Finance News – Page 212
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NewsSizebreed sets its sights on the super-rich
Former directors of Holloway White Allom explain why now is the right time to set up luxury contractor
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NewsBank of England keeps interest rate at 0.5%
Housebuilders welcome continuing freeze but want lenders to relax borrowing criteria for mortgages
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NewsCostain boasts order book of £2.6bn
Trading update says company increased order book for 2009 by 30% and secured £850m of work for 2010
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NewsFSA probes HBOS loans to housebuilders
Financial Services Authority is due to report on multimillion-pound loans agreed by HBOS exec to the property and housebuilding sector
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NewsBalfour Beatty wins £100m Greenwich schools jobs
Construction group also reveals £91m of contract wins on North Lanarkshire schools PPP
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NewsConstruction output grew 1.9% in third quarter
But upward revision of 3% is not enough to pull UK out of recession
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NewsCarillion wins £157m health PPP in Toronto
Carillion Health Solutions JV will build and finance the city's Centre for Addiction and Mental Health
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NewsCBI expects UK to exit recession this quarter
Organisation forecasts slow and fragile recovery with business investment improving in 2010
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NewsDecline in construction product sales continues
Construction Products Association says manufacturers report a fall in sales although decline is at a slower rate
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NewsLancsville goes into administration
Contractor appoints administrator as data suggests it did not have sufficient funds to settle trade accounts
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NewsBalfour Beatty hires former Tate & Lyle chief executive
Iain Ferguson will become non-executive director from 1 January
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NewsDubai bailout fails to cheer UK creditors
$10bn rescue by Abu Dhabi unlikely to lead to quicker debt repayments
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News2009: The year of living nervously
Building’s review of the financial year looks at how housebuilders, contractors and consultants dealt with falling demand and rising debt
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NewsMorgan Sindall remains bullish for 2010
Construction group says public sector and fit-out are still performing strongly, despite fall in order book
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NewsConstruction loses 67,000 jobs in last quarter
Figures from Office of National Statistics shows construction is the worst-hit sector in economy
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NewsScott Wilson denies takeover danger as profit dips 5.3%
Chief executive attempts to downplay firm's vulnerability after half-year results
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NewsCommercial property values continue to recover
Strong November means capital growth has increased by 5.4% since August
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News
Small firms report increase in late payments
Federation of Small Businesses says rising costs and slowing trade could be 'devastating' for small construction firms
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NewsMouchel confirms VT Group's takeover approach
In statement to the stock market engineer says it snubbed the 'unsolicited' offer