Finance News – Page 186
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NewsDeep geothermal energy gets funding boost
Firms can bid for £1m in funding to explore possible sites
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News£19.2m profit puts Galliford Try on course to deliver expansion plans
Housebuilder’s annual results show revenue down but order book and profits up
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NewsTrent Concrete enters administration
Nottingham precast specialist a victim of uncertainties over public sector work
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News300 more Connaught workers made redundant in Norwich
Council fails to find buyer for ’abnormally’ cheap Connaught social housing contract
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NewsPinnacle developer 'close to tenancy deal'
Reports suggest Arab Investments and Schroders are in talks to lease half of the planned skyscraper
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NewsScott Wilson delists after URS completes buy-out
Shares for UK firm are removed from stock exchange as £223m deal is finalised
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NewsMorgan Sindall snaps up Connaught housing contracts
£28m deal will result in transfer of the majority of social housing contracts and 2,500 employees
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NewsAtkins reveals workforce fell by 2,500 in 18 months
Falling workloads and looming public sector cuts see headcount reduced by 14%
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NewsUnited House profit up 78% as London proves resilient
Turnover jumps 13% at social housing specialist helped by contractor-developer-investor model
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News
Housebuilding salaries: First, the good news
Housebuilding salaries have edged up over the past year, according to the PSD Group/Building survey. But the optimism that led to this modest rise has petered out, and fears for the future are growing among employees and clients
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News
ISG records a £74m drop in turnover
ISG has seen a £74m drop in turnover as its construction division puts the brakes on recovery
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NewsLloyds agrees deal to sell Crest Nicholson stake
Disposal brings restructuring of housebuilder a step close
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NewsKPMG says Connaught will continue trading
Administrator hopes to keep firm running while novating contracts and transferring staff to other firms
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NewsRedrow returns to profit
Housebuilder turns last year’s £44m loss into a £700,000 profit in figures released this morning
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NewsBanks rejected £50m three-year rescue plan for Connaught
Source close to the rescue talks said lenders refused to find the money within a month to fund rescue package
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NewsSteady as she goes for Barratt despite reservations dip
Drop is in line with seasonal trend, says housebuilder
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NewsConnaught environment and compliance arms to be kept out of administration
Social housing business will hive off two profitable arms for sale
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NewsBankers refuse to bail out Connaught
Shares suspended as social housing group teeters on the edge of administration
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NewsConstruction to fall back into recession
Latest CPA forecast shows industry output will fall for the rest of 2010 and into 2011
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NewsNewcastle's Surgo hopes to see off heavyweight rivals
SME profile Tyneside firm believes regional education will enable locals to compete with nationals