Finance News – Page 182
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NewsGlobal shake-up puts London at head of Aedas expansion
Architect restructures European and Asian businesses to improve international presence
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NewsBellway warns sales will be flat until July 2011
Housebuilder revises predictions for 2011 as consumer confidence falls
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Reports of 3i’s Foster + Partners sell-off ‘wide of the mark’
Source close to 3i plays down rumours of a sell off of its 40% stake in the architecture practice
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Mouchel issues profit warning
Mouchel has warned that its profit before tax and exceptional items will drop to £30.5m from £40m for the year ended 31 July 2010.
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NewsGalliford Try lines up Segro’s Ian Coull as next chairman
Galliford Try has announced that its next chairman will be Ian Coull, the chief executive of Segro.
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Housing stats: New build sales and completions in September
Last month was every bit as bad as housebuilders feared, with sales 28% down on previous the year
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NewsCapita Symonds raises profits by 30% on lower turnover
Capita Symonds Ltd posted a sharp increase in profits in 2009 despite a slight decline in turnover.
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O’Rourke changes top team
Laing O’Rourke has undertaken a global shake-up of its top executive team
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Aecom poised to appoint new chief of European business
Aecom is in the final stages of appointing a chief executive of its European business to sit above UK and Ireland managing director Bill Hanway
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NewsTelford sees no mortgage improvement for two years
East London housebuilder says trading in line with expectations
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NewsLabour would spend 'tens of billions' more on capital projects
Plans by shadow chancellor Alan Johnson would see £9.5bn more invested every year than Coalition
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NewsWalkie Talkie restarts after Land Sec signs joint venture with Canary Wharf
Land Secs says deal will allow it to bring forward other London developments in project pipeline
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NewsBellway warns sales volume flat in 2011
Housebuilder returns to profit but cautions on “uncertain” outlook
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News3i to dispose of stake in Foster + Partners
Private equity firm sounds out banks about possible sale of shares
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NewsCyril Sweett order book grows 30%
Acqusition of Widness and Padghams helps boost consultants’ growth overseas
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NewsGalliford Try appoints Segro boss Ian Coull as chairman
Coull is leaving Segro and will succeed current chairman David Calerley next July
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NewsGrosvenor framework saves 10% on £250m pipeline
Four-strong team will handle all construction work across 120ha Mayfair and Belgravia portfolio
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NewsGalliard reports £16m loss despite 50% rise in turnover
Galliard Homes’ pre-tax loss fell to £16.8m in 2009, on turnover up more than 50%, according to accounts posted this week
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Government to enforce 30-day payment period
The government is to make 30-day payment periods compulsory in order to enforce prompt payment to subcontractors.
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NewsShepherd plans London assault
Richard Vining, the new chief executive of Shepherd Construction, has announced that the company will open a central London office to boost its position as a national contractor