Defiant Simms faces down City critics

Article Abstract:

Institutional shareholders have been very critical of Tarmac following the collapse of this company's merger negotiations with Aggregate Industries. They feel that Tarmac has failed to complete a deal that would have increased the value of their investment. Tarmac Chief Executive Sir Neville Simms has responded strongly to the criticism, stating that he is seeking to release shareholder value. The company has claimed that Aggregate Industries changed its terms at the last minute.

Construction industry, Tarmac PLC, Beliefs, opinions and attitudes, Investor relations, Simms, Neville

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Simms calls for protesters to make policies

Article Abstract:

Environmentalists should play a leading role in help the UK to establish a long-term transport policy, according to Neville Simms, chief executive of Tarmac. He believes that direct protest action against road building projects will never be successful, and is calling on environmentalists to recognise that they have views in common with contractors. Both sides are trying to promote better planning and improved consultation on transport issues, for example.

Planning, Transportation policy

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Planning restrictions to be relaxed

Article Abstract:

Development in the City of London may be stepped up if a paper written by planning officials is accepted by a forthcoming City planning committee meeting. Less strict rules could be introduced for City of London banking halls and conservation areas, and the exodus of tenants from the City could thus be halted. Particular attention will be given to 'opportunity sites,' and obsolete banking halls could be converted for other purposes.

Buildings and facilities, Westminster, England

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