014 US medical technology giant Steris yesterday announced it had bought British health services provider Synergy Health in a $1.9bn (£1.2bn) deal that re-opened the US tax inversion debate. Steris said it would buy Synergy, whose shares rocketed by more than 30 per cent yesterday, in a cash-plus-shares deal that would shift its domicile to [...]
Parliament votes to recognise Palestine – but it’s only symbolic October 13, 2014 PARLIAMENT yesterday voted in favour of recognising Palestine as an independent state in a move that will not alter the government’s stance on the issue. However, the largely symbolic move carries great value for Palestinians in their pursuit of statehood. MPs voted by 274 to 12 to pass a non-binding motion stating: “That this House [...]
Britain to deploy 750 personnel to Africa in fight against Ebola October 8, 2014 Britain yesterday announced it would deploy more than 750 personnel to Sierra Leone next week to aid the fight against the deadly Ebola virus. The UK will also provide an aviation support ship and three Merlin helicopters as part of increased efforts to help contain the virus, which has so far claimed the lives of 3,879 [...]
EasyHotel says it is trading in line with full-year expectations October 8, 2014 Budget hotel chain easyHotel yesterday announced that its trading for the year ended 30 September was in line with management expectations in both its owned and franchised hotels. Part-owned by easyJet founder Sir Stelios Haji-Ioannou, easyHotel said it had achieved a number of milestones, including the opening of its 125-bedroom Glasgow easyHotel, the refurbishment of the [...]
London Mining digs for cash as shares tank 75pc October 8, 2014 WEST AFRICA-focused London Mining shares tanked yesterday by 75 per cent, after it warned investors that their holdings were on the verge of being worthless. In a statement, the company said: “Under the structures currently proposed, the board believes that there will be little or no value remaining in the equity of the company and [...]
Fastjet shares dive after bird strikes in Tanzania hit services October 8, 2014 LOW-COST African airline fastjet yesterday announced that “an unprecedented” four bird strikes in two weeks had forced it to delay or cancel several of its Tanzanian flight services last month. In an operational update to the London Stock Exchange, the airline said it had “encountered an unprecedented total of four bird strikes in two weeks, [...]
EU approves tar sand oil import October 7, 2014 THE EXPORT of “dirty oil” tar sand crude to Europe has been approved after the EU abandoned attempts to have it barred following lobbying by major exporter Canada. A proposal published by the European Commission yesterday removed what could have been an EU obstacle to shipments of the crude. The proposal comes at a time when [...]
Government’s Direct Lending Fund helps Carillion win contract October 6, 2014 THE UK Export Finance yesterday announced the first contract to receive a loan from the Direct Lending Facility (DLF) would go to construction giant Carillion. The availability of a £34m loan from the DLF has helped Carillion to secure a significant contract with Dubai World Trade Centre to provide construction services. Under the DLF, the [...]
