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The Construction Products Association’s latest State of Trade Survey says that the prospect of an economic slowdown in the major European economies, together with increasing global energy and raw material prices, remain as the major threats to further recovery in the UK construction products industry.

Infrastructure services group Mouchel sees revenue remain steady at £270m but pre-tax loss has soared to £11.6m, according to the half-year financial results up to January 2012.

 

Thursday, 29 March 2012 08:06

May Gurney sales pipeline stands at £4bn+

Support services company May Gurney has said that its pipeline of upcoming sales opportunities is now standing at £4 billion-plus with the publication this morning of its latest trading update for the year ending 31 March 2012.

Ovivo, the only global business dedicated exclusively to water, has almost doubled the size of its operation at its West Bromwich UK head office, in an expansion that will enable the company to further develop its growing Aftermarket work.

Monday, 19 March 2012 08:30

Mouchel calls for help over £90m debt

Engineering firm Mouchel has called in Goldman Sachs to advise on how to tackle its debt pile.

 

Engineering firms Laing O’Rourke and Atkins will sponsor the inaugural Government Construction Summit, to be held in London on 2 July.

 

Modern Water plc is targeting water-stressed China and the Middle East as part of its long-term business strategy.

Environment, Food and Rural Affairs Minister Richard Benyon has said that he “remains sceptical” on the cost of Thames Water’s proposed Thames Tunnel supersewer and that he could not possibly say that these would definitely be pegged at the current estimated level of £4.1 billion.

Yorkshire Water is taking further steps to ensure that the wastewater treatment works at its Esholt site will be completely energy self- sufficient.

 

The Met Office and Thames Water have signed a joint agreement to launch a suite of weather intelligence models for the water industry.

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