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Stiffer fines plan for over-running street works

The Government has set out plans to crackdown on late-running street works with stiffer fines and £100m extra to resurface roads from lane rentals fees. Roads Minister Guy Opperman has launched a street works consultation on the tougher measures to penalise utility companies from letting roadworks overrun. The new regime will extend the current £10,000

Vistry forces through cost cuts on all contracts

Vistry chief Greg Fitzgerald has succeeded in forcing through price cuts on subcontractor packages. The firm started negotiations with subcontractors in October for 10% price discounts on contracts from January and all new work going forward. This morning in an upbeat trading statement on last year’s performance, Fitzgerald revealed key supply chain partners had now