blog header image

Posted : 13 May 2019 at 08:09:59
Category: News

Share this article

Three former directors of office fit-out companies have been disqualified for their involvement in illegal cartel behaviour.

The bans follow a Competition and Markets Authority investigation which led to five firms being fined £7m in March.

Fourfront, Loop, Coriolis, ThirdWay and Oakley were fined after Jones Lang LaSalle Inc. (JLL) brought their conduct to the CMA’s attention under the its leniency programme.

The firms were found to have participated in “cover bidding” in competitive tenders, colluding on the prices they would bid for contracts.

Robb Simms-Davies, a former director of Bluu Solutions Ltd, Bluuco Ltd and Tetris Projects Ltd, has been disqualified for five years.

Trevor Hall, a former director of Cube Interior Solutions Ltd, has been disqualified for two years and six months, and Oliver James Hammond, a former director of Area Sq. Ltd, has been disqualified for two years.

Bluu Solutions Ltd, Bluuco Ltd and Tetris Projects Ltd are part of the JLL group of companies.

Bluu Solutions Ltd and Bluuco Ltd were acquired by JLL in 2015. Cube Interior Solutions and Area Sq. Ltd are part of the Fourfront group of companies.

All three were directors of their respective companies at the time of the illegal cartel activity and contributed to a number of the competition law breaches.

Simms-Davies contributed to 12 breaches affecting contracts with a total value of over £13.5m.

Hall and Hammond each contributed to two breaches. In the case of Hammond the affected contracts were worth over £4.3m. The contracts in the case of Hall had a total value of over £1.2m.

As a former director within the JLL group, Simms-Davies would have been immune from director disqualification but had his protection withdrawn because he did not submit to a voluntary interview with the CMA.

Original source - Construction Enquirer

SIMILAR NEWS

blog header image
NEWS
YOU'RE REQUIRED: ALAN SUGAR URGES PUBLIC TO GET BACK TO WORK

Business tycoon Lord Alan Sugar today urged Brits to “put on a suit, put on a dress and get back to work” amid rising calls to kickstart the faltering economy. Speaking to LBC radio, Sugar ...

blog header image
NEWS
LOCAL LOCKDOWN GRANT SUPPORTS BUSINESSES FORCED TO CLOSE

New grants worth up to £1,500 will be available every three weeks to businesses required to close due to local lockdowns or targeted restrictions. The new grants come as the government ...

blog header image
NEWS
CITB TO REMOVE 5,000 SMALLER CONTRACTORS FROM LEVY SYSTEM

Around 5,000 smaller construction companies will not have to pay any levy to the CITB next year. The training body is raising its Small Business Levy Exemption threshold for employers with wage b ...

blog header image
NEWS
540 JOBS LOST AFTER NATIONWIDE ACCIDENT REPAIR SERVICES GOES INTO ADMINISTRATION

The repairer was sold to RunMyCar, keeping 80 sites open but resulting in the closure of 30 more. Nationwide Accident Repair Services has collapsed into administration, along with a number of its subs ...

blog header image
NEWS
VIRGIN ATLANTIC TO CUT ANOTHER 1,000 JOBS AFTER £1.2BN RESCUE DEAL

Virgin Atlantic is said to be preparing a further 1,000 job cuts, hours after securing approval for a £1.2bn rescue deal. The airline, founded by Sir Richard Branson in 1984, will announce the l ...

blog header image
NEWS
SELF EMPLOYED .. WHAT CAN I CLAIM AS EXPENSES?

If you're self-employed, you will have various running costs. Some of these expenses you can deduct on your tax return as allowable expenses. Allowable expenses do not include money taken from your bu ...

business-directory Business Directory
smartbusinessdirectory Payroll Services Business Directory
truebusinessdirectory payroll-services Directory
payroll-services Directory