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Rawlings calls on Lakehouse shareholders for backing
Steve Rawlings and fellow shareholder Slater Investments, who together own 21.56% of the issued share capital, have launched a bid to overthrow the current board. An extraordinary general meeting is set to vote on the matter on 19th April...
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Aecom to design first Hyperloop test track
Aecom has won the contract to design and build a test track for the world’s first Hyperloop high-speed transport system. Hyperloop is a new form of high-speed transport proposed by SpaceX and Tesla Motors CEO Elon...
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Legal & General goes Dutch to disrupt dysfunctional private rental market
Legal & General Capital (LGC) has teamed up with Dutch pension fund manager PGGM to develop private rental property in UK cities. Their Build to Rent partnership will initially invest £600m into building 3,000 homes for...
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Balfour Beatty fined £1m for loader crane fatality
Balfour Beatty has been fined £1m after a worker was killed by a crane while repairing a central reservation barrier. A team from Balfour Beatty Civil Engineering set out on 1st October 2012 to install temporary...
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Osborne breaks ground on £24m Roehampton library
Contractor Osborne has started work on the construction of a new £24m library at the University of Roehampton in southwest London. The library will be four storeys tall, like most buildings on the university’s campus, and...
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Chinese make bid to take over Terex
Construction equipment manufacturer Terex is considering a $3.2bn takeover offer from Chinese manufacturer Zoomlion. Zoomlion Heavy Industry Science & Technology Company has made an unsolicited offer of $30 per share. Terex has entered into a confidentiality...
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Lovell chosen to build £100m Cardiff housing development
Regeneration specialist Lovell has been selected by the Tirion Group to redevelop an old Cardiff paper mill site into an estate of 800 homes. The £100m new urban village at the 53-acre former Arjo Wiggins Paper...
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