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Interserve has agreed principles of a debt for equity rescue deal with its lenders, the firm announced this morning. The deleveraging plan involves the issuing of £480 million worth of new shares and transferring £350m of existing debt to Interserve’s RMD Kwikform business, wh

Interserve has announced the departure of executive director Dougie Sutherland a week after a shareholder demanded the removal of a number of Board members. Mr Sutherland, who was managing director of the company’s development division, will be leaving the executive team on February 28 and ste

Sentry Doors Holdings Limited (Sentry Doors) has announced that it has entered into a strategic partnership with Cairngorm Capital Partners LLP (Cairngorm Capital), to accelerate its growth and consolidate its position as an industry leader in the timber fire and security door-set market.

A retired couple from Cheshire who were were granted planning permission for a warehouse on their land have been told to tear the building down following a ten year planning stand-off that ended in it being determined that they had built the structure to be a home.

Architecture practice Woods Bagot has been appointed to design and deliver a new building to house the University of Glasgow's School of Engineering. The new Engineering Building is part of the University's £1 billion Campus Development Programme, which is redeveloping the 14 acre site of the

Cumbernauld-based interior glass solutions provider Indeglas has started the new year with a healthy order book. The specialist contractor and distributor has announced this month that it is about to undertake four new high profile projects, worth a collective £1.25 million.

A fast-track modern apprenticeship programme to attract people of all ages to pursue a rewarding career in the housebuilding sector will be piloted from today to mark the start of Scotland’s Apprenticeship Week. Housebuilder and offsite construction solutions provider Stewart Milne Group has l

Loanhead-based M-Pact Group has scored an absolute winner with the signing of a talented young footballer as an apprentice. Eighteen-year-old Bradley Barrett signed up with the firm straight from school to take on the tough and comprehensive apprentice training necessary to be a time-served carpente

The year 2018 will be remembered by Glasgow office employees of Morrison Construction for a fantastic fundraising effort generating more than £9,000 for charity partners. A year full of employee driven events were the reason targets of £2,500 for each of the nominated charities, Mac

Historians have appealed for help in piecing together the life and work of a Scots pioneer of female architects, mysteriously murdered in Fife 51 years ago this month, The Scotsman has reported. Kathleen Veitch was born in 1907 to a tweed manufacturer in Dollar, Clackmannanshire, and raised near Haw

A new bridge will be built over the A90 near Kirkliston after a £3 million construction contract was agreed by councillors. Deterioration of joints in the original structure meant the old Burnshot Bridge had to be taken down in November 2017.

Balfour Beatty has moved on site to begin construction work on a new £12.8 million primary school in south Elgin for Moray Council. Linkwood Primary School was originally expected to open in summer last year as part of a Springfield Properties housing development.

Persimmon is to become the first major UK housebuilder to offer a retention policy to protect homebuyers from repair problems. Under the new initiative, which begins today, the company’s standard contract will say 1.5% of the total home value can be withheld by the buyer’s solicitor unti

Heart of Midlothian Football Club has upgraded its Tynecastle Park in Edinburgh with a new state-of-the-art hybrid pitch thanks to Aggregate Industries’ drainage stone, sand and rootzone. Having used a natural grass pitch and without a full pitch replacement in over 20 years, Hearts wante

Holmes Miller Architects has lodged plans on behalf of Expresso Property for a waterfront office block at Glasgow's Pacific Quay. Offering around 60.000sq/ft of accommodation across four floors, the block will also incorporate a lower ground floor providing 30 car parking spaces and cycle storage.