Finance News – Page 104
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NewsFastest growth in construction output in Q3 since 2003
Ouput up by 1.7% marking the first two consecutive quarters of growth since 2011
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NewsHousebuilder Bovis hails strong trading
Firm says it expects operating margin to hit 15% as completions rise
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NewsGPE finds Hong Kong funder for Crossrail scheme
Developer sets up joint venture to build out £200m Hanover Square project
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NewsMorgan Sindall reports rising subbie costs
Construction group says performance has hit expectations despite “upward pressure” on supply chain
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NewsLending schemes ‘failing to help construction’, says FMB
Trade body warns that finance initiative designed to help construction SMEs must be simplified
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NewsRegional commercial property values return to growth
Value of offices, shops and warehouses outside London rose 0.8% in Q3
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NewsBalfour Beatty weathers worsening Australia market
Contractor says it will post profits ahead of expectations for the full year
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NewsMears sells M&E business for £1
Contractor set to recieve a share of income from loss-making Haydon business
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NewsCostain reports record £3bn order book
Firm shuffles management roles and says it is on track to meet the board’s expectations
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NewsConstruction confidence behind soaring growth forecast
Survey of UK businesses predicts 1.3% growth in the fourth quarter of 2013
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NewsConstruction output growth highest in six years
Fears over skills shortages as survey shows workload rising at the fastest rate since the credit crunch
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NewsFeilden Clegg Bradley revenue up 12%
Firm working on Southbank Centre revamp reports boost to UK workload
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NewsConstruction fraud costs $1 trillion globally
Report by Grant Thornton says endemic corruption in global industry will inhibit growth
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NewsFit-out firm Margolis rebrands as Oktra after boost to turnover
Company to trade under new name after reporting turnover growth of 84%
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NewsPocket sells 10% of its shares
Greater London Enterprise Group to take stake in affordable housing developer
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News293 jobs lost as electrical specialist Murphy Ltd folds
Administrators say “prolonged period of difficult trading” led to firm’s demise
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NewsArcadis profit up 13% in third quarter
Parent company of EC Harris posts solid third-quarter results
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NewsDev Secs says London office market is bouncing back
Developer to press ahead with second phase of major speculative office scheme in Hammersmith as demand for office space picks up