Finance News – Page 171
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News
Interserve profits fall
Interserve’s profit fell 28% last year despite an improvement in the second half.
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NewsEnterprise loses chief executive Neil Kirkby
Firm refuses to comment as chair Owen McLaughlin takes temporary control
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NewsInterserve profit falls 28%
Improvement in second half fails to stop hefty fall in year-on-year profit
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NewsCostain profit up 54%
Building firm increases profit to £27.9m despite ’difficult economic environment’
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NewsTreasury launches PFI inquiry
The Treasury said today it will look into the role of PFI and how it is accounted for
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NewsISG turnover up a third
Strong growth in the firm’s London fit-out division boosts turnover in the first half
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News
Construction insolvencies down in January
205 building and construction firms went into liquidation during January, compared to 218 in January 2010
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NewsNew construction orders up 3% in Q4
But public sector spending supported recent growth ahead of cuts kicking in
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News40 may go as Morgan Sindall shuts piling arm
Insufficient work and lack of tendering opportunities have prompted the firm to close down its piling business
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NewsChina to remain at forefront of global construction
£60tr to be spent on construction globally in next ten years
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NewsBalfour Beatty turnover hits £9bn
Britain’s biggest contractor to focus on global infrastructure markets as it reveals 20% increase in profit
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NewsTaylor Wimpey posts £75m profit
Housebuilder results ahead of expectations as it turns rounds 2009 loss of £96m
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NewsAecom evacuation from Libya will hit proifts by £9.5m
Global consultancy firm completes withdrawal but issues profit warning for second quarter
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NewsConstruction sees strongest growth in 8 months
A rise in activity during February follows on from growth in January, according to the CIPS/Markit survey
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NewsHouse prices post unexpected rise
But Nationwide says market is still “treading water” in its monthly House Price Index
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NewsCPA warns on rising costs
2011 is shaping up to be a tough year as rising costs can not be passed on to customers
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NewsHMRC cracks down on plumbers' tax affairs
Plumbers, gas fitters and heating engineers are being targeted by the tax authorities
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Dev Secs to restart next phase of Paddington Central
Developer gloomy about market outside of the south east
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Four suitors court Taylor Wimpey US business
Deal not expected before thursday results announcement