Banks have ordered Taylor Wimpey to sell its construction arm - Taylor Woodrow, after the company failed to raise emergency funding to the tune of £500m this week. More »
The OFT’s allegations of bid rigging against 112 construction firms have failed to take into account the high costs incurred by construction companies during the process of bidding for work in the public sector, says top construction lawyer Giles Dixon. More »
Large construction companies Balfour Beatty, Carillion, and Kier, are among 112 building construction firms which are today accused by the Office of Fair Trading (OFT) of conspiring to swindle taxpayers in a “bid-rigging” scandal worth hundreds of millions of pounds. More »