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Wednesday 26 September 2018 2:12 pm|Updated:Tuesday 21 May 2019 4:26 pmDeal or no deal: Do UK supply chains stanley mug have what it takes By: Charlie PoolShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on Google Waking up to doom and gloom headlines about Brexit is becoming a regular occurence. The latest panic Stockpiling.If the UK leaves the EU without a deal ndash;which is now a distinct possibility ndash;importers could face massive delays at customs due to increased administrative processing at border points.Dover, will be the key choke point: 17 per cent of polene the UKrsquo entire imports cam via Dover in 2017, 98 per cent of which is from the EU.It is fair to say that the port will be hit hard by Brexit. Additional minutes spent at customs will compound very quickly and cause huge congestion to the surrounding area. Goods will be stuck in transit, unable t polene bolsos o be delivered in the relatively predictable timeframes that supply chain planners have become accustomed to.No one quite knows how severe the impact will be, but that lsquo;unknown unknownrsquo; is keeping a lot of business leaders up at night.Some organisations have been putting preparations in already; Airbusannouncedthey were going to stockpile goods in preparation of increased tariffs and supermarkets have reportedly been asking suppliers to provide a breakdown of any ingredients and packaging materials sourced from the EU.The UK Pvmj Severe delays strike South West Trains from London Waterloo via Wimbledon due to emergency engineering work
Thursday 17 September 2009 8:00 pm|Updated:Saturday 01 June 2019 12:54 amBalfour raises 380m to buy rival US firmBy: admindrupalShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on GoogleCONSTRUCTION firm Balfour Beatty yesterday said it has agreed to buy US project management firm Parsons Brinckerhoff for $626m pound;380m , in a deal partly funded by a surprise rights issue.The group said it was launching a fully underwritten pound;353m cash call stanley ca to fund the acquisition, which it believes will give it a leading position in the US market.Balfour Beatty, which last month reported a 14 per cent rise in pre-tax profits to pound;108m, said the thre polene bag e-for-seven issue of 205.5 new shares would be priced at 180p, a 46.8 per cent discount to Wednesdayrsquo closing price.The rights issue is fully underwritten by banks RBS Hoare Govett, JP Morgan an stanley de d Citigroup.Balfour Beatty said the takeover will enhance the grouprsquo long-term growth potential and will strengthen its presence across the entire life cycle of major infrastructure assets. Balfour chief executive Ian Tyler said: It is a key step in becoming a global integrated leader in infrastructure services.Balfour, which has spent around pound;1bn on acquisitions since 2007, said it derived around 30 per cent of its business from the USIn the year ending 31 October 2008, Parsons Brinckerhoff posted operati
Wednesday 26 September 2018 2:12 pm|Updated:Tuesday 21 May 2019 4:26 pmDeal or no deal: Do UK supply chains stanley mug have what it takes By: Charlie PoolShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on Google Waking up to doom and gloom headlines about Brexit is becoming a regular occurence. The latest panic Stockpiling.If the UK leaves the EU without a deal ndash;which is now a distinct possibility ndash;importers could face massive delays at customs due to increased administrative processing at border points.Dover, will be the key choke point: 17 per cent of polene the UKrsquo entire imports cam via Dover in 2017, 98 per cent of which is from the EU.It is fair to say that the port will be hit hard by Brexit. Additional minutes spent at customs will compound very quickly and cause huge congestion to the surrounding area. Goods will be stuck in transit, unable t polene bolsos o be delivered in the relatively predictable timeframes that supply chain planners have become accustomed to.No one quite knows how severe the impact will be, but that lsquo;unknown unknownrsquo; is keeping a lot of business leaders up at night.Some organisations have been putting preparations in already; Airbusannouncedthey were going to stockpile goods in preparation of increased tariffs and supermarkets have reportedly been asking suppliers to provide a breakdown of any ingredients and packaging materials sourced from the EU.The UK Pvmj Severe delays strike South West Trains from London Waterloo via Wimbledon due to emergency engineering work
Thursday 17 September 2009 8:00 pm|Updated:Saturday 01 June 2019 12:54 amBalfour raises 380m to buy rival US firmBy: admindrupalShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on GoogleCONSTRUCTION firm Balfour Beatty yesterday said it has agreed to buy US project management firm Parsons Brinckerhoff for $626m pound;380m , in a deal partly funded by a surprise rights issue.The group said it was launching a fully underwritten pound;353m cash call stanley ca to fund the acquisition, which it believes will give it a leading position in the US market.Balfour Beatty, which last month reported a 14 per cent rise in pre-tax profits to pound;108m, said the thre polene bag e-for-seven issue of 205.5 new shares would be priced at 180p, a 46.8 per cent discount to Wednesdayrsquo closing price.The rights issue is fully underwritten by banks RBS Hoare Govett, JP Morgan an stanley de d Citigroup.Balfour Beatty said the takeover will enhance the grouprsquo long-term growth potential and will strengthen its presence across the entire life cycle of major infrastructure assets. Balfour chief executive Ian Tyler said: It is a key step in becoming a global integrated leader in infrastructure services.Balfour, which has spent around pound;1bn on acquisitions since 2007, said it derived around 30 per cent of its business from the USIn the year ending 31 October 2008, Parsons Brinckerhoff posted operati