Finance News – Page 160
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NewsBudget hotels glam up, scale down and do well
Hotels are beating the recession by embracing micro-development
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NewsOsborne’s pre-tax profit hits four-year high
Jobs picked up from collapsed Connaught help boost profit to £3.5m, but turnover still falls 8%
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NewsMayfield collapses with 80 jobs lost
Impact of the recession and winter too much for Liverpool contractor
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NewsTelford sales up 50% since April
East london housebuilder says trading in line with expectations
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NewsBarratt to return to pre-tax profit
£40m pre-tax profit sees housebuilder back in the black for first time since 2008
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NewsHouse loans rose in May but remained lower than 2010
Market view from Council of Mortgage Lenders
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NewsCPA survey reveals 18% increase in exports
Construction manufacturers seek business abroad in light of weak pound
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NewsContractor Kinetics goes bust
Begbies Traynor to be appointed administrator of £100m-turnover firm
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NewsLend Lease staff face fresh overhaul of pension scheme
Second major change to UK scheme in three years designed to give parent company financial certainty
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NewsCostain/Skanska tipped for £250m Paddington Crossrail job
The £250m contract at Paddington would be the largest the consortium has won on the project
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NewsEnterprise puts brave face on £135m loss
Financial director says the firm has turned a corner despite losses in 2010
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News
Output rebounds from April’s drop
ONS figures show that construction output rose slightly in May
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NewsCouncil approves £100m Grahame Park regeneration
Barnet council permits next stage of £800m redevelopment of Britain’s largest housing estate
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NewsNearly half of small builders report falling workloads
FMB’s latest survey suggests further bleakness for employment in construction sector
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NewsCarillion scales back UK construction business
Company targets expansion in Canada and the Middle East
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NewsMouchel shares fall after bank cuts forecast
Investment bank downgrades Mouchel stock from buy to hold in reponse to downbeat trading statemenet
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NewsBalfour ploughs cash into growth
Contractor says acquisitions and investment will see £340m cash pile fall
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NewsCompetition squeezes Morgan Sindall margins
But firm reports increase trading in line with expectations as it reveals place on £1.2bn Gatwick framework
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NewsJune sees highest job cuts since January
A fall in new orders and slow output growth have dented confidence in the sector