Finance News – Page 178
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News
Welsh cladding firm Glamalco goes under
Administration move hits 140 jobs and 100 subcontractors
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NewsWatchdog to investigate Connaught accounts
Accountancy regulator says investigation will consider role of auditor PwC
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NewsContractor Irwins goes bust
Fifty-six jobs lost as Yorkshire builder hit by public spending cuts
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NewsIrish crisis spreads to UK as McCabe suspends site work
Irish contractor stops work on UK sites as it awaits decision from banking rescue fund
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NewsMitie acquisitions boost half-year profit by 12%
Company posts strong results despite plans to close engineering services in Scotland and South-west
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News
Taylor Wimpey secures £100m as part of refinancing deal
Taylor Wimpey has secured £100m from the fund management arm of the Prudential, which moves it closer to the £350m it needs to raise to complete a refinancing deal announced last week
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News
Kier buys PV firm for £2.4m
Kier has snapped up green energy specialist contractor Beco in a deal worth £2.4m
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News
Gleeson snaps up more land as house sales soar 47%
Sales at Gleeson have risen by almost half since July and private completions have grown by more than a quarter since the same time last year, the housebuilder said in an interim statement to the City last Friday
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NewsMears appoints David Miles as CEO
Current chief executive officer Bob Holt will continue as chairman
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NewsInterserve buys US reseller for $35m
Construction and services giant launches bid to break American market
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NewsBSS profits up by a third
Supplier posts strong half year results as merger with Travis Perkins enters home straight
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NewsGleeson sales up by half
Big rise in sales for housebuilder marred by government ’policy vacumn’ over planning system
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NewsT Clarke on even keel despite £40m drop in orders
Scaling back of schemes shrinks contractor’s order book
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NewsHyder axes 300 jobs but insists cull is now over
Finance director says staffing levels will now remain ’broadly flat’ after profit rises by two-thirds
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NewscityWATCH: Caution
The City has been understanding of the many companies that had a look - and then recoiled - at failed contractor Rok last week. Even Mears, which was the first off the mark to salivate over Rok’s remains, but then perhaps wisely decided it didn’t fancy the prospect, managed to ...
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NewsTaylor Wimpey clinches £950m credit deal
A refinancing by Taylor Wimpey was the highlight among respectable interim statements to the City by three of the biggest housebuilders this week, despite a no-show from the traditional boost in autumn sales
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News
British Land reveals £1.5bn London development programme
Developer British Land has committed to a £1.5bn development programme in the London office market, it announced on Tuesday
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News
Styles & Wood to rebrand after turnover warning to City
Property services firm Styles & Wood has said that it will rebrand to become known as S&W, two weeks after it issued a turnover warning to the City