Finance News – Page 195
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NewsCommercial development keeps rising despite slump in public work
Savills index shows public activity down 13% and private up 14%
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NewsHyder axed 500 jobs last year
Engineer reports 8% rise in profit despite last year’s recession in Europe and MIddle East
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NewsBidders circle Scott Wilson
Share price jumps as consultant confirms it has received approaches about takeover
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NewsBaqus issues profit warning as public spending ‘disappears’
Listed QS Baqus has issued a profit warning as its public sector contracts dry up in the wake of the election
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CityWATCH world affairs and local fears
Although it had other things on its mind - a rather tense Middle East and Korean peninsular, not to mention the continuing threat of national bankruptcy in southern Europe - the City still had time to welcome the proposed takeover of BSS by Travis Perkins
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NewsTravis Perkins predicts more merchant mergers
Geoff Cooper, chief executive of Travis Perkins, has said there could be further consolidation in the building materials sector after his firm said it planned a £553m takeover bid for heating and plumbing specialist BSS, writes David Matthews
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Scottish private housebuilding reaches 29-year low
Private housebuilding in Scotland has fallen to its lowest level in almost three decades
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Galliford Try wins £300m deal
Galliford Try has been named as the preferred private sector partner on a £300m project to build community facilities in south-east Scotland
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Interserve to design and build £30m Leeds academy
Interserve has won a £30m contract to design and build an academy for Leeds council
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NewsHelical Bar back in the black with £7.9m profit
Property group’s turnover falls but dividend is increased as property values rise
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NewsGovernment housing mandarin revealed to have £175,000 salary
List of high-earning civil servants includes housing and planning chief Richard McCarthy
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Tribal sells Nightingale for £13m
Public sector architect bought by UK subsidiary of Canadian design group IBI
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Cut price rights issue sinks Royal Bam share price
Dutch construction group offers 97 million new shares at 38% discount
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NewsBaqus issues profit warning
Listed QS says slowdown in construction sector will mean it will not meet market expectations this year
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NewsTravis Perkins closes in on £553m BSS Group sale
Materials firm says both companies have agreed on strategy behind takeover, which will boost its heating and plumbing business
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NewsCPA chair: UK ‘will crumble’ if cuts are too deep
The new chairman of the Construction Products Association has warned the government that the country will “crumble” if capital spending drops to projected levels
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NewsCrest prepares for listing amid £350m takeover talks
Housebuilder reassures City as exclusive negotiations with suitor Horizon continue until mid-June
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NewsCitywatch: Who’s flying this plane?
Nerves are beginning to jangle ever so slightly around the Square Mile about the lack of a finance director at Bovis Homes
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NewsRICS reveals first rise in workload for two years
The RICS construction workload survey posted its first increase in two years in the first quarter of 2010