Finance News – Page 185
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NewsShapps hits out at housing association 'fat cat' pay
Housing minister demands to know why bosses are earning more than the prime minister
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NewsGleeson returns to profit after cutting overheads by half
Firm records 12-month pre-tax profit of £400,000 following a £51m loss in 2009
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NewsAukett to make fresh swoop after Archial collapses
Deal between the firms on the cards after UK’s sixth-largest architect falls into administration
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NewsSaved steel frame factory shipped to UK
Fusion Building Systems entire factory is being shipped from Cork to Northampton after it was acquired by private equity
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News113-year-old Portland stone supplier enters administration
One of the last remaining Portland stone suppliers has entered administration due to a lack of work
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NewsRedhall makes £16m offer for Mount Engineering
Redhall says aquisition will boost its presence in global oil and gas markets
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NewsBovis Lend Lease shakes up top team
North of England boss Tony Lenehan exits as Julian Daniel takes over as boss of England and Wales
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NewsArchial shares suspended
Shares in Archial have been suspended while the firm clarifies its financial position
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NewsConnaught's failed £50m rescue deal: more details
Sources suggest the banks were wary of the firm’s optimistic figures
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Airports get firms off the ground as workloads dive
Business barometer: Balfour’s Heathrow win takes it clear of its rivals in quiet August
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NewsMiller ‘may move into consultancy’
Keith Miller, chief executive of Miller Group, has said its construction business will do more consultancy work in future and did not rule out buying a consultant
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Lloyds sells Crest stake
Lloyds has sold its 30% stake in housebuilder Crest Nicholson to US investment firm Varde for a reported £150m.
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Infrastructure warning
John Cridland, the CBI’s deputy director-general, has warned the government that it will repeat the mistakes of the past if it neglects infrastructure investment in its Comprehensive Spending Review
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URS seals Scott Wilson deal
The acquisition of Scott Wilson by American consulting giant URS has been formally completed, propelling the US company into the top 10 of British engineers.
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Whitby is back in business – with a gazebo
Mark Whitby, the former chairman of structural engineer Ramboll UK, has set up a consultancy with former colleague Des Mairs
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Latest construction appointments: 17 September 2010
Consulting engineer Crofton has appointed Marcos DeCastro associate director and Ashley Rudd senior structural engineer.
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NewsACS plans Hochtief takeover
Spanish contractor aims to take controlling stake in Germany’s largest construction firm
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NewsFunding problems hit National Football Centre
Football Association’s financial troubles threaten construction of £100m flagship coaching centre
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Kier's profit jumps 10%
Contractor records pre-tax profit of £55.5m despite revenue slipping to just over £2bn
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NewsRok seeks refinancing deal with lenders
Reports suggest the group is lining up talks to renegotiate its debt