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Please install the latest Flash player Taylor Wimpey to meet holders of its £450m Eurobond debt Taylor Wimpey (TW) has bit the bullet at last and conceded that...See more » Please install the latest Flash player Taylor Wimpey to meet holders of its £450m Eurobond debt Taylor Wimpey (TW) has bit the bullet at last and conceded that it needs to talk to the holders of its publicly-traded Eurobonds which account for £450m of its total £1.7bn of debts. Bam Construct bans non-registered scaffolders BAM Construct will insist that scaffolding contractors on its sites must be members of the National Access and Scaffolding Confederation. Construction orders down 11% in Q3 Construction orders in the third quarter were down 11% on the previous quarter, and by 19% compared to the same period a year ago. Cost-cutting TfL axes seven infrastructure projects Seven major infrastructure projects will be cut as Transport for London (TfL) tries to save £2.4bn to pump back into the tube. 170 job losses at Brandon Hire Wolseley's tool hire subsidary Brandon Hire has announced 170 jobs are to be cut. £350m Suffolk snow dome gets government approval Plans to build a £350m snow dome for winter sports in Suffolk have been given the seal of approval by government. Interest rates slashed by 1.5% The Bank of England has cut interest rates in the UK to 3% - its lowest level since 1955. Banks now refusing construction companies any new loans Contractors say that while lending banks are honouring existing loan agreements, no fresh lending is available. Carillion booked in for £193m Birmingham library deal Carillion has booked in ahead of rivals Laing O'Rourke and Sir Robert McAlpine for a £193m deal to buld the new Library of Birmingham, which will replace the city's unloved Central Library. Shopping centre to host London Olympics journalists Plans are being considered to relocate the Olympic media centre to the Stratford City shopping centre next door.See less »