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High-rise block evacuated as dozens of firefighters tackled blaze in Cardiff city centre flat
Hundreds of flats in Landmark Place in Churchill Way were evacuated in the early hours of Saturday.
Wales Online - Posted 15/01/2018

Chairman of house-builder Persimmon who insisted £630m bonus scheme was necessary quits four months later, over failure to rein in massive payouts
The chairman of housebuilder Persimmon insisted its £630 million bonus scheme was necessary to keep senior executives ‘onside’ – then quit just four months later over his failure to rein in their massive payouts.
Mail Online - Posted 15/01/2018

Sixty Icon MacBlair owner sees £2.7bn revenue boost during strong growth
Robust economic momentum in the Republic has helped builders' merchanting group Grafton, which owns MacBlair in Northern Ireland, post a strong performance in 2017.
Belfast Telegraph - Posted 15/01/2018

Fears over £680m pensions deficit as Carillion teeters on the brink
The state-appointed pensions lifeboat faces an £800m bill if administrators are called in at Carillion, according to pension experts.
The Telegraph (register) - Posted 15/01/2018

Carillion: Market ‘very negative from this point forward’
Investors’ views of Carillion have turned “very negative” after rumours of contact with administrators emerged, according to analysts.
Construction News (register) - Posted 15/01/2018

Carillion crisis: hedge funds rake in tens of millions
Short-sellers quietly targeted company as far back as 2015 with bets reaching peak before first profit warning in July 2017.
The Guardian - Posted 15/01/2018

Sixty Icon Labour demands answers on 'high-risk' Carillion contracts
Opposition asks what due diligence was carried out before £2bn worth of contracts were awarded to a firm in poor financial health.
The Guardian - Posted 15/01/2018

Carillion lenders consider appeal to save firm from collapse
Despite late rescue bid, administrators prepare to take action, prompting fears for 43,000 jobs, major projects and crucial public services.
The Guardian - Posted 15/01/2018

'Disaster': Hundreds of businesses at risk if Carillion fails, analyst warns
Crisis-hit construction firm Carillion’s future remained in the balance on Sunday night as the Government held last-ditch talks on whether to bail-out some of its most troubled contracts.
The Telegraph (register) - Posted 15/01/2018

Carillion crisis: Creditors due to hold Whitehall talks
Carillion's key creditors are due to meet government officials on Monday in a last ditch bid to prevent the construction giant's collapse.
BBC - Posted 15/01/2018

Sixty Icon Cladding removed from Newcastle student block
Work to remove cladding at three student accommodation blocks in Newcastle is due to get under way.
BBC - Posted 15/01/2018

Shareholder revolt at 'Mr £131m' boss: City giants challenge builder's 'unjustified' payout
Major shareholders are in revolt over a ‘completely unjustified’ £630million payout for housebuilding bosses.
Mail Online - Posted 14/01/2018

Bovis Homes steadies the ship and eyes higher profits
There was no mad dash to hit City targets or bungs for customers to move into shoddy houses this year at Bovis Homes, boss Greg Fitzgerald said on Friday, as the firm flagged up a “significant improvement in profitability” in 2018.
London Evening Standard - Posted 14/01/2018

Carillion in crisis as outsourcing operation crumbles under debt
The construction conglomerate – one of the government’s biggest contractors – is hoping rescue talks taking place this weekend will produce a solution to its cash woes and halt a collapse.
The Guardian - Posted 14/01/2018

Carillion crisis: UK government locked in last-ditch rescue talks
Negotiations to stave off collapse of firm which employs 43,000 people hinge on creditors swapping debt for shares plus a state bailout.
The Guardian - Posted 14/01/2018

Carillion crisis looms for government as time runs out for refinancing deal
Opposition parties demand to know why ministers such as Chris Grayling continued to hand contracts to failing contractor.
The Guardian - Posted 14/01/2018

Carillion Makes Last Ditch Bid for U.K. Bailout, Mail Reports
Carillion Plc is holding talks with the U.K. government Sunday to ask for the 300 million pounds ($412 million) it needs by the end of the month to stay afloat, the Mail on Sunday reported, without saying where it got the information.
Bloomberg - Posted 14/01/2018

Video: Carillion bailout 'would send wrong message', Vince Cable says
The government "can't possibly" bail out construction company Carillion, Liberal Democrat leader Sir Vince Cable says.
BBC - Posted 14/01/2018

Crunch rescue talks over Carillion continue
Talks are continuing to try to save the troubled construction firm Carillion amid reports it could collapse by Monday.
BBC - Posted 14/01/2018

No-deal Brexit could lead to 43,000 fewer construction jobs, research finds
A no-deal Brexit could lead to 43,000 fewer construction jobs in the UK, according to new research commissioned by the mayor of London.
Inside Housing - Posted 14/01/2018

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