Finance News – Page 301
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WSP reports strong markets
Consultant says that regional acqusitions will ensure further growth in the second half of the year
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Heywood Williams weathers US housing crash
Strong growth in European markets helps ensure 2007 performance is on target
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Balfour Beatty seals £311m hospital deal
Yorkshire PPP will see new Pinderfield gets an acute inpatients, Pontefract a diagnostic and treatment centre
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Waterman promotes Simon Harden to the board
Harden is currently managing director of the group's overseas operations
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John Laing appoints new finance director
Lynn Macgregor will step up from her current position as the PFI specialist's group financial controller
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Galliford Try reports sharp profit rise
Profits will be significantly above market expectations as contractor predicts record levels of housebuilding
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Bouygues hunts for regional contractor to lift UK growth
French group aims to acquire network of regional subsidiaries starting with £100-200m firm
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Atkins refuses to commit to more Metronet funding
Consultant’s reaction to £121m hit increases chances of tube consortium’s insolvency
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Taylor Woodrow to close Solihull head office
George Wimpey and Taylor Woodrow confirm that 700 jobs will go as a result of £5bn merger
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CPA predict sustained construction growth
The CPA says that growth will rise at same rate as economy but will be held back by cooling housing market
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Halcrow director defects to rival
Engineering consultancy firm HurleyPalmerFlatt has poached its new group finance director from rival Halcrow.
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HBOS and Bridgepoint lead race for Erinaceous buyout
Senior source says consultant is ‘almost certain’ to fall to private equity not trade buyer
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Private sector projects buoy up May’s commercial market
Commercial development index hits 61.0 with sharpest growth outside South-east, says Savills
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Laing O’Rourke expands housing arm
Laing O’Rourke’s housing arm, Explore Living, has launched a division in the Thames Valley as part of an expansion drive.
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Davis Langdon opens office ‘hubs’ to attract staff
Consultant Davis Langdon is to open a network of small “hub” offices across the UK that will operate alongside its main bases and enable staff to work closer to home.
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Grimshaw converts to LLP
Architect Nicholas Grimshaw & Partners has become a limited liability partnership.
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McCarthy & Stone diversifies to double output by 2012
McCarthy & Stone is to diversify its business as part of a plan to double output by 2012.
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Stewart McColl holds on to SMC’s slumping shares
Stewart McColl, the former SMC chief executive who resigned from the firm two weeks ago, will not sell his stake in the firm.
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Metronet starts process to recover £1bn
Metronet has asked the PPP arbiter to conduct an Extraordinary Review into its £1.2bn overspend on Tube renewals