Finance News – Page 266
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NewsOFT: no proof cover pricing inflated tenders by 10%
Competition body’s admission will make it harder for councils to claim damages from contractors
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NewsTaylor Wimpey puts Taywood Construction on the market
Housebuilder hangs for-sale sign on contracting arm – despite speculation that it will raise no money
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SMC bullish despite downturn
Troubled architect SMC has said the deteriorating market conditions have not affected its workload.
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Skanska UK follows £41.5m loss with swift change of boss
A new chief executive has replaced David Fison at Skanska UK days after the company reported an operating loss of £41.5m.
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Royal Bam Group to rebrand HBG and Edmund Nuttall
Dutch-owned contractor HBG will rebrand to become Bam Construct UK later this year.
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NewsJarvis optimistic about financial results
Rail specialist reports increased levels of visibility in rail sector
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NewsEconomic crime hits 40% of firms working overseas
PricewaterhouseCoopers report reveals eastern Europe is a hotspot for corruption in construction
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NewsMitie eyes takeover targets
Facilities management group says it is open to acquisition opportunities due to strong cash flow
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NewsUK pay at Laing O'Rourke rises 8%
Staff see average salary rise to over £41k according the company's human capital report for 2008
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NewsHBG to rebrand as Bam Construct UK
Contractor will take new name in October as part of drive to raise profile of Dutch parent Royal Bam Group in UK
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Baqus prepares to buy QS Brian Hannaby
Recently listed AIM-listed consultant signs share option agreement with QS
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NewsTravis Perkins predicts weaker trading as profit falls
Building merchant's half-year profit falls 3.2% despite increasing market share in merchanting and retail
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Boris Johnson merges Design for London
London mayor absorbs DFL into London Development Agency in bid to streamline operations
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NewsTender prices fall 2.4%
RICS survey shows price of construction work has dropped despite rising costs to the industry
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NewsGovernment should guarantee mortgage market, says FSA
Report says government should guarantee billions of pounds of mortgage market bonds to revive market
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NewsBSF delays are bad for economy, says CBI
Business group claims failures on £45bn school building programme are adding to economic problems
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WSP profits soar 43% as order book bulges
Consultant posts £23m pre-tax profit for first half of 2008, with turnover up 40%
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Architect SMC reports buoyant workload
Growth in public-sector and overseas contracts keeps firm busy as restructuring continues
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Credit crunch forces Saint-Gobain to make 6,000 redundant
French materials giant to make swingeing job cuts in its UK, US and Spanish divisions