Finance News – Page 180
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News
Bovis warns of uncertainty
Housebuilder Bovis Homes has seen a rise in profit margins but has warned of “uncertainty concerning the near term direction of house prices”.
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News
Costain shores up pensions
Costain will sink six PFI contracts into the firm’s pension scheme in a bid to reduce its pension deficit by £22m.
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NewsContractors wrestle for control of Rok
Carillion, Mears and Kinetics among those talking to administrator as it emerges contractor owed suppliers £100m
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NewsExports boost Latchways profit by 28%
Safety equipment supplier says overseas markets account for 68% of product sales
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NewsAmec adds 900 staff to payroll
Engineering consultant boosts workforce by 4% after aquisitions and “significantly” higher orders
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NewsBalfour Beatty order book hits £15bn
Contractors confident of global growth despite fall in revenue over last three monhts
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NewsRok administrators lay off 711 staff
PwC cut parts of business of little interest to possible buyers
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News
Vinci construction turnover falls 3%
French group sees overall revenue grow but construction division weakens
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NewsMorgan Sindall: Connaught contracts £60m less than thought
Contractor to write down £3m over purchase of £28m suite of contracts
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NewsRok administrators vow to pay 3,800 staff
PwC says priority is to review and sell the collapsed company
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NewsAtkins buys Danish bridge company
Engineer buys into buoyant Scandinavian infrustructure market
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NewsMears tries to snap up all Rok social housing contracts
Chief executive at Mears says he is looking to take over collapsed firm’s social housing deals as PwC is appointed administrator
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NewsCostain sells PFI stakes to reduce pension deficit
Costain reports strong performance and PFI deal to significnatly reduce its pension deficit
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NewsRok goes into administration
Contractor makes statement to the stock exchange that it will suspend trading
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NewsConnaught's debts could reach £100m
Administrators find 50,000 missing invoices from suppliers and say there’s only £600,000 to pay unsecured creditors
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NewsBathroom pod manufacturer goes into administration
Scottish-based RB Farquhar has called in the administrators
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NewsGalliford Try's reports growth in housing
Contractor makes positive interim statement but says warns mortgage availability and public sector cuts make future uncertain
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NewsCarillion wins £100m of work in Oman
Contractor grabs both construction and facilities management jobs
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NewsMears salvages £100m from Connaught debris
Social housing firm Mears expects to expand its revenue and workforce by 10% over the next year after picking up more than £100m of contracts from collapsed rival Connaught, writes David Matthews.