Quinn London joins employee-ownership club

Quinn London has moved into employee ownership, becoming the latest construction firm to adopt the model. In a LinkedIn post, the London-based main contractor said it had established an Employee Ownership Trust (EOT) to hold shares for the benefit of its staff. The company was… The post Quinn London joins employee-ownership club appeared first on Construction News.

Quinn London sold to staff

£109m turnover contractor latest to transition to an Employee Ownership Trust

Industry gives cautious welcome to British Steel renationalisation

Bringing back British Steel into public ownership is “crucial” to help to secure the UK’s long-term steelmaking capacity - but won't solve contractors’ immediate cost concerns, industry experts have warned. Prime minister Sir Keir Starmer announced on Monday (11 May) plans to introduce new legislation… The post Industry gives cautious welcome to British Steel renationalisation appeared first on Construction News.

Wykeland Group takes full ownership of Lincoln’s Waterside shopping centre

The 130,000 sq ft scheme includes H&M, Next, Rituals, The Body Shop, New Look, Superdrug, Accessorize, O2 and Office. The post Wykeland Group takes full ownership of Lincoln’s Waterside shopping centre appeared first on Property Week.

UK Steel welcomes nationalisation of British Steel

UK Steel has “strongly welcomed” the prime minister’s announcement today that the government intends to take British Steel into public ownership, as “a decisive step to secure the future of a strategically vital part of the steel supply chain”. The post UK Steel welcomes nationalisation of British Steel appeared first on New Civil Engineer.

Metroun - Vesting Certificates, are they needed, 22122021

A vesting certificate can be used as evidence that ownership belongs to the client upon payment, defeating third party claims of retention of title. In other words, if a contractors becomes insolvent before the items have arrived to site, the vesting certificate is proof that the client is the rightful owner. So that solves that issue right? Well, there’s a little more to it....