Finance News – Page 230
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NewsPersimmon to start work on 50 new housing sites
Housebuilder says conditions in the UK housing market are starting to improve
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NewsConstruction output to fall 16% in 2009
Latest data indicates no improvement until 2012, with retail new building and offices badly hit
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NewsEx-BP boss wants banks forced to invest in green power
Lord Browne tells Times newspaper that lack of credit is blocking achievement of clean energy targets
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NewsRok in 'hall of shame' for changing payment terms
Private business group attacks contractor for changing payment periods from 30 to 60 days
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NewsVerry collapse hits 1,000 firms and costs Doyle £1.9m
Concrete specialist suffers the greatest loss as creditors list reveals extent of damage to industry
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NewsRaid on PFI cash casts doubt on £2bn rescue fund
Treasury accused of over-confidence as it diverts cash for struggling schemes to stimulate housing
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NewsHBOS-backed social housing firm EPS on block for £30m
Bidders circle £80m-turnover contractor as bank continues disposal of construction investments
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NewsKillby & Gayford prospers despite client nerves
Chris Chivers, chief executive of specialist heritage contractor Killby & Gayford, has said procurement officers are “increasingly twitchy” about giving work to medium-sized firms
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NewsGlass makers push up prices 50%
Specialist contractors are up in arms over the decision by UK glass makers to increase their prices by up to 50% within days of one another
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NewsCity Watch: Hail and farewell
The City has had a week to digest the news that Berkeley boss Tony Pidgley has moved upstairs to become chairman and judging by the share price most reacted in a pretty sanguine fashion
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Bowmer & Kirkland boss takes 23% pay cut – to £6.7m
The highest paid director at Bowmer & Kirkland, who was formerly the best-paid boss in construction, had his pay cut 23% from £8.6m to £6.7m last year
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Mountfield reveals £1.4m profit
Mountfield Group, the Essex data centre specialist, has posted a turnover of £17.4m in its first set of results since floating on the alternative investment market in November
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NewsWhite Young Green lenders defer covenant test
Lenders to consulting engineer White Young Green have agreed to defer a covenant test to the end of July
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NewsHow to get rid of a chief exec: part I
Why has Chip Hornsby left Wolseley? Here are some possible answers …
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NewsRPS buys Australian surveyor for £31m
Consultant acquires £38m-turnover planning and surveying firm Conics
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NewsCyril Sweett reports 26% rise in turnover
Consultant's profit flat but cash position still strong, and acquisitions are planned
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NewsBalfour Beatty merges M&E arms into £600m giant
Balfour Kilpatrick and Haden Young have been combined to become the UK's largest M&E firm
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NewsMorgan Sindall reports slump in fit-out work
Trading update also shows slight fall in construction order book, but group's financial position remains strong
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NewsQS Baqus acquires Nigel Rose
Undisclosed sum paid by AIM-listed firm for QS outfit with four UK offices
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NewsWYG's banks agree to defer covenant test
Engineering consultant gains more time to refinance £91m debt pile incurred through acquisition spree