NHBC to avoid politician as its chief
Article Abstract:
The UK National House Building Council (NHBC) has been criticized for having shadow environment secretary Sir Norman Fowler as its chairman. Some observers believe that Fowler's political role is incompatible with his NHBC role. For this reason, the NHBC will probably not appoint another politician as chairman when Fowler stands down in summer 1998 after serving for six years. The NHBC is strongly aware of the need to represent the correct balance of interests between the environment, housebuilders and consumers.
Publication Name: Building
Subject: Construction and materials industries
ISSN: 0007-3318
Year: 1998
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Balfour find record 1.2 million pounds sterling for Heathrow disaster
Article Abstract:
A failure to take proper health and safety precautions when constructing a rail tunnel link at Heathrow Airport, UK, resulted in a 1.2 million pounds sterling firm for construction firm Balfour Beatty in February 1999. The judgement came as a result of Balfour trying to reduce costs by limiting the number of site tunnelling experts from construction adviser Geoconsult. Australian-based Geoconsult was also fined 500,000 pounds sterling for its part in the tunnel collapse, which took place in October 1994.
Publication Name: Building
Subject: Construction and materials industries
ISSN: 0007-3318
Year: 1999
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Market woes scupper Lovell/Mansell merger
Article Abstract:
The proposed merger between UK construction industry firms Mansell and YJ Lovell has been called off after both firms suffered a combined stock market loss of 25 million pounds sterling in December 1998. The planned merger would have created one of the largest construction firms in the UK, with Mansell taking 78% of shares and Lovell accounting for 22%. Lovell recorded a turnover of 124 million pounds sterling in the first half of 1998, producing 503,000 pound sterling pre-tax profits.
Publication Name: Building
Subject: Construction and materials industries
ISSN: 0007-3318
Year: 1998
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Comment about this article or add new information about this topic:
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