Finance News – Page 130
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NewsT Clarke picks up two jobs from failed M&E firms
Electrical contractor picks up a couple of school jobs from Airedale M&E and Rotary Scotland
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NewsT Clarke profits fall by two-thirds
Electrical contractor reports challenging six-month trading period
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NewsTed Ayres to take over at Bellway
Current operations director to become CEO as John Watson appointed chair
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NewsLorne Stewart acquires four Rotary businesses
Engineer buys Rotary’s North West, Yorkshire, Southern and Midlands divisions as three other parts of business fold
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NewsConstruction sector suffers sharp contraction
Latest trade survey finds all parts of the industry saw a sharp fall in workloads, new orders and tender prices in Q2
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NewsKeltbray enjoys strong revenue growth
Keltbray Group saw a 24% increase in turnover last year with revenue up to £108m.
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NewsMorgan Sindall profit grows 13%
Contractor reports fall in revenue but keeps a tight hold of costs in first half of the year
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NewsDerwent completes £83m re-financing deal
Developer Derwent London has completed an £83m re-financing deal.
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NewsCostain consortium bags £102m roads job
Contractors also made preferred bidder on £27m reservoir scheme
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NewsUK ‘three years behind’ on PFI, says Scottish minister
Secretary for infrastructure and capital investment tells Treasury to ‘swallow its pride’ and use NPD model
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NewsConstruction orders rebound slightly in July
Markit/CIPS survey shows slight recovery after grim June figures
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NewsBanks take 80% stake in Mouchel in bid to save company
RBS, Lloyds Banking Group and Barclays agree to write off £87m of debt in return for majority ownership
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NewsAtkins warning on global forecast
Firm cuts staff in North America due to weak market but says it has had a ‘good start’ to the year in UK
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NewsTaylor Wimpey half year profit jumps 170%
Housebuilder performs strongly over six months to July 1
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NewsBanks to take majority stake in Mouchel
Engineer to delist from the stock exchange as part of restructuring plans
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NewsTravis Perkins sees profits rise 25%
But builders merchant says wet spring and summer wiped £10m off its profits for the first half of this year
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NewsSweett completes delayed Inverclyde PFI sale
Consultant makes £850,000 pre-tax profit on disposal
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NewsAll 135 jobs go as Airedale M&E collapses
Administrator KPMG confirms job losses at Leeds-based specialist
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NewsArdmore revenue up 33%, but profit falls sharply
Contractor attributes fall in profit to two significant contract disputes