Search Page
Global catering contracts may not be as beneficial as they at first appear, warns Chris Stern
Amec, Bovis Lend Lease, Turner and Tully Construction secured contracts worth an estimated £170 million each to co-ordinate clean-up teams in New York. The companies will have to clear up about 200,000 tonnes of structural steel, which could be recycled, and remove about 300,000 tonnes of rubble per day to a site in New Jersey.
Defence contractor Thales is to close its Bracknell site with the loss of 480 jobs. The company is restructuring its UK operations after it bought Racal Electronics and lost the Ministry of Defence’s Bowman radio contract. Meanwhile, Devonport Royal Dockyard has joined Thales in its bid for a £2 billion Royal Navy contract for two aircraft carriers.
At last, the world is waking up to the fact that business-to-business e-commerce will be far more lucrative than business-to-consumer operations.
James Essinger and Charles Gay
Nicholas Brealey, £20
Buying departments should seek specialist advice now that the controversial Regulation of Investigatory Powers Act (RIP) is coming into force in a scheduled 18-month roll-out.
Construction has begun on a new £60 million BMW plant in Goodwood, which is to make around 1,000 Rolls-Royce cars a year from January 2003. V12 engines and aluminium frame and body parts will be imported from Germany, and the manufacturer will recruit over 300 new staff to build and fit the cars.
Yorkshire Electricity’s distribution system has joined Achilles Marketplace, the online procurement exchange for utilities companies. Achilles estimates Powergen saved between 10 and 15 per cent on its £3.5 million of transactions by using the site, which began operating in the UK in June 2000.