Finance News – Page 226
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NewsAecom optimistic after 10% turnover rise, despite profit drop
UK consultant formerly known as Faber Maunsell attributes 4% profit fall to investment in new and merged offices
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Durkan makes £800k loss
Social housing contractor and residential developer Durkan Holdings made a loss of £776,167 in the year to 31 January 2009, as a result of a £5.8m writedown of its stock and development land
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NewsUrban Splash eyes deal for rental portfolio
Tom Bloxham has said Urban Splash could join forces with an institutional fund to secure investment in its residential rental portfolio
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NewsBellway raises £45m to buy land
Housebuilder takes advantage of strong recent share performance to raise cash in rights issue
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NewsTurnover up 12% at John Rowan as profit falls 14%
Consultant attributes profit drop to weak state of wider economy, but says social housing market will help company weather the storm
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NewsBellway reports trading ahead of expectations
Housebuilder's update shows 33% fall in sales over the year but debt is reduced beyond its target
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NewsFirst-quarter revenues stay level at Atkins
Consultant says figures are in line with expectations despite a slowdown on the water engineering side
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NewsTaylor Wimpey posts £682m first-half loss
Writedowns of £604m drive loss but housebuilder says market has improved 'significantly'
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NewsBig losses at Northern Rock as new lending falters
Bank says new mortgage lending was £1bn short of predicted levels
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NewsDavis Langdon to merge with architect DEGW
Consultant reassures industry that business will not aim to compete with other architects after deal with £17m-turnover firm
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NewsPhysicist Hawking lobbies for college funding
Scientist writes to Gordon Brown to protest at withdrawal of funding from college for severely disabled students
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NewsWhite Young Green shakes up board
Engineering consultant has deferred date for agreeing refinancing deal
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NewsInterserve picked for £200m HSBC job
Support services group is named preferred bidder for three-year facilities management contract
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NewsWSP cuts or relocates 200 jobs as Dubai workload plummets
Chief executive reveals work in the emirate has fallen from 70% to 20% of consultant's Middle East turnover in 18 months
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News'Five year wait' for tender prices to regain 2009 level
Four top cost consultants predict rapid fall and slow recovery in contract values
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NewsUrban Splash talks to banks about future covenant breach
Developer in negotiations with RBS and Co-op Bank as 2008 results reveal 20% turnover rise
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Leadbitter enjoys 9% profit rise and 22% boost in turnover
Leadbitter has boosted pre-tax profit by 9% from £9.2m to £10m in the year to 31 December 2008
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Citywatch: A question of honour
Chris Cole, chief executive of WSP, was careful not to be drawn on the thorny subject of bad debt in the Middle East, as he announced the engineer’s half-year results this week
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Skanska UK returns to black
Skanska UK has returned to the black a year after making a loss of £41.5m and parting ways with former chief executive David Fison
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Wolseley profit falls 60% – and there’s worse to come
Pre-tax profit at building materials giant Wolseley has plummeted 60% to £233m over the past year and it warned that its markets will “continue to deteriorate”