Finance News – Page 184
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NewsMears buys ailing social housing firm
Social housing company buys loss-making maintenance business Jackson Lloyd
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NewsKillby boss upbeat despite 40% profit fall
Profits at Killby & Gayford plunged 40% last year but Chris Chivers, its chief executive, insisted that the construction market was “finally starting to turn”, writes Michael Glackin
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Wolseley to save £20m in tax by moving to Switzerland
Wolseley has said it will save more than £20m in tax by relocating to Switzerland
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United House names money man
Social housing specialist United House has appointed Simon Jones group finance director
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MJ Gleeson reveals £400k profit after last year’s slump
MJ Gleeson has posted a pre-tax profit of £400,000 for the 12 months to 30 June 2010
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NewsWYG runs the rule over acquisitions in SE Asia
Engineer looks at deals in emerging markets as part of six-year recovery plan
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NewsBalfour Beatty names five divisional chief executives
Balfour Beatty has created five new divisional chief executives following the restructuring of its business in the summer.The five will all report to chief operating officer Andrew McNaughton (pictured). They are:Mike Peasland, chief executive of Construction Services UK, responsible for civil engineering, ground engineering and MansellGeorge Pierson, chief executive of ...
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NewsRok clears finance director of wrongdoing
Contractor lifts suspension of Ashley Martin and says financial problems were caused by falling workloads and poor controls
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NewsArchial sold to Canadian consultant
Toronto-based Ingenium buys stricken architect for undisclosed sum
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NewsBreedon posts £387,000 first-half loss
Breedon Aggregates reveals loss but says prospects for growth had improved since takeover by Marwyn Materials
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NewsWYG completes restructure after £22m loss
Engineering consultant to base its structure on four key areas of market activity
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NewsOFT delays decision on Travis Perkins' bid for BSS Group
Office of Fair Trading says its decision over the £558m bid will not be until mid-October
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NewsWolseley to take up tax residence in Switzerland
Building materials firm says it is creating a group holding company as it announces no profit growth in its full-year results
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ACS bids for control of Hochtief
Spanish contractor ACS has made an offer for a controlling stake in German rival Hochtief. If the deal goes through, it would create one of the biggest construction groups in the world.
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Mears and British Gas link up to bid for energy contracts
Mears has announced a strategic partnership with British Gas to tap into funding from the Carbon Emissions Reduction Target and the Community Energy Saving Programme.
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Kier puts faith in frameworks as profit rises 10%
Pre-tax profit at Kier rose 10% to £55.5m from £50.6m last year, largely thanks to its framework deals.
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NewsISG opens five offices as it targets smaller jobs
ISG has opened five offices in the past nine months as part of its strategy to compete with regional businesses for smaller deals, writes Andrew Hankinson.
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NewsMajority of Connaught deals will not transfer to Lovell
Research by Building shows most councils will re-tender contracts with failed social housing firm