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Five developers have been shortlisted to develop two city council owned sites at Masshouse Circus in the centre of Birmingham. The shortlisted companies are Urban Catalyst, David McLean Developments, Cala/ McAlpine Special Projects Developments, Birmingham Alliance/Crosby Homes (Midlands)/Stoford Developments and Amec Developments. A decision is expected in early 2002.

A £200,000 fund has been set up by Nottingham City Council for small businesses in the city to develop green travel plans for their staff. The cash was given to the council by the government to help it prepare for the introduction of workplace parking charges in 2004.

Contractor Gleeson has announced pre-tax profits of £18.9M on a turnover of £422.5M for the year ended 30 June 2001. This compares with profits of £16.1M on a turnover of £349.6M for the previous year.

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