Finance ɫTV – Page 19
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Brexit stalemate and rising costs hit construction in first quarter
The Construction Products Association says contractors’ margins have suffered
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London in 10 most expensive cities in the world for construction, Arcadis reveals
But UK capital is less expensive than New York, San Francisco and Hong Kong
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Crossrail overspend on stations tops £2bn
National Audit Office report also reveals Crossrail has spent £936m on ‘compensation events’
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Housebuilding helps UK construction return to growth
Latest IHS Markit/CIPS update showed growth for the first time in 2019
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Industry veterans to form alternative to auditors
Group will investigate projects for investors and banks
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Laing O'Rourke improves the time it takes to settle up - by just one day
Country’s biggest private contractor falling behind peers in getting bills paid quicker
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More grillings coming the way of Crossrail bosses
Public Accounts Committee set to get its chance after last week’s news scheme won’t open until March 2021
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Ongoing Brexit uncertainty hits construction output again
CPA now predicting a decline in workloads this year after forecasting growth over the winter
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Balfour Beatty and Laing O'Rourke chucked off Prompt Payment Code
Pair joined by Interserve, Costain and Persimmon in being named and shamed by government
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Crossrail won't open until March 2021
Chief executive says six month opening window to start from October 2020
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London Assembly says others need to take their share of Crossrail blame, not just Terry Morgan
Former chairman the ‘fall guy’ but ex-chief executives including Andrew Wolstenholme also responsible for debacle
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New opening date for Crossrail set to be made public next week
TfL chief and London mayor expected to join railway's bosses at London Assembly briefing next Thursday
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Crossrail opening ‘could be delayed until 2021’
The “best case scenario” would see Crossrail open in spring 2020
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Persimmon overhaul continues with new director to oversee executive pay
Housebuilder looking to put row over excessive salaries behind it
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More than 6,000 people still working on Crossrail
Councils to be given update on scheme's progress at high-level meeting next month
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TfL to face the music for Garden Bridge decisions
But charity behind scheme tells London Assembly it won't be turning up for grilling
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Final bill for Crossrail could rise even further, admits transport minister
Tory peer says last year's £2.8bn bailout might still not be enough
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Financial watchdog launches investigation into Interserve auditor
FRC probing Grant Thornton’s audits of firm’s accounts over three year period