Retired SUMMER 2014 Employees’ News
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Retired SUMMER 2014 Employees’ News BUDGET UPDATE TIMES PAST SUMMER OUTINGS Focus on Pension Remember the big Dates and venue Credit and Attendance news from Team Spirit post codes for the Allowance. in 1964 and 1989? annual events. MAINCONT ENNTEWSS CONTENTS Low-level negotiations There is new life in our household with the arrival of Main news 3-6 Nibble and Smudge. Don’t worry, they are not children but Round up of top stories from the Company dwarf lop-eared rabbits. including projects across various sectors Still, I am not quite sure how it happened. My eldest Reunion 7 daughter carefully timed her initial push for a pet Engineers and architects’ annual reunion report whilst I was distracted. Having skilfully drawn me into a conversation I did not want to have about owning a pet Team Spirit Past 8-11 she was joined by her younger sister. At this point I knew I Snippets of news from 25 and 50 years ago was in trouble - the classic pincer movement. Photo competition 12-14 My youngest has an altogether less rational approach to A great selection of snaps to look at and details negotiations. She immediately stated that they wanted a of how to enter this year pet - and they wanted a leopard. There followed a Dutch auction which negotiated its way down past dogs and cats Historic projects in the limelight 15 - by way of a llama - to the rabbits. Decades on, John Laing buildings still going strong and attracting great interest Strangely enough two very cute adoption rabbits had just arrived at the local pet shop. What a coincidence. The rest Readers’ news 16-17 is history - we’ve now got two very happy rabbits. Familiar faces and some surprising recollections Cute though they are, they have not diverted me from from Bunns Lane the magazine which is packed with information and news. There is plenty of business activity within John Club news 18-19 Laing on the next few pages including the 2013 results. Events diary and round up of club news We have included an item on Attendance Allowance Your anniversaries 20-21 (page 22) which differs from other benefits available as Special anniversaries it is not means tested. News for the Third Age 22 There are photo competition results (pages 12-14) and In Memoriam 23 a reminder to keep your cameras handy for this year’s competition. On pages 18-19 there is all the club news including the correct information for this year’s summer outings, as we mixed up a couple of dates in the last PENSIONER PUBLISHING issue’s listings! Thank you to everyone who has sent in pictures from Please address news stories/queries to: their own collections of friends and colleagues from Pensioner Publishing decades past (page 17). 5 Harpenden Close, Bedford, Beds MK41 9RG Anyway, news recently reached me that an elderly Tel: 01234 313055 Mob: 07774 259542 woman in her 80s was up before magistrates accused of Email: [email protected] stealing a tin of peaches. Please address other correspondence to: The magistrate told the woman that, in spite of her age, John Laing Welfare Dept, 33 Bunns Lane she must be punished. He then asked her: “How many peaches were in the tin?” The woman said that there London NW7 2DX. Tel: 020 8959 9683 were four peaches in the tin and the magistrate replied: “In that case I will sentence you to four days in prison so Printed by: White Hart Press, Bedford. you can think about your crime.” Suddenly a man in the public gallery stood up and said: COVER: The Old Bailey in London, among one of the contracts which came to John Laing when the “I know this highly irregular, but I am the accused’s Company acquired Holloway Bros in 1964. husband and wondered if I might say a few words?” See page 9. The magistrate agreed and the husband said: “She also stole a tin of peas.” DEADLINE NEXT ISSUE: July 30, 2014 Alex Finkenrath 2 John Laing Retired Employees’ NEWS COMPANY NEWS Financial close for John Laing’s giant UK railways programme In April John Laing announced financial close for the Intercity Express Programme (IEP) one of the largest in the rail industry. The Department for Transport (DfT) and Agility Trains East (with its shareholders Hitachi Rail Europe and John Laing Investments) confirmed all financing is in place to deliver the East Coast Main Line fleet of trains for the scheme. The programme covers the finance, design, manufacture, delivery into daily service and maintenance over 27.5 years of Artist’s impression of one of the new trains a fleet of 122 state-of-the-art Super Express trains for the Great both the DfT and the financial is a great milestone in the Western Main Line and the East community. John Laing is proud delivery of this transformational Coast Main Line. to be part of this ground-breaking rail project. Hitachi and John The scheme brings guaranteed programme, one of the largest in Laing have formed a strong and availability of the trains to the the rail industry that will improve enduring partnership which has operating company. The trains, transport, employment and successfully steered the project offering significantly increased economic development in the UK.” to financial close with the capacity and higher service levels The Agility Trains consortium was Department for Transport. compared to the current fleet, will awarded the contract for an initial “The new company we have be manufactured by Hitachi Rail fleet of 92 trains for both phases formed, Agility Trains East, will Europe in a new UK factory and (East Coast and Great Western) of work with Hitachi Rail Europe maintained in facilities around the IEP in July 2012, at the same time to deliver, bring into service and country. as financial close was reached for maintain a fleet of 65 state of the Derek Potts, Managing Director the Great Western Main Line route. art Hitachi Class 800 and Class for Primary Investments for John Furthermore, in July 2013, 801 trains.” Laing, said: “This financial close is the Department for Transport All work is on schedule and proof that Agility Trains’ vision and confirmed a follow-on orderthe trains are expected to enter innovative proposals for this fleet for a further 30 electric trains. passenger service in 2017 on the and maintenance programme Ali Dormer, Hitachi Rail Global Great Western Main Line and in have secured the confidence of CEO of Hitachi Ltd, said: “This 2018 on the East Coast Main Line. Environmental group is launched on stock exchange John Laing Environmental opportunities. Assets Group Limited (JLEN) John Laing Investments Ltd has successfully closed its initial subscribed for 39.7% of the JLEN public offering of ordinary shares IPO and will be a cornerstone on March 31. investor following the fund’s JLEN’s diversified portfolio Admission to trading on the of operational environmental on building on its significant London Stock Exchange on 31 infrastructure projects, including portfolio of projects in the March 2014. six assets being sold to JLEN by environmental infrastructure JLEN will have a right of first John Laing, has clearly proven sector in the UK and Northern offer over certain environmental attractive to investors. Europe and looks forward to infrastructure assets held by John Laing remains focused providing JLEN with further John Laing. John Laing Retired Employees’ NEWS 3 COMPANY NEWS Responsibility award received On track to create a John Laing has again been recognised in new sports stadium Business in the Community’s A John Laing consortium has been annual benchmark named preferred bidder for a new of responsible business, the sports stadium in Perth, Australia. Corporate Responsibility The contract to design, build, Index (CR Index). finance and maintain the new Perth Since 2002, the CR Index Stadium and Sports Precinct has has provided unique insight reached an important milestone into how businesses are with the naming of WESTADIUM, driving responsible business a consortium led by Brookfield practice. Financial and John Laing, as the As a three-star company John Preferred Respondent. Brookfield Artist’s impression of the stadium Laing showed it: Multiplex will be builder and n has developed and Brookfield Johnson Controls will “The quality and breadth of the bid implemented procedures to be facilities manager for the project. responses reflects the stature of ensure that its employees live Western Australia Premier Colin this project and the appetite from up to company standards of Barnett said each of the three the international stadia industry to business behaviour shortlisted private sector consortia be part of delivering a world-class n links remuneration or submitted world-class bids. venue,” Mr Waldron said. bonus systems to senior “The State’s evaluation team spent Physical pre-construction site managers and Board the past four months rigorously works were recently completed six members’ CR objectives and evaluating each bid and ultimately weeks ahead of schedule. The site targets determined that WESTADIUM is now being left to settle under n takes into account social represented the best overall 740,000 tonnes of sand surcharge and environmental issues value for money for the design to ensure it is fully prepared for when making strategic and construction phase plus the construction to begin at the end business decisions contract’s 25-year maintenance of 2014. The new Perth Stadium is n provides relevant CR period,” he added. scheduled to open in time for the training for employees, senior “We expect the contract will start of the 2018 AFL season. managers and be awarded mid-year - which is Further information and updates n has developed specific and when we can reveal the successful on the project are available at: measurable targets for some design.” www.perthstadium.com.au but not all performance areas Following approval of WESTADIUM n can demonstrate 1-2 years as the Preferred Respondent by Quick facts..