NEWS IN BRIEF

Money to spend

Halma, the environmental control, safety and security products engineer, has up to £60m to spend on acquisitions, it announced this week. Pre-tax profits for the year to April rose to £42m from £36.6m.

Gas design for UK

Engineering and project management group Foster Wheeler will build an onshore gas plant for Shell Philippines as part of the Malampaya deep water gas-to-power project. The initial engineering design phase will be completed at Foster Wheeler’s UK offices in Reading.

Car price enquiry

The Monopolies and Mergers Commission is to hold its first ever open hearing as part of its inquiry into the supply of new cars in the UK. The hearing takes place at the Institution of Electrical Engineers in London on 20 July.

Emissions report

National guidelines on how companies should report greenhouse gas emissions have been published by environment minister Michael Meacher. Launching the guidelines at a World Health Organisation conference last week, he said they would `help each business to play its part in reducing emissions’.

Liquid gas rules

A consultation document on the options for the liquified natural gas storage facilities of BG (formerly British Gas) has been published by the gas and electricity regulator OFGEM. It says BG’s five LNG sites could continue to be regulated by the rules that govern BG’s Transco gas pipeline, or they could be governed by competition law alone.

Tree engineering

Richards Moorehead & Laing, an engineering and environmental consultant, is to help the Highways Agency with a three-year study into how trees grow best in Britain’s towns and cities.