Finance News – Page 146
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NewsBanner Homes secures £120m loan
Housebuilder says it expects to report 20% turnover rise for 2011
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NewsBarratt's profits up 40%
Housebuilder Barratt’s profits rose 40% in the second half of 2011 compared with the second half of 2010
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NewsScots firm WJ Harte makes 500 redundant
Contractor calls in insolvency firm in major company failure
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NewsSIG reports sales boost
Interiors and roofing firm SIG has reported a rise in sales of 8% in 2011
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NewsCommercial development plummets
Development drops at fastest rate for over two years - decline steepest in London and the South-east
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NewsSkyscraper construction 'linked to financial crashes'
Barclays Capital points to “unhealthy correlation” between skyscraper construction and financial crashes
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NewsOne in five small builders cut staff due to VAT rise
Half of small firms say they have seen a decrease in work over the last year because of higher tax rate
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NewsOsborne wants £10bn from town hall pension pot
Osborne plans meeting with local government pension fund bosses over plans to invest in UK infrastructure
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NewsMPs hit out at government PFI policy
Latest reforms run same risk of poor value for money as PFI, says select committee
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NewsExperian: Construction facing ‘lost decade’
Winter forecast suggests UK construction could be heading for ‘lost decade’ in the style of Japan with zero or very low growth
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NewsInterserve reports 'significant profit growth'
Contractor lands £400m of contracts in the past two months
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NewsSupport services and the US strengthen Balfour Beatty
Balfour Beatty maintains £15bn order book but contactor warns some of its core markets remain weak
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NewsAxa launches €2.5bn property fund
Fund aimed at filling the gap in property investment left by retreat of banks
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NewsConfidence in London property market falls sharply
Survey indicates eurozone crisis may trigger decline in property investment in the capital
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NewsYRM entered administration before RMJM sale
Pre-pack deal leaves majority of staff without two-months’ wages
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NewsArdmore wins £49m subcontract on scheme built by rival
Contractor to work on re-started scheme alongside rival United House
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NewsShaylor bullish on profit and turnover
Chief executive Stephen Shaylor says diversification strategy will put firm back to 2010 levels
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NewsCPA warns of gloomy 2012 for construction
Predictions for output revised down and emphasis put on need for strong private sector recovery