Finance News – Page 189
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NewsNG Bailey back in black despite 23% plunge in turnover
Private M&E firm posts £20m profit but warns of weaker performance in future
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Morgan Sindall makes hay as the sun goes down
Public sector demand keeps contractors in work - for now
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Morgan: We can live with cuts
John Morgan, the executive chairman of Morgan Sindall, has said the percentage of public sector work on its order book will fall below 50% as a result of the coalition cuts
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Pidgley's pay packet
Berkeley chairman Tony Pidgley received a £1.5m bonus in 2009, according to the firm’s report and accounts
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Interserve profit falls
Pre-tax profit at outsourcing company Interserve fell by a third in the first six months of the year, from £40m to £27.3m
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House prices slip back
The RICS has reported much weaker demand among home buyers in its monthly update
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Rok suspends finance chief after ‘serious failings’
Rok has suspended finance director Ashley Martin after a profit warning and revelations of “serious failings” in the financial controls of its plumbing business
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Balfour retrenches despite £141m profit
Balfour Beatty is striving for £30m in “cost savings” over the next year after recording a £141m half-year profit
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NewsWeston Homes snaps up two sites and plans 250 homes
Sites in Uxbridge and Grays have a potential development value of £38m
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NewsRok shares tumble after suspension of FD
Chief executive Garvis Snook says he feels ’hugely let down’ as he reveals £8.5m hole in accounts
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NewsMcInerney looks for €40m rescue
Troubled housebuilder turns to US private equity group for cash injection
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NewsBalfour Beatty profit jumps 32% to £141m
Better than expected results helped by Parsons Brinkerhoff acquisition
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Rok suspends finance chief
’Serious failings’ in financial controls leads to profit warning and suspension
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NewsPidgley receives £1.5m bonus for Berkeley profits
Group chairman gets full bonus after group stays in profit in 2009
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NewsProfits fall by a third at Interserve
Outsourcing group points to government spend after expected reduction in half-year profits
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NewsConnaught could fall into lenders' hands
Announcement of ’material loss’ sparks 46% drop in share price
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NewsMorgan Sindall boosts order book by £0.5bn
Revenues and pre-tax profits slip despite increased orders
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NewsBrookfield and WSP launch first green retrofit JV
Pair teams up with architect Woods Bagot to move into sector worth ’in excess of £10bn’ a year
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NewsCollapsed firm Banner 'had just £6,000 in bank'
Creditors ’not very likely’ to get paid, as contractor blames demise on Viñoly’s Colchester arts centre
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NewsMace warns of disruption as small firms go to the wall
Contractor posts soaring profit but deputy chief executive predicts supply chain woes ahead