Financial Express (Holdings) Limited (“we”, “our”, “us” and derivatives) are committed to protecting and respecting your privacy. This Privacy Policy, together with our Terms of Use, sets out the basis on which any personal data that we collect from you, or that you provide to us, will be processed by us relating to your use of any of the below websites (“sites”).


For the purposes of the Data Protection Act 1998, the data controller is Trustnet Limited of 2nd Floor, Golden House, 30 Great Pulteney Street, London, W1F 9NN. Our nominated representative for the purpose of this Act is Kirsty Witter.


We collect information about you when you register with us or use any of our websites / services. Part of the registration process may include entering personal details & details of your investments.

We may collect information about your computer, including where available your operating system, browser version, domain name and IP address and details of the website that you came from, in order to improve this site.

You confirm that all information you supply is accurate.


In order to provide personalised services to and analyse site traffic, we may use a cookie file which is stored on your browser or the hard drive of your computer. Some of the cookies we use are essential for the sites to operate and may be used to deliver you different content, depending on the type of investor you are.

You can block cookies by activating the setting on your browser which allows you to refuse the setting of all or some cookies. However, if you use your browser settings to block all cookies (including essential cookies) you may not be able to access all or part of our sites. Unless you have adjusted your browser setting so that it will refuse cookies, our system will issue cookies as soon as you visit our sites.


We store and use information you provide as follows:

  • to present content effectively;
  • to provide you with information, products or services that you request from us or which may interest you, tailored to your specific interests, where you have consented to be contacted for such purposes;
  • to carry out our obligations arising from any contracts between you and us;
  • to enable you to participate in interactive features of our service, when you choose to do so;
  • to notify you about changes to our service;
  • to improve our content by tracking group information that describes the habits, usage, patterns and demographics of our customers.

We may also send you emails to provide information and keep you up to date with developments on our sites. It is our policy to have instructions on how to unsubscribe so that you will not receive any future e-mails. You can change your e-mail address at any time.

In order to provide support on the usage of our tools, our support team need access to all information provided in relation to the tool.

We will not disclose your name, email address or postal address or any data that could identify you to any third party without first receiving your permission.

However, you agree that we may disclose to any regulatory authority to which we are subject and to any investment exchange on which we may deal or to its related clearing house (or to investigators, inspectors or agents appointed by them), or to any person empowered to require such information by or under any legal enactment, any information they may request or require relating to you, or if relevant, any of your clients.

You agree that we may pass on information obtained under Money Laundering legislation as we consider necessary to comply with reporting requirements under such legislation.


We want to ensure that the personal information we hold about you is accurate and up to date. You may ask us to correct or remove information that is inaccurate.

You have the right under data protection legislation to access information held about you. If you wish to receive a copy of any personal information we hold, please write to us at 3rd Floor, Hollywood House, Church Street East, Woking, GU21 6HJ. Any access request may be subject to a fee of £10 to meet our costs in providing you with details of the information we hold about you.


The data that we collect from you may be transferred to, and stored at, a destination outside the European Economic Area (“EEA”). It may be processed by staff operating outside the EEA who work for us or for one of our suppliers. Such staff may be engaged in, amongst other things, the provision of support services. By submitting your personal data, you agree to this transfer, storing and processing. We will take all steps reasonably necessary, including the use of encryption, to ensure that your data is treated securely and in accordance with this privacy policy.

Unfortunately, the transmission of information via the internet is not completely secure. Although we will do our best to protect your personal data, we cannot guarantee the security of your data transmitted to our sites; any transmission is at your own risk. You will not hold us responsible for any breach of security unless we have been negligent or in wilful default.


Any changes we make to our privacy policy in the future will be posted on this page and, where appropriate, notified to you by e-mail.


Our sites contain links to other websites. If you follow a link to any of these websites, please note that these websites have their own privacy policies and that we do not accept any responsibility or liability for these policies. Please check these policies before you submit any personal data to these websites.


If you want more information or have any questions or comments relating to our privacy policy please email in the first instance.

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Balfour Beatty PLC (BBY)

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Monday 10 June, 2013

Balfour Beatty PLC

Update on UK Construction Business

RNS Number : 6210G
Balfour Beatty PLC
10 June 2013

10 June 2013




Balfour Beatty, the international infrastructure group, today provides an update on progress made in its UK Construction business (CSUK) following the internal review announced on 29 April 2013.


Appointment of CEO for CSUK


Nick Pollard will join the Group on 17 June as CEO for CSUK.  Nick has over 30 years' experience within the infrastructure market, including COO of Navigant Consulting's Global Construction practice, CEO of Bovis Lend Lease UK, EVP at Skanska plc and senior roles with Network Rail. He has held many independent advisory positions including those with Transport for London, the London Mayor, BIS and the Cabinet Office. Nick has direct hands-on experience of leading performance turnaround in construction businesses and major projects.


Andrew McNaughton, Group CEO, said; "I am delighted to welcome Nick to the team.  He has strong operational experience across our industry with existing relationships with many of our key customers. Nick's focus on enhancing performance in mainstream construction, in the UK as well as overseas, combined with his advisory roles for investors and government will be invaluable in bringing fresh ideas to the CSUK business and broaden the skills of the senior management team."


Nick Pollard commented "Balfour Beatty is a great company and a strong brand.  I am looking forward to the opportunities and challenges that trading successfully through tough market conditions always brings to construction companies.  It will be a privilege to lead that team and help it build a better and stronger business. "


Nick's appointment is one element of the plan that has been developed to drive stronger profitability in the UK Construction business.  The plan includes areas such as operational excellence, customer focus and addressing the issues in the Regional business.  


Rationalisation of Regional business units


Within the Regional business a review of the viability of the 21 delivery units has been an area of particular focus.  At our location in Dartford we have advised employees of our proposal to close this location due to a combination of insufficient construction activity and a disproportionately high cost base.  This could result in a small number of job losses and the relocation of individuals.  In the South West we are actively addressing specific operational issues across a handful of projects. 


As part of the wider business review, we have also identified that two smaller locations in Rochdale and Doncaster are no longer sustainable and again, employees have been advised of our proposal to close these offices. These three locations collectively account for around 8% of the UK Regional business which generated £1.5 billion of revenue in 2012.




Analyst/investor enquiries:

Basak Kotler

Balfour Beatty plc

Tel. +44 (0)20 7216 6924


Media enquiries:

Rebecca Salt

Balfour Beatty plc

Tel. +44 (0)20 7216 6865


Notes to Editors:


1. We are currently undertaking consultation processes at three office locations - Dartford, Rochdale and Doncaster - each employing between 50 - 90 people. It is too early to confirm the total number of redundancies that could be affected should we go ahead with these proposals. During this process, Balfour Beatty will explore all available options for the redeployment of employees across the regional business and the wider Balfour Beatty Group.


2. Balfour Beatty ( is an international infrastructure group that delivers world class services essential to the development, creation and care of infrastructure assets; from finance and development, through design and project management to construction and maintenance.


Our businesses draw on more than 100 years of experience to deliver the highest levels of quality, safety and technical expertise to our clients principally in the UK, the US, Southeast Asia and the Middle East. We continue to develop our business in key growth markets in South Africa, Australia, Canada, Brazil and India.


With proven expertise in delivering infrastructure critical to support communities and society today and in the future, our key market sectors include transportation (roads, rail and aviation), power and energy, mining, water and social infrastructure such as hospitals and schools.


Balfour Beatty employs 50,000 people around the world.

This information is provided by RNS
The company news service from the London Stock Exchange