Bucknall Group back from the brink

Article Abstract:

Bucknall Group is a quantity surveyors' practice that was floated on the Stock Exchange in 1988. During the early 1990s, the group was expected to fold, with 1993 losses totalling 1.3 million pounds sterling. However, chief executive David Bucknall has seen the company's fortunes revive and it now employs over 700 people. The establishment of a facilities management arm and the launch of an Asian operation are expected to boost company profits further. Bucknall's 1995/96 turnover amounted to 10 million pounds sterling.

Management, Surveyors, Bucknall Group

---

Treasury chief plans revolution for PFI

Article Abstract:

The UK government is seeking to replace public project funding by swapping the present system of public finance initiative (PFI) with an government-based investment bank. The reform is being lead by treasury chief executive Adrian Montague who is planning to raise up to 100 million pounds sterling to fund building work at the headquarters of the treasury. The scheme has been criticised by banking officials who claim the PFI system works perfectly well.

United Kingdom, Public contracts, Government contracts, Domestic policy, Government programs

---

Ross Goobey plans to get PFI moving. (private finance initiative)

Article Abstract:

Alastair Ross Goobey is the third panel chairman for the Treasury's Private Finance Panel, taking over at a time when contractors are becoming more selective about private finance initiative (PFI) projects, due to high costs and contractual problems. The Private Finance Panel aims to be a troubleshooter and Ross Goobey aims to review the European procurement directive so that competitions move more quickly.

Construction industry

Similar abstracts:

• Abstracts: Back from the brink. Natural selection
• Abstracts: Banks will be back in the lending game. Luxury/spec builders face more finance frustration. A new look at adjustable-rate mortgages
• Abstracts: How to put the bloom back in the industry. A damaging report
• Abstracts: Coming in from the cold. Make-or-break time for engineers. DOE told to raise social homes target
• Abstracts: Cowboys will roo the day. Pearce arm questioned over accounts

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.