Finance News – Page 173
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NewsHammerson profits up 11%
Net Asset Value per share increases 17.6% as the group wrote up the value of its assets by £447m
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NewsGross mortgage lending down in January
Figures still represent first year-on-year rise since August
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Money wasted on PPP projects as risks overstated
Faulty risk ratings increase finance costs for PPP projects, according to fresh research
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NewsEaga buyout to add £700m to Carillion sales
Carillion’s acquires Eaga in a share-boosting move away from general contracting in the UK
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British Land reveals London plans as rent market soars 20%
UK firm taking advantage of thriving London office sector
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NewsMorgan Sindall seals £500m Bournemouth PPP
Morgan Sindall has reached financial close on a Bournemouth town centre PPP project will run over 20 years
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NewsLend Lease profits up as revenue falls
Lend Lease said its profits increased 17% as its revenue dropped a fifth in the first half of its financial year.
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NewsRedrow buoyed by £8.5m half year profit
Housebuilder reports rising turnover and average selling prices as market recovers from winter freeze
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News300 more jobs to go at Atkins
Atkins today revealed it will shed another 300 jobs in the run up to April.
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NewsConstruction redundancies rise 28%
Data released today shows an increase in redundancies from 18,000 to 23,000 for the three months to December 2010
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Treasury looks to PFI projects for savings
The Treasury launched a pilot scheme today, tasked with identifying savings on existing PFI projects.
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NewsBritish Land outlines £1.9bn development programme
Developer set to start major London re-furb job and Glasgow retail centre
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NewsRICS: Commercial market outlook improving
The RICS Commercial Property Market Survey showed an improvement in Q4 2010
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NewsSpeedy Hire Q4 sales up 8.8%
Speedy Hire had a strong end to 2010, with sales increasing 8.8% on 2009
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HomeServe customer numbers up 14%
Maintenance firm has 4.8 million customers worldwide, with 10.9 million insurance policies
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NewsPoor weather to blame for negative construction figures
Figures for fourth quarter of 2010 still better than figures from 2009
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NewsCompany failures jump 20% in fourth quarter of 2010
Small firms hit hardest as severe weather pushes them over the edge, but numbers are below the peak
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NewsEaga takeover offer boosts share price
Light at the end of the tunnel for Eaga as announcement leads to a rallying of their share price
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NewsDriver Group chairman scoops £250,000 in share sell-off
Consultancy firm gives executives almost three million shares as financial incentive to turn the company around