News
Industry ‘left in dark’
Debt talks
continue
over delay to Part G
at WYG
n
CIBSE has criticised the UK opinion says some aspects of the Talks to reduce debt at White Young
government for keeping regulations are unacceptable to Green (WYG) could result in a loss
the plumbing industry in the dark Europe? We might even be told they
Shutterstock
for existing shareholders and see
over why changes to Part G of have to be changed completely. the multi-disciplinary consultant
the Building Regulations have ‘The industry is now in the removed from the main stock
been unexpectedly delayed for six dark. Is that right? Is that how market altogether.
months. you incentivise industry to make WYG began refinancing
The revisions to Part G, which preparations for the introduction of negotiations with its lenders earlier
regulates sanitation, hot water new regulations? this year when its debt rose to
safety and water efficiency, were ‘Maybe there is an entirely £91.5m, up from £70.6m in 2007.
originally expected to come into reasonable argument behind all of Now its board, in conjunction
force on 1 October. But following this secrecy, but we’re not talking with its advisers, is considering
receipt of a ‘detailed opinion’ about national security here, we’re options which are likely to result in
from Europe, the Department talking about plumbing.’ a ‘material dilution’ for its existing
for Communities and Local Davies was also concerned Water and sanitation fall under Part G. equity holders. According to the
Government (DCLG) postponed that businesses may be left out company, the group may not, in
the enforcement of the changes, of pocket after stocking up on date’ for implementing the changes such circumstances, ‘continue to
and has refused to reveal the products in order to meet the new is April next year. satisfy the conditions’ for listing on
detail behind the delay, citing requirements. The changes include a new limit the main market.
‘confidentiality’. However, it is DCLG now has to decide whether of 125 litres of ‘wholesome’ water Talks between WYG and its
thought the delay may be caused by to argue against the European per person per day in new homes, lenders were continuing, it added.
perceived barriers to trade. Commission’s findings, or make and new rules covering ‘non- The company reportedly made
CIBSE’s technical director Hywel additional changes to Part G. The wholesome’ water to flush toilets. several hundred job cuts earlier
Davies said: ‘What if the detailed next ‘common commencement See Legal column, September, page 22 this year.
New sports centre
Work has begun at a £31m
indoor sports centre on the
former Ravenscraig steelworks
in North Lanarkshire,
Scotland. The centre will
feature an indoor artificial
football pitch, a sports hall,
gymnasium and an athletics
hall. Buro Happold is
providing ground, structural,
fire and building services
engineering, as well as indoor
climate simulations and
sustainability assessments.
Car Park 1-4 ad cibse.qxd 11/9/09 11:52 Page 2
www.cibsejournal.com October 2009 CIBSE Journal 11
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