Finance News – Page 300
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NewsGladedale offers £84m for Ben Bailey
Private housebuilder makes recommended share offer for Yorkshire firm
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NewsMetronet denied £551m emergency funding
Tube repair company may go bust as arbiter refuses emergency funding
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NewsTrillium snaps up Amec PPP arm for £163.5m
Deal with Land Securties Trillium includes sale of nine PFI projects that have reached financial close
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NewsCommercial growth stutters
Growth in commercial development in June slowed to its lowest rate for five months according to property consultant Savills.
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Bovis finance director lost job before joining
Bovis Lend Lease paid off its incoming finance director one week before he was due to start work in May.
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Government work propels Kier to the top in June
Contractor picks up 33 small jobs while Balfour wins £331m hospital
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Foreman Roberts is bought out
Building services consultancy Foreman Roberts has been bought out by its management team.
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Australian courts quiz Multiplex on Wembley and mall scheme
Wembley stadium contractor Multiplex faced two legal battles in Australia this week.
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Housing shares slump as interest rate rises take their toll
Share prices across the housing sector fell sharply this week as housebuilders sounded the first serious notes of caution over interest rate hikes.
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Labour supplier Hennelly’s goes into adminstration
Labour supplier Hennelly’s, which was providing workers for Balfour Beatty at the King’s Cross regeneration scheme, has gone into administration.
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NewsGrafton turnover up 12.5% to £1bn
Builders merchant reports double-digit profit growth in first six months
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NewsBovis Homes profit on target despite rate rises
Groups says that it has already secured bulk of planned land sales for year
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NewsJarvis wins £50m of rail contracts
Infrastructure support services group clinches rail contracts across the UK
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Taywood and Wimpey complete £5bn merger
Chief executive aims to raise margins as company shares are traded on stock market
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NewsInterest rates increase to 5.75%
The Bank of England's quarter point rise is the fifth since August last year
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NewsCostain building division makes ‘steady improvement’
Group says remedial actions are beginning to turn round fortunes of building arm
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NewsRedrow appoints new chairman as sales stay on track
Alan Bowkett will take over from interim chairman Jim Martin with immediate effect
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NewsCarillion reaps benefits of Mowlem integration
Group says growth in acquired firm's markets will contribute to increased earnings in 2007
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NewsAMEC completes sale of Midwest Pipelines
Support services group sells Canadian business to Panama-based Willbros for £11m