Finance News – Page 131
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Interserve picks up £146m waste PFI
Contractor part of winning Viridor consortium for Glasgow job
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Payment delays reduce in construction
Firms waiting two fewer days for late payment than in 2011
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Balfour Beatty still on top
Contractor scoops contracts worth £372m in June, while total construction output falls, again
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Skanska's UK revenue falls 12%
Contractor Skanska saw construction revenue fall 11.5% to £532m over the first half of the year, but profits rose 15% to £20m.
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Turner & Townsend reports bumper results
Increased proportion of overseas work helps consultant boost revenue 20% and pre-tax profit 46%
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Infrastructure work fails to pick up
RICS survey finds infrastructure workloads remained flat over Q2 despite government attempts to boost sector
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Construction suffers 278 insolvencies in June
Number of insolvencies falls slightly on previous year but sector is still one of the worst hit
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Construction output falls sharply
UK construction output fell 6.3% in May compared with the previous year, the latest official figures have shown
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Cities win new freedoms to drive investment
England’s major regional urban centres given greater access to central government funding to drive infrastructure work
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Bovis to quit North-east to focus on ‘predictable’ South
Housebuilder expects ‘significant’ profit growth this year with completions set to rise 25%
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Utilities costs hit Balfour's support services division
Firm says overall performance is still on track to meet profit targets
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Miller joint venture falls into administration
Deloitte appointed to Edinburgh Park venture with Council
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Galliford Try house sales up 40%
Chief executive says housebuilding plan has “exceeded expectations”
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Bovis Homes expects ‘significant’ profit growth
Housebuilder produces bullish trading statement