Finance News – Page 290
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Morgan Sindall anticipates healthy business for 2008
Construction group reports strong growth in affordable housing division
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Atkins recovers from Metronet losses
Engineer bounces back from June's full-year loss to record interim profit of £42.7m
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PFI delays cost taxpayer £67m
Public Accounts Committee calls for drastic improvement in government PFI expertise
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Industrial and domestic demand drives BSS profit 23%
Group confident about future performance as strong growth pushes first half turnover to £624m
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Balfour arm picked to build £90m Singapore college
Gammon Capital is preferred bidder on £90m project, the firm's first PPP outside the UK
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Kier chairman Peter Warry to retire
Peter Warry will be succeeded by director Phil White at the end of the year
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Keith Miller: Family row has ‘damaged the business’
Chief executive hits back at cousin James’ plan to sell 60% stake to outside investors
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More gloom as CPA cuts 2008 forecast
The Construction Products Association has warned that the anticipated slowdown in construction next year will be greater than expected, as the impact of the credit crunch worsens.
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Beijing and Europe chip in for buoyant Arup
Arup has reported a 50% leap in profit in its latest set of accounts, thanks partly to rapid expansion in European markets.
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RICS plans Asian cost service
The RICS is to begin a cost information service for the Asian market in response to the growing number of UK companies expanding in the far East.
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Workload of small builders rises 20% during summer
The workload of small construction firms rose 20% from July to September despite recent housing slowdowns, according to a survey from the Federation of Master Builders (FMB).
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Construction insurer to roll out improved benefits
Construction pensions and insurance provider B&CE is to overhaul its insurance offering and launch a health package for workers.
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Travis Perkins buy
Builders merchant Travis Perkins is to acquire Tile Giant and its subsidiaries for £12m, with a further payment dependent on performance.
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Bullish WYG reports strong start to the financial year
White Young Green has given the City an upbeat assessment of the financial year.
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Erinaceous board offers handsome reward for ugly failure
A leaving present of £736,000 ensures Erinaceous' two bosses a secure future, something not guaranteed for the 4000 employees
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Erinaceous founders resign with £736,000 pay-off
Shareholder Fursa withdraws request for extraordinary meeting after Bellis and Cummings quit
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Kirkman and Jourdain acquired by management team
Corporate finance specialist Watersheds project manages purchase of building maintenance contractor for £3m
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Four arrested for £16m VAT fraud
Four people in construction industry arrested by HM Revenue & Customs after year-long investigation into VAT fraud
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Tribal Group reports £3.8m pre-tax loss
Consultant announces a first half pre-tax loss but predicts strong performance to December
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Pochin reports slow start to financial year
Construction group has been hit by delayed projects and falling demand for houses