Finance News – Page 221
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NewsMortgage lending hits £1bn seven-month high
Industry hopes rise as secured loans double since November last year
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NewsBAA spent £90m buying up Stansted property
Airport operator says it has bought around 270 properties affected by a proposed second runway
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NewsMitie predicts single-digit growth despite housing delays
Mitie says first half results will up on 2008 despite challenging conditions in housing and fit-out markets
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NewsActivity fall may signpost 'double dipper' recession
Survey by business analyst Experian charts decline in all sectors of construction
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NewsWolseley posts £766m pre-tax loss
Materials firm says restructuring has resulted in over 3000 job losses in UK and Ireland
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NewsBalfour and Parsons in talks for 'at least three years'
The two chief executives reveal how the £380m deal was done, and what it means for both firms
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NewsCitywatch: Case closed?
The biggest City casualty in the Office of Fair Trading fine fallout was Kier, whose shares slipped 2.5%, a fall some in the Square Mile attributed partly to Kier’s refusal to rule out an appeal – it seems analysts would rather now draw a line under the whole thing
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NewsMJ Gleeson makes loss of £54m – on turnover of £55m
Urban housing specialist hit by £45m land writedown, as turnover plummets 42%
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NewsMortgage approvals rise 81% over the year
British Bankers' Association says annual rise for August due to low levels of lending last year
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NewsCityscape back on agenda for Nakheel and Emaar
Dubai developers abandon decision to pull out of Dubai property exhibition
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NewsBarratt and Redrow announce big rights issues
Barratt to strengthen decimated balance sheets with rights issues of £720m
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NewsPochin posts £9.4m loss
A rise in profit in contractor-developer's construction division not enough to offset losses in property and residential parts of the business
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NewsMortgages fall 13% in August
Figures from Council of Mortgage Lenders show a decline on lending in July but underlying lending has 'stabilised'
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NewsBalfour Beatty shares fall 3%
Shares had risen 8% in wake of contractor’s purchase of infrastructure group Parsons BrinckerhoffShares in Balfour Beatty fell back more than 3% in early trading as the City digested the contractors £380m deal to acquire US infrastructure group Parsons Brinckerhoff. The deal, Balfour’s biggest purchase, had pushed Balfour shares up ...
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NewsMinisters plan spending cuts
Chancellor holds series of cabinet meetings to identify which programmes to target
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NewsMorgan installs new managing director in Redrow shake-up
Steve Morgan’s latest shake-up at Redrow Homes will install John Tutte, the chairman for the east of England, as group managing director