Finance News – Page 177
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NewsCJ Haughey’s creditors stand to lose up to £6.5m
Administrator says firm unlikely to be sold as founder blames Pembroke project for collapse
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Atkins signs nuclear power deal
British engineering giant Atkins has signed a joint venture with Assystem, a French nuclear specialist, to take advantage of the growing international market for atomic power stations
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Skanska targets UK housing market in global expansion
Skanska has opened a UK housing division as part of a global expansion strategy
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NewsWSP warns debt may be worse than predicted
Delayed payments could hit engineering consultancy although it will comply with banking covenants
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NewsTravis Perkins posts strong turnover
Evidence of buying ahead of VAT increase as performance at retail arm Wickes also improves
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NewsCarillion boosts margins after cutting UK construction work
Group says focus on UK support services and international markets will see rise in 2010 profit
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NewsMouchel is target of hostile bid
Consultant reveals it has been approached after profit warnings and falls in share price
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NewsShepherd edges into the black despite falling turnover
Contractor’s full-year results show turnover down 43% but loss is reversed
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NewsBerkeley reports 18.5% rise in half-year pre-tax profit
Housebuilder’s results exceed expectations as board predicts outperformance for year overall
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NewsIrwins falls victim to austerity drive: 56 jobs go
Leeds-based contractor Irwins has collapsed with the loss of 56 jobs after falling victim to a sudden reductions in public sector work triggered by the government’s austerity drive, writes Michael Glackin.
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NewsCapita Symonds: we’ll be No 1 in property management
Consultant will overtake CBRE and Jones Lang LaSalle in UK property management turnover
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Telford profit plummets 65%
Profit at east London housebuilder Telford fell by 65% over the past six months after it dramatically scaled back land-buying during the recession.
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NewsCitywatch: costly for costain
Costain took the biggest hit from the City this past week, and understandably so
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NewsMouchel confirms Deloitte will undertake targeted business review
Infrastructure maintenance group agrees to review as part of £180m debt refinancing process
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NewsConstruction activity keeps growing slowly
Only housebuilding fails to rise, while overall confidence reaches a five-month high
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NewsCostain reassured over £22m owed on Belvedere job
Costain told main contractor AE&E Inova has refinancing plan
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Balfour to set up £750m infrastructure fund
Constractor giant will sell off PFI under new strategy
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NewsTelford profits drop by two thirds
New chief executive as housebuilder reports ’planned’ downsizing