Finance News – Page 116
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NewsKier may make rival offer for May Gurney
Contractor issues statement following announcement of £178m Costain merger proposal
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NewsCostain-May Gurney merger to cost 150 jobs
But directors say £178m deal is designed to drive growth
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NewsHenry Boot points to 'nascent recovery'
Contractor says market is recovering but posts profit and revenue falls
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NewsWates construction profit drops by 50%
Chairman and chief executive Paul Drechsler hails “very solid” results despite drop in pre-tax profit for construction business
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NewsBellway profit up 50%
Housebuilder Bellway has posted a nearly 50% hike in profit, with revenue up 9.6%.
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NewsGovernment on track to meet project bank account target
Official figures show government spent £1.4bn through project bank accounts in first half of year
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NewsWates hails 'solid' results for 2012
Wates construction pre-tax profit down 48% but turnover holds up
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NewsFinal deal struck on Alder Hey hospital
Laing O’Rourke-led team reaches financial close on hospital
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NewsCritics round on £130bn mortgage guarantee
Policy of supporting homebuyers branded ‘absolutely insane’ as questions asked if it will allow homesowners to buy additional homes
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NewsWYG on course to strongly return to profit
Consultant says its operating profit will exceed market expectations
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NewsMears reports record revenue after Morrison buy
Social housing contractor reports revenue of £680m in 2012
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NewsOsborne chases Hinkley deal for Budget
Government locked in ‘full-tilt’ talks with EDF in bid to announce new-build nuclear funding agreement on Wednesday
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NewsPersimmon launches first stage of £1.9bn payback plan
Housebuilder proposes to pay shareholders £227m in first tranche of cash
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NewsBerkeley to hit 10% land bank growth
Housebuilder issues trading update as it steers towards £568m shareholder return
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NewsHousebuilder Cala sold for £210m
Lloyds owned group sold to consortium of Patron Capital and Legal General
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NewsJohn Lewis considers direct payment for subcontractors
Exclusive: Waitrose owner proposes contract clauses to bypass main contractors that delay supply chain payments
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NewsBalfour Beatty predicts revenue will fall by 20%
Construction giant announces it is to withdraw from bidding on ‘uneconomic’ work and switch focus to restricted markets