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John Phelps's portfolio

We decided the time was ripe to take a modest punt on the hard-pressed construction sector when we added Kier Group to the 2012 portfolio at our weekly review of progress on Wednesday morning.

The group, part of a consortium that has preferred bidder status for £500 million infrastructure work in southwest Scotland, is due to report annual figures later this month that are likely to include a fatter dividend and news of some £4 billion projects in the pipeline.

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Finance

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