Finance News – Page 254
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NewsPublic work keeps Morgan Sindall on top form
Record results forecast for 2008, thanks to focus on education and infrastructure
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NewsLand Secs halts demerger after £1.73bn loss
Developer hit by property devaluation but says fundamentals remain strong
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NewsNew panel will monitor lending to small firms
Mandelson announces initiative to track high-street banks' provision of business finance
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News2012 budget updates tightened
Jowell to give financial updates on Games on quarterly instead of six-monthly basis
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NewsCandys sells stake in Chelsea Barracks
Co-funder Qatari Diar buys partner CPC Group out of £1bn London scheme
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NewsKier slashes house prices by up to 15%
Housebuilder reports financials in line with expectations despite 60% fall in order book
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NewsGalliford Try issues profit warning
Shares fall 12% after announcement of new £50m writedown and deteriorating prospects for housebuilding arm
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Housebuilding collapse deeper than nineties
Housebuilders’ operating margins have collapsed more dramatically than during the recession of the early nineties, the latest data from financial services firm BDO Stoy Hayward has revealed, writes Tom Bill.
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NewsDavis Langdon puts faith in restructure to ride out storm
Consultant to increase programme management and strengthen public division
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NewsRedrow defends £216,000 payout for four bosses
Housebuilder says ‘strict performance criteria’ were met, despite £194m loss and 550 redundancies
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Balfour bolstered by strong infrastructure performance
Balfour Beatty said a strong performance at its infrastructure arm contributed to robust overall trading in the last four months.
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NewsBovis Homes warns of 40% fall in output
Housebuilder hit by plunging demand but says profit still on track to meet expectations
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NewsHefty interest rate cut expected today
Bank of England under pressure to cut rates by as much as one percentage point
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Alfred McAlpine slate boss charged with fraud
Christopher Law, former managing director of Alfred McAlpine’s slate business, is charged with three offences
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NewsNo refinance deal yet for Taylor Wimpey
Talks over debt refinancing are progressing, says senior source, but deal won't be announced in next week's trading update
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NewsRedrow admits outlook for next year 'very weak'
Housebuilder's trading statement warns of poor expected performance for 2009
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NewsRok slashes workforce by 15% following profit warning
Shares plunge 50% as Rok confirms white-collar jobs will be hardest hit
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NewsConstruction shares fall 4%
Market mood worsened by production figures from US and weak construction output data in UK