- Morgan Sindall has revealed that its troubled London and South East construction division ran-up losses of £7m during the first half of this year.
- Morgan Sindall said “regional overhead has been reduced accordingly to match this level of activity.”
The company declined to comment on the number of job losses in London and the South East but said there has been “extensive leadership change”.
- The London losses wiped-out construction profits of £3m across the rest of the country sending the division to a £4m loss
The troubles are far from over in London and the South East where “problem” jobs have been completed but other “lower margin” contracts are still being worked through.
- Company executives confirmed the figures during a presentation to analysts on the firm’s half-year results.
- To share your stories email Grant Prior or Aaron Morby… always off the record
- Director of Listing at Historic England, Roger Bowdler, said: “The British Library is one of England’s finest modern public buildings.
- Colin St John Wilson’s stately yet accessible design incorporates fine materials and a generous display of public art.
- The Library’s dramatic and carefully considered interiors achieve its ultimate goal: of creating a space to inspire thought and learning.
“Historic England has had a really constructive consultation with the British Library throughout.
- This will enable it to go on flourishing as a dynamic public building, in which appropriate change is welcomed.
“It joins a select group of other listed post-war public libraries on the National Heritage List for England.
- Intended to move and inspire its visitors, the British Library’s London site is much-loved and well-used by scholars and members of the public alike for its soaring and stimulating spaces.
- Proponents of such major development projects see this as Turkey’s march toward becoming a fully developed and even more prosperous country, saying a resource-poor country can generate wealth through large-scale construction projects.
- But critics are insistent that regulations are being violated or ignored, and the massive environmental damage these projects could cause will hurt the country even more in the long term.
- This is not the case with this old centralist mindset that exists at the moment,” he told MEE.
“These people [the government] see these big construction projects as purely a source to make money for themselves and those close to them,” he added.
- The construction of hundreds of hydroelectric power stations in the region is also a major point of contention.
- Local media reports say that work is continuing at some sites despite a local court ordering a halt to construction activity.