Finance News – Page 248
-
NewsHalf of housebuilders in financial danger
Survey of top 1000 UK housebuilders reveal 496 on danger list
-
NewsKeepmoat reports 25% profit rise
Healthy financials at social housing group believed to be drawing interest from private equity
-
NewsCyril Sweett promotes Chris Goscomb to finance director
Group treasurer steps up immediately as Mike Kemsley leaves after 15 years
-
NewsHousebuilder shares rise as government underwrites banks' leading
Treasury plan to ease bank lending by underwriting billions in asset-backed debts could kick-start mortgage market
-
NewsMapeley warns shareholders: £48m or bust
Property services client of Carillion and Interserve requests emergency bond issue to stave off insolvency
-
NewsBellway bosses lose bonus vote in shareholder revolt
Shareholders reject £630,000 pay deal at AGM in Newcastle this afternoon
-
NewsPrivate equity funds eye up WYG and Scott Wilson
Fall in consultants’ share prices, debt and management discontent put them on the menu
-
News
Galliford: firms are buying work
The chief executive of Galliford Try has said contractors are winning work at a loss as a result of increasingly crowded tender lists
-
News
Bovis Homes plans more redundancies
Bovis Homes has announced that it is planning to cut another 160 jobs.
-
NewsLloyds HBOS sets up toxic fund for housebuilding assets
Bank sets up dedicated fund to squeeze cash from property and housebuilding investments including Crest Nicholson and Gladedale
-
NewsBalfour Beatty becomes first contractor in FTSE 100 for 15 years
Contractor joins list of UK's top 100 companies a week after celebrating the firm's 100th anniversary
-
NewsBarratt cuts net debt by £230m
But trading update reveals completions down one-quarter in second half of 2008
-
NewsProfit and turnover to crash 70% across construction sector
Business survey reveals building will be the industry worst hit by the downturn this year
-
NewsTravis Perkins forecasts 25% drop in sales
Builders' merchant and owner of Wickes warns of one-quarter fall in sales volume by April
-
NewsRedrow warns full-year margins will be down
But housebuilder says cost cutting has brought down net debt to £270m at half-year point
-
NewsInterserve reveals record order book of £6.2bn
Building and support services firm says trading last year was in line with expectations
-
NewsBalfour Beatty reports strong 2008
Trading update says group's UK civil engineering and Middle East arms did particularly well last year
-
News
Apollo wins £22.5m social housing repair deal
Five-year contract covers all refurbishment and maintenance in William Sutton Homes' South and Central regions
-
NewsRok revises 2009 forecasts as workload falls
But repair and maintenance contractor says 2008 results should meet latest expectations
-
NewsTaylor Wimpey rules out debt-for-equity deal
Chief executive dismisses reports that lenders will take a slice of the company as he warns of further writedowns