Finance News – Page 174
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NewsActivity revives in January
Improved weather conditions and new business gains contribute to all parts of construction sector recording increase in activity in January
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Bellway reports positive 2011 despite more house price falls
Bellway said this week that trading in the first few weeks of 2011 has been “encouraging” after revealing it has sold 2,322 houses in the first six months of its financial year, which ended 31 January. This is a 3.8% increase on the 2,247 it sold in the same period ...
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London development led by office rental growth
Office rental growth is driving development activity in London, with supply shortage expected to further this in 2011
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NewsSkanska profits flat as revenue falls
Skanska UK revenues fell 17% in 2010 but profits were down just 1.8%.
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NewsUp to £1bn wasted on M25 widening
The Highways Agency mishandled the M25 widening programme, potentially leading to a waste of £1bn, according to the Public Accounts Committee.
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NewsEaga's biggest shareholder would not block takeover
The Eaga Partnership Trust said it would review any take over in the interests of its beneficiaries
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Bellway house sales up 3.8% in first half
Bellway house sales are up 3.8% as average selling prices climb 8%.
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Henry Boot wipes out debt with £33.8m land and develpment sales
Henry Boot has sold the Ayr Central Shopping Centre to raise £33.8m and clear its debts.
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NewsAukett turnover halves as Russia and Middle East slump
Architect expands into Brazil to increase workload after revenues dive in 2010
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Image Styles goes into administration
West Midlands maintenance firm Image Styles has gone into administration, with the loss of 70 jobs. The firm suffered from public sector cutbacks and the lack of work available from local authorities.
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NewsCityWATCH: Mouchel and Costain
Mouchel and circling suitor Costain upped their PR efforts this week, each playing hard to get and trying to appear nonchalant in the pages of national newspapers
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NewsLate payments hit three-year high
New figures from Experian show reversal of trend in final quarter of 2010
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NewsMaterial costs rise outstrips tender prices
Survey shows material costs rose 1.5% more than tender prices in Q3 of 2010
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NewsOECD warns UK faces blacklisting over bribery
Body says world running out of patience as justice secretary delays implementation of Bribery Act
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NewsMitie share price dips after outsourcing warning
Firm anticipates ’delays’ in delivering secured and prospective work this financial year
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NewsTata raises steel prices by £95 per tonne
Indian giant is latest to increase building materials costs
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NewsBid-rigger GAJ goes under
Coventry-based contractor latest identified in OFT probe to go into administration
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NewsPochin warns project delays will hit profit
Loss-making contractor says construction arm will struggle to be profitable after delays in key contracts