More news – Page 1532
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Osborne’s axe fells schools and housing
Education capital funding to fall 60% and housing 70% as chancellor takes hatchet to public sector
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Housing stats:Â New build sales and completions in September
Last month was every bit as bad as housebuilders feared, with sales 28% down on previous the year
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Capita Symonds raises profits by 30% on lower turnover
Capita Symonds Ltd posted a sharp increase in profits in 2009 despite a slight decline in turnover.
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O’Rourke changes top team
Laing O’Rourke has undertaken a global shake-up of its top executive team
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Aecom poised to appoint new chief of European business
Aecom is in the final stages of appointing a chief executive of its European business to sit above UK and Ireland managing director Bill Hanway
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So what’s left after all the cuts?
All sectors suffer but housing and regeneration fare worst with cuts of 75%
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Osborne’s axe fells schools and housing
Education capital funding to fall 60% and housing 70% as chancellor takes hatchet to public sector
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Homes built reaches record low
Government figures show number of new homes built is down 23% on the previous year
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Berkeley to launch second private rental fund
Pidgley says 300 home fund to bid for new high-rent social housing cash
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Company fined after worker killed on M4
HSE prosecutes traffic management company after worker was killed collecting cones on motorway
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Scottish construction grew 10% in second quarter
Surge in growth helps Scotland post higher GDP figures than the rest of the UK
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TFL funding shrinks 28%
Highways agency funding falls by a third as Department of Transport reveals details of its budget cuts
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Government accused of green stealth tax
Changes to the Carbon Reduction Commitment energy efficiency scheme will cost businesses £3.5bn
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Transport cuts: funding down 11%
Department gets off relatively lightly with spend reduced to £7.5bn by 2014-15
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Education cuts: Capital spending on schools to fall 60%
The spending review was worse for education than many expected
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Energy: Government pledges £1bn for carbon capture
The energy department confirms pilot scheme and promises renewable heat incentive
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Defence & justice cuts: 1,500-place prison scrapped
Ministry of Justice made ’tough decisions’ to meet the required 50% cut in capital spending
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Housing cuts: Funding to drop 75%
Budget for social housing over the next four years will be reduced to £2bn
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Spending Review: List of major projects given the green light
List of projects across the country given the go-ahead in the Spending Review document
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Crossrail delayed by over a year
All stations and spurs will be built but first section in central London will be complete in 2018 and unlikely to open to public before 2019