Finance News – Page 243
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NewsZaha reaps boom as pre-tax profits increase 400%
Turnover doubles and pre-tax profits hit £5m in year to 30 April 2008
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NewsBovis Homes posts £78m loss after 60% job cuts
Housebuilder writes down £93m and lays off almost 600 workers during 2008
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NewsWolseley plans £1bn rights issue as profits plunge
Banks make new overdraft deal on its £2.48bn debt-pile conditional on raising cash from investors
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NewsSteve Morgan lines up troops for Redrow coup
Board of housebuilder ‘considers proposal’ after former chairman launches bid for power
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Ramboll Whitbybird pins hopes on developing markets
Consulting engineer Ramboll Whitbybird is targeting developing markets to combat the recession
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NewsCarillion relieved after Dubai raises £7bn bailout bond
Successful raising of $10bn through bond issue has lifted the mood in Dubai, says McDonough
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London fit-out market halves – but positive signs emerge
Research finds only 3 million ft2 in pipeline, but banking consolidation is good news for survivors
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NewsInvestors petition Emaar to cancel schemes
Dubai developer is considering request to cancel Asmaran, Maysan and Warsan schemes
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NewsBalfour Beatty posts 24% rise in pre-tax profit
Contractor reports 28% increase in turnover and forecasts minimal impact this year from economic downturn
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NewsTaylor Wimpey debt deal delayed until April
Housebuilder says its lenders support a second deferral to complete the talks
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NewsHeywood Williams posts £2.3m loss
Downturn in housebuilding market pushes materials firm into the red in 2008
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NewsCarillion profit leaps 55% thanks to public and Middle East work
Turnover also up 32% in full-year results, while firm is named likely winner of £1.6bn PPP Bristol health scheme
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NewsGovernment announces £13bn PFI rescue package
Opposition criticise Treasury scheme to safeguard 110 stalled projects via direct lending
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NewsCRH plans £1.2bn rights issue to fund acquisitions
Building materials firm also announces 2008 results, with 14% drop in profit to €1,628m
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NewsRomania seeks rescue package
Nation reported to be hoping to follow Latvia and Hungary in securing aid deal from IMF
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NewsPersimmon posts £780m loss as revenue falls 42%
Housebuilder reports 9% drop in average house sale price and says it will pay no dividend for 2009
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NewsNo rights issue tomorrow for Persimmon
Housebuilder will not announce cash call at tomorrow’s results but option is still on the table
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NewsJob cuts loom at WSP despite strong results
Consultant's profit and turnover both up by one-third but slowdown will bring more redundancies
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NewsKeller turnover breaks £1bn barrier
Ground engineering specialist posts solid results, but outlook for 2009 is less cheerful
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NewsInflation hits record low in Europe
Annual inflation dips below recommended low as unemployment rates soar to 7.6%