If Heathrow Terminal 2 ceases to exist, what happens to Terminals 3, 4 and 5? And if the BBC believes Lord Digby Jones to be a lager-swilling teenager, does it make it so?
The Don mafia
Good to see that the communities department is keeping it in the community. In Housing minister Caroline Flint鈥檚 announcement that a Code for Sustainable Homes rating would be required for all new homes from 1 May, a supporting quote is included from one Bramall Construction, which has 鈥渂uilt homes to code level four鈥. Who they, you may well ask. Well, Bramall is owned by Doncaster-based regeneration group Keepmoat. And who do you imagine is the MP for Doncaster South? Step forward, Caroline Flint.
No, I鈥檓 Lord Digby Jones!
Lord Jones of Birmingham (that鈥檚 Digby to his friends) tells me how he was almost usurped from his role as minister for trade and investment before he鈥檇 even started. Apparently, shortly after his appointment, BBC radio sent a taxi to pick him up at 5am for an interview. Not wanting to wake his wife, the former director of the CBI said he would be happy to meet the car outside. After a long wait, a limo pulled up to Jones鈥 doorstep and deposited a youth swigging from a can of lager and talking to a friend on his mobile. 鈥淎nd the best bit is they think I鈥檓 someone called Lord Digby Jones!鈥 he laughed.
T2B or just no T2, that is the question
Now that Heathrow Terminal 5 is open, BAA and its troubled Spanish owner Ferrovial can turn their attention to their next megaproject. A source tells me that the most pressing thing occupying Spanish minds is what to do once the 拢1.5bn Heathrow East scheme gets under way. It will replace Terminal 2 and the Queen鈥檚 好色先生TV, the two oldest parts of the airport. But once T2 goes, the numbers that identify the terminals will be out of kilter; there will be a T1, T3, T4 and T5, but no T2. Before panic grips the nation, BAA has hit upon a solution. The 拢350m Midfield Pier to one side of Heathrow East will henceforth be known as T2B. Phew.
End of the line
So long, then, to an old friend that has kept me in tittletattle for a good few years: Metronet鈥檚 Trans4m Construction Partnership. A mole tells me Trans4m鈥檚 100-odd staff have now transferred to Metronet鈥檚 new owner, London Underground, and Trans4m will shortly be wound up. A sorry end for a business that brought together some of the industry鈥檚 finest 鈥 Balfour Beatty, Atkins and EDF 鈥 and set out to refurbish 150 tube stations over seven years before its parent, Metronet, went bust last year with debts of 拢1.7bn.
Chew on this one
It seems a mere credit crunch is no longer sufficiently apocalyptic for some. After the Bear Stearns rescue last week, law firm Eversheds coined the phrase 鈥渟on of credit crunch鈥, in a bid to evoke a suitable sense of terror over the turmoil. Thankfully, if it all gets too much, we have the London Property Forum to turn to. The organisation is billing a forthcoming markets discussion as 鈥渢he really crunchy credit crunch conference鈥. Now there鈥檚 branding Kelloggs would be proud of.
Postscript
If you have any industry stories to tell us, or photographs you鈥檇 like to share, please email hansom@cmpi.biz
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