Finance News – Page 291
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Erinaceous founders quit
Neil Bellis and Lucy Cummings have resigned from consultant after poor financial performance
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Arup profit hits £30.8m
UK markets makes up over half of £527.4m turnover for year ending March 2007
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Miller family puts business up for sale
Group does not include Miller chief executive Keith Miller fueling speculation of a family feud
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T Clarke trading recovers in second half
The contractor says it has made 'encouraging' progress in both London and the regions
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ISG snaps up Pearce and plans Asian shopping spree
Contractor boosts turnover to £1bn as it buys Bristol outfit Pearce for £22m
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Willmott Dixon poaches Balfour man
Willmott Dixon has poached Martin Adie, a Balfour Beatty project director, to head its operations in the south Midlands.
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BDP profit slumps as staff costs soar £5m
UK’s biggest architect operates at £20,000 loss despite turnover rise and buoyant market
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Skanska flies the Heron to number one spot in October
Business barometer — Swedish contractor hits the top with £242m contract to build London tower
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MDA plans Libyan office
MDA is to open an office in Libya next year as part of an international expansion drive.
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MDA plans Libyan office
Country emerges as a viable destination for Western companies after a thaw in political relations, says managing director
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Sharewatch — Amec’s bull run starts to run down
Amec’s bullish run, during which its share price climbed from 400p in January to a year high of 849.5p earlier this month, has lost some of its steam in recent days.
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Galliford Try buys Kendall Cross for £9.3m
Contractor acquires North Eastern affordable housing contractor with turnover of £23.3m
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Balfour Beatty expects profits to hit £195m
Shares jump 13% after contractor reveals higher expectations for this year's pre-tax profit
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ISG snaps up Pearce Group
Analysis: ISG strengthens its retail presence in deal worth up to £20m
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McAlpine boss ‘to leave as soon as takeover finalised’
Ian Grice will stand down if £600m takeover deal is struck with Carillion
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Purge of Erinaceous board could include chairman
Nigel Turnbull set to follow founders Neil Bellis and Lucy Cummings out of the door
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Survey finds negative impact of environmental property tax reform
Davis Langdon survey reveals 70% of respondents dissatisfied with the withdrawal of Industrial Building Allowance
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Big drop in construction orders puts housing plans at risk
Statistics published last week showing an 8% fall in total construction orders and a 12% decline in the housing sector cast doubt on whether Brown will hit his ambitious 2020 targets
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Takeovers on the cards
A significant housing slowdown could prompt the merger or takeover of many small and medium-sized housebuilders, according to City analysts.
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Baqus set to follow Sweett’s lead and float on the AIM
Quantity surveyor Baqus plans to press ahead with plans to float on the alternative investment market within weeks, following the welcome the City gave to Cyril Sweett when it listed last week.