Finance News – Page 125
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Revenue falls 9% at Wilkinson Eyre’s UK arm
The UK arm of architect Wilkinson Eyre has reported a fall in revenue of 9% and a drop in pre-tax profit of 1.6%
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Fit-out specialist 8build posts turnover and profit growth
Contractor reports strong results and brace of contract wins
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Century-old Patton falls into administration
Northern Ireland contractor will continue to trade while administrator asseses options
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Costain secures £1.6bn of long term revenue
Contractor already has orders for £1.6bn of work beyond 2014
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Outsourcing boosts Babcock revenue and profit
Engineering giant posts half-year results with revenue up 6% and pre-tax profit up 13%
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Severfield-Rowen issues profit warning
Steel giant says cost overruns on a “small number of contracts” has hit its profit expectations, as it announces 50 job losses
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Construction remains in grip of downturn
Latest Construction Trade Survey finds declines in activity in all parts of the industry
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Industry output rises slightly in October
Markit/CIPS purchasing managers’ index still much weaker than before the financial crisis
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EC Harris purchase buoys Arcadis turnover
Dutch consultant reports 34% revenue growth on acquisition of UK and Asian firms
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Commercial construction not set to recover until 2023
Study finds low levels of growth mean it will take years to overcome sharp fall in output
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RMJM's UK businesses cease trading
KPMG steps in as architect’s three British subsidiaries placed into receivership, with new business RMJM Europe created in their place
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FSA backs down on mortgage rules
Lending regulations will provide no boost to housing market say financial advisers
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Construction shrinks 2.5% in third quarter
Construction the only sector to continue to contract as overall economy returns to growth following Olympics boost
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BDP profit drops 44%
Architect hit by slowdown in schools and health spending and falling fee levels
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Keepmoat and Apollo merger sees 250 jobs go
Restructuring of the merged Keepmoat and Apollo businesses has completed, with Keepmoat chief executive Ian Sutcliffe stepping down
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Ramboll UK sinks into the red
Exclusive: Cost of firm’s integration with engineer Gifford sees firm report a loss in 2011
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Development Securities reduces half year loss
Developer increases gains on its property portfolio
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Construction shunned by flagship government lending scheme
Lending to construction SMEs through Enterprise Finance Guarantee dwindles to almost nothing
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Civils job boosts Lend Lease
Contractor beats Bam to the top spot after winning £300m port scheme in Liverpool