Finance News – Page 219
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News£20m pension black hole at Construction Confederation
Former senior officers, including James Wates and Malcolm McAlpine, could be pursued for cash
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RBS' property director departs
The Royal Bank of Scotland’s group director of property has left the company for undisclosed reasons, as the bank mulls a wide-ranging review of its property strategy
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NewsConstruction Bill amendment frees up PFI lending
Last-minute amendment as bill passed by Commons will reduce investment risk for PFI consortiums
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NewsEnviros: Failed bidders revealed
Failed bidders for Carillion's environmental consultancy arm include social housing firm Connaught
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Aecom’s five-year plan
Aecom plans to double the size of its UK and Ireland operation – the firm formerly known as Faber Maunsell – within five years, according to Bill Hanway, the company’s new UK chief executive
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Keller buys Singaporean firm
Keller Group, the gound engineering specialist, has bought Singaporean foundation contractor Resource Holdings for £30.6m
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Speedy sales down 30%
Speedy Hire has said its first-half turnover is likely to be 29% down on last year’s figure of £256m despite increased stability in recent months
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News£136m-turnover Lancsville in talks over refinancing deal
South-east contractor says county court judgments, totalling £300,000, are ‘being dealt with’
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NewsCitywatch: Pessimism postponed
Bellway boss John Watson is a glass-half-empty kind of guy and was in “muted recovery” mode at the housebuilder’s full-year results this week
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Kier bounces back from OFT verdict with £665m of work
Business barometer Fined contractor still manages to win three times more than second place BAM
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NewsFears raised over Dubai $50bn debt repayment
Ratings agency warns that short-term borrowing terms could stretch emirate's ability to repay
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NewsCarillion JV secures £1bn BT contract
Carillion-telent will provide support services for BT's Openreach network
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NewsSocial housing demand drives up Connaught profit
Highest social housing waiting list for 20 years helps boost profit 23%
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NewsBellway suffers £36m loss
Housebuilder turnover falls £450m but forward order book is up on 2008
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NewsSpeedy Hire warns turnover will be 29% down
City update shows despite more stable trading in recent months results for first-half will be down on last year
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NewsCarillion to sell Enviros for £27m
Contractor says deal with Sinclair Knight Merz to buy environmental consultant will enable it to cut net borrowing
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NewsGovernment probes banks over SME lending
Royal Bank of Scotland and Lloyds under investigation for setting artificially high loan prices
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NewsSurvey reveals extent of consultants' job carnage
Exclusive research for Building shows that seven top names shed more than 40% of staff in past year
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NewsExperian: 2010 will be even worse than feared
Economic forecaster Experian Business Strategies has again revised downwards its estimates for construction output for the next two years
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Waterman faces 'challenging' future as profit drops 63%
Turnover at engineering and environmental consultant Waterman fell 10% from £136.4m to £122.4m in the year ended 30 June 2009