Finance News – Page 294
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Connaught buys water firm as profit leaps 37%
Property management group acquires Watertech for £9.1m as yearly revenues jump a third to £396m
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Travis Perkins warns of slowing market
Turnover at builders' merchant goes up 11.3% but lead indicators point to a slowdown
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Aukett Fitzroy Robinson and SMC scrap merger talks
SMC is in talks with a private equity backed third party over a potential offer
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How Erinaceous was stopped in its tracks
As many of its constituent QSs and architects prepare to buy their way out of the stricken property services group, David Parsley considers the future of the company that grew from nowhere to the verge of the FTSE 250, only for its addiction to acquisition to bring it to the ...
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Willmott Dixon aims for £750m turnover by 2012
Ambitious contractor aims to increase turnover 50% to £750m over the next three to five years
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Trust Property Management acquires surveyor for £1.5m
Trust Property Management Group, an alternative investment market-quoted property and chartered surveying services group, is to buy chartered surveyor Dexter Brown in a deal valued at £1.5m.
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Government allocates £22bn for school upgrades
Funds will be given to local authorities to raise standards of classroom over the next three years
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Insurers threaten to withdraw cover for flood damage
Association of British Insurers says £800m for flood defences promised by chancellor is not enough
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Chancellor boosts housing spending and reforms taxes
Pre-Budget Report: 3 million homes by 2020; flat rate Capital Gains Tax; inheritance tax threshold rise; UK growth forecast cut
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Chancellor to signal inheritance tax reform
Alistair Darling prepares to unveil his first Pre-Budget Report and Comprehensive Spending Review to the House of Commons today
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Contractors’ profits under threat from price slowdown
Report warns of lower construction margins in London as tender price inflation falls in 2008
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Construction product sales rise during the third quarter
Activity Barometer finds overall sales set to rise further during fourth quarter
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Ainscough Crane in £255m management buyout
UK’s biggest crane provider sold to operational management
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Keller Group buys US piling contractor for £24.5m
Engineer acquires specialist in United States
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Erinaceous management shaken by six month pre-tax losses
CEO, finance director's resignations are announced after delayed publication of interim results
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Debt-ridden Erinaceous in urgent talks to raise credit
Property consultant postpones interim results amid rumours of management shake-up
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White Young Green boss prepares to go nuclear
In his first major interview as WYG boss, Lawrie Haynes outlines plans to expand energy division
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Wolseley posts first drop in profit for a decade
Wolseley became the latest victim of the US housing recession this week as it posted its first profit fall in 10 years.