Finance News – Page 206
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NewsVT rejects increased Babcock offer
VT group says offer was 'only a small improvement' on Monday's offer
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NewsLancsville staff suspected as equipment goes missing
1,000 creditors, owed £23m, are unlikely to get anything if failed contractor’s plant is not found
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News‘Era of huge paycheck over’ as Milne boss cuts pay to £1.4m
Salary of former highest paid director slashed by a third last year, while company makes loss of £27m
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NewsJarvis predicts £5m operating loss
'Considerable' fall in rail and plant work hits trading at infrastructure and support services specialist
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NewsWrekin's ruby sold at knock-down price
Failed housebuilder's 10,700-carat Gem of Tanzania auctioned off at one-thousandth of earlier valuation
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NewsNHS trusts 'astonishingly' erratic on prompt payment
Survey reveals one in five trusts pay only 1% of bills within 10-day target period set to help small firms
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NewsAldar reveals £87m loss in fourth quarter
Abu Dhabi’s biggest developer says weak results were mainly down to failing to sell any land from October to December
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NewsVT rejects surprise Babcock bid
Babcock says decision to turn down offer of 507.6p a share is 'disappointing'
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NewsMouchel confirms increased offer from VT
After putting its 260p bid for the consultant on ice, VT Group ups the offer to 294p per share
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NewsConstruction project starts down 8% on last year
Snow delays works on site with activity particularly weak in non-residential sector
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NewsTwo Cornwall firms cease trading
Darren Healey Building Contractors and Highgrove Homes (South West) had bad debt of £800,000
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NewsJarvis hires former Laing O'Rourke director
Phillips Price to become managing director of rail and plant divisions
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NewsRedrow boss slams Tory localization plans
Steve Morgan claims scrapping regional planning targets is like 'putting mice in charge of the cheese cupboard'
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NewsTwo US firms vie to take over Davis Langdon
Partners of UK’s second largest QS meet to vote on proposals for acquisition by Aecom or Jacobs
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Happy new year for Balfour as it dominates in January
Barometer: Blackburn schools win takes firm to top of construction list for first time in eight months
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NewsMcLaren set to profit from slump
Kevin Taylor, chairman of McLaren Construction, has said the firm has an £18m war chest to buy struggling rivals
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Skanska back in black
Skanska UK has announced broadly flat turnover of £1.5bn for the year ended 31 December 2009
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Bellway warns on sales
Bellway has warned that the spring selling season will show that the housing market has not yet recovered from the crash. In a trading update for the six months to 31 January, the firm said first-time buyers were still hamstrung by the level of deposits required for a mortgage
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Insolvencies are down
The number of construction firms going into administration in the last quarter of 2009 fell by 15% from the previous quarter
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NewsCredit crunches Zaha's profit
Architect blames 69% profit drop on 'tightening of credit lines in the construction sector'