Shares in the embattled construction and maintenance group promptly dived by 13percentnt.
The most spectacular casualty of the new era of public sector frugality is social housing maintenance group Connaught.
The only negative from the results was a £200m impairment to the value of Enterprise, the infrastructure maintenance group.
Perhaps the most spectacular casualty of the new era of public sector frugality, however, is social housing maintenance group Connaught.
Results: Cyst formation resulting from necrosis was significantly decreased in the maintenance group (15%) and loading dose plus maintenance group (9%) but not in the loading dose group (52%) relative to the control group (46%).
Severity of neuronal loss in the cerebral cortex and the hippocampus was also significantly improved in the maintenance group and the loading dose plus maintenance group but not in the loading dose group.
Connaught urgently needs cash and is about to breach the terms of its overdraft, the embattled social housing maintenance group has admitted.
Elsewhere the battle for infrastructure and maintenance group May Gurney has taken another twist, with construction group Kier now gaining the upper hand.
The social housing maintenance group has been hit as councils deferred projects to upgrade their stock of social housing ahead of government spending cuts.
"This was a maintenance group, not a fighting group," said the Rev. Tandy Sloan of Bedford Heights, Ohio, whose son, Pvt.
May Gurney Integrated Services has surged 34% on hopes of a bidding war for the highway, rail and utilities maintenance group.
