Finance News – Page 113
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NewsSchools chief blames 'market deterioration' for shock £1bn funding switch
EFA capital director Mike Green says new PF2 model not to blame for cut in privately-financed schools
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NewsGalliford Try housebuilding boss to diversify for growth
Andrew Richards looks for higher margins at Linden Homes through JVs and private rented sector sales
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NewsConstruction output lowest for 15 years
Latest ONS figures show output falling 2.4% in the first quarter of 2013
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NewsSweett shareholders reject chairman coup
Former boss Francis Ives fails in bid to regain control of consultant
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NewsGreen Investment Bank sparks £2.3bn of investment
Energy infrastructure and Green Deal benefit from bank’s investment in first six months.
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NewsBarratt sales soar on Help to Buy programme
Housebuilder says sales per site up by almost a fifth
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NewsParsons Brinckerhoff wins £78m US rail job
Balfour Beatty subsidiary awarded extension on existing high-speed rail contract
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NewsMorgan Sindall issues profit warning
Construction giant says margins impacted in construction, infrastructure and affordable housing
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NewsGensler returns to profit
British arm of US architect’s profitability boosted by overseas work in latest available accounts
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NewsCostain takes £4m hit for failed May Gurney bid
Contractor says start to the year otherwise “strong” in trading update
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NewsEFA to procure body to raise finance for new schools
BFE latest: Private finance ‘aggregator’ to be set up to fund £1.75bn PF2 school programme
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NewsAecom profit rises 10% in Q2
Parent company of Davis Langdon posts solid second quarter results
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NewsSkanska UK reports first quarter results
Contractor books £260m revenue and £7.5m operating profit
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NewsConstruction industry insolvencies fall 8%
But fall in number of insolvencies in first quarter of the year likely to prove a ‘false dawn’ experts warn
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NewsBouygues sells civil engineer Fitzgerald
Bouygues UK has sold civil engineering contractor Fitzgerald to its management a year after acquiring the firm
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NewsOcon creditors left £4.3m out of pocket
Manchester-based contractor’s collapse sees creditors only paid up to 22p of every pound owed
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NewsBam Construct holds steady in difficult market
Chief executive Graham Cash says turnover has now levelled out and cites ‘well structured’ business as reason for firm’s resilience
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NewsRowecord administrator 'not optimistic' about sale
Administrator of steel specialist says sale of the remaining operational parts of the business is unlikely