Finance News – Page 242
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NewsRussian developer of Foster scheme seeks government bail out
Yelena Baturina, Russia's richest woman and the developer behind Project Orange, applies for government-backed loans
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NewsProtest over job losses at collapsed Wrekin
Former workers at failed builder protest as questions grow over giant ruby's role on balance sheet
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NewsPersimmon seals refinancing deal
Housebuilder sets up fresh banking covenants and new £322m facility
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NewsSIG considers £300m rights issue
Roofing and insulation contactor weighs options to address plummeting share price
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NewsOver 10,000 construction and property firms to fail in 2009
Sector will be the worst hit as economy continues to deteriorate, predicts new report
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NewsMiller Group plunges £170m into red
Write-downs lead to large loss for housebuilder, but construction division stays healthy
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NewsMorgan has no plans to purge Redrow’s board
Founder plans to keep all but one of housebuilder’s directors in place if he seizes power
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NewsBovis Homes to re-enter the land market this year
The chief executive of Bovis Homes said the housebuilder planned to re-enter the land market before the end of the year
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NewsWrekin had credit insurance pulled before it collapsed
Sources say a lack of cover helped push the Shropshire contractor under
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NewsRok profit plunges 76%
Profit at contractor falls by three-quarters after turbulent second half of 2008
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NewsFree funeral offered as contract payment
US funeral director invites bids for patio job in barter deal
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NewsEU approves 5% VAT on home improvements
Lifeline for builders as UK given option to reduce VAT on maintenance and repairs
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NewsMiddle East helps drive Interserve profit up 15%
Maintenance and building group also announces £200m of new contract wins in UK and Dubai
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NewsMP blames bank as builder goes bust
Bank's 'inflexibility' slated as cash flow problems push Wrekin Construction into administration despite strong order book
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NewsCostain profit up 17% but building division £5m in the red
Board recommends dividend increase as group revenue rises 12% and order book up 25%
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NewsISG’s profit rises 9%
Construction mangagement firm relies on regional work to raise turnover by 11% despite drop in London offices work
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NewsEnnstone sells UK and Polish arms as administrators take over
Attempt to achieve solvent restructuring abandoned but deal to sell subsidiaries will save 1,000 jobs
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NewsSidell Gibson acquires Birmingham architect
Large commercial practice buys long-standing Edgbaston firm Crouch Butler Savage
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NewsScott Wilson slashes worldwide workforce by 10%
Design firm predicts profits will be broadly in line with expectations as it reveals staff cuts to save £20m
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NewsRevenue soars 38% at Mears as repairs hold strong
Profits also up as maintenance firm benefits from resilience of 'non-discretionary' repairs sector