Newman Tonks, the architectural hardware group, has announced a 39% fall in pre-tax profits.
The company said there were no signs of an upturn in the UK construction sector. Improved activity in the London office market had been offset by the Government’s Private Finance Initiative, which had stalled the development of new public buildings.
- Financial Times 11/09/96 page 32.
- The Daily Telegraph 11/09/96 page 29
