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Balfour Beatty on track


Balfour Beatty has been named as a preferred bidder for a £200 million scheme to expand London’s rail network. For the Thameslink 2000 project, the construction company will design and install track and power supplies to allow longer trains to run on routes to Peterborough, Guildford and Ashford.
MG seeks royalty escape


MG Rover Group is hoping to negotiate an early end to royalty payments to Honda on the UK company’s small and medium-sized cars. MG Rover uses the basic platform of the early 1990s Honda Civic car. The contract is to run until 2004 when a replacement for the Rover 45 is due.
Land Rover takes action


The chairman of Land Rover has written to the banks owed money by the car maker’s chassis supplier UPF-Thompson - now in receivership by KPMG - warning against the receiver’s tactics.
Covisint’s added source
Carlson Wagonlit Travel


Essex to tender service
Essex County Council will meet with private bidders this week to discuss outsourcing its warehousing and distribution service, writes Elizabeth Bellamy.
Business Climate Shifts
Warner Burke et al Butterworth-Heinemann, £16.99
Electricity price check


The electricity regulator Ofgem has invited comments on its review of the formula used to control energy prices, due to expire in March next year. Issues for consultation include the form and structure of the control and impact of new trading arrangements on the National Grid Company’s business, and the charges made by the NGC to its telecommunications associate, Energis.
Building site goes live


A new online construction portal, building-work.com, went live in August. The portal claims to be the first in its market to offer detailed cost control and process management solutions.
Toshiba farms out chips


Electronics firm Toshiba is to double the quantity of semiconductors it outsources over the next three years, taking it from the current level of 10 per cent to between 20 and 30 per cent.
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