Finance News – Page 179
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News
Rok administrators in last push to sell contracts
Hopes of selling whole business gone as divisions shut down and potential buyers back away
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NewsDerwent planning five new central London schemes
Developer ready to develop 1,000,000ft2 of property as capital’s office market improves
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NewsKeller hit by zero growth and falling margins
Groundworks specialist issues profit warning after revealing £3m redundancy costs
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NewsDiageo in talks with new contractors after Rok closures
Closure of Scottish division stops work on £86m bottling plant
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NewsBarratt sees forward sales drop on 'weak' autumn
Housebuilder sees future private reservations drop by 24% on last year
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NewsSerco expects revenue to rise to £5bn by 2012
Company has signed £2.3bn of deals since June and says public sector cuts will drive outsourcing
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NewsHyder boosts profit after cutting 7% of workforce
Consultant engineer reports 66% jump in profit after revealing more job losses
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NewsRok firms put into administration with loss of 87 jobs
Tulloch Transport and Rok Civils attract no interest from potential buyers of Rok
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NewsBritish Land puts £1.5bn into London developments
Commercial developer says Cheesegrater will start on site in July and complete by 2014
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NewsTaylor Wimpey completes £950m refinancing
However housebuilder loses finance director as housing market weakens
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NewsInterserve optimistic about future workload
Maintenance and building group expects stronger second half of the year and boasts £5.5bn future workloads
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NewsGovernment austerity drives hit Kingspan orders
Panel supplier blames spending cuts across Europe for slowdown in third quarter orders
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NewsAutumn sales flat says Persimmon
Housebuilder says seasonal uplift in reservations has failed to materialise
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NewsConstruction output revised down by £1.1bn
ONS suggests treatment of “outliers” may have led to exaggerated growth figures
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NewsKier warns of social housing "hiatus"
Contractor warns of transition period between funding models but welcomes “good start” to financial year
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NewsLandSecs eyes distressed assets to increase work
Developer Land Securities aims to increase the value of its development pipeline by up to £500m over the next three years by targeting distressed properties across the UK
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NewsPrivate sector steps in to fill gap left by public work
Business barometer: Willmott Dixon tops the chart buoyed by £41m public sector contract
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NewsISG targets US retail clients
ISG is targeting high-profile retail and commercial clients in the US for the first time as part of a new strategy to win work with America-based businesses across the globe
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News
Capita restructure
Capita Symonds has restructured its business, cutting its divisions from four to three and rebranding seven recent acquisitions.