Finance News – Page 305
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NewsHyder Consulting buys RPA
Quantity surveyor bought for £2.8m to increase Hyder's south west presence
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NewsMcAlpine hit by £23m hole in slate division
Fraud discovery closes one quarry and sheds 166 jobs as finance director steps down
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Pressure builds on Brown to come clean over spending
Construction industry calls for a clear programme of investment in autumn spending review
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NewsMetronet in crisis
Atkins and Balfour Beatty issue financial warnings as 30-year PPP deal turns sour
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March is boom month for industry
March is likely to go down as one of the best ever months for UK construction, according to early economic indicators.
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Erinaceous’ price rises on back of bid speculation
Property services consultant Erinaceous has received preliminary takeover approaches that may lead to an offer, it said this week.
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NewsAtkins suffers £36m Metronet hit
Ongoing problems at Tube maintenance company hit stakeholders Atkins and Balfour Beatty
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NewsProfit jumps 17% at Mouchel Parkman
Support services group increases interim profit to £13.6m following purchase of consultant Hornagold & Hills
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NewsConstruction industry drives Northern Ireland economy
Backlogs of work signal employment growth
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Building materials firm CRH buys Paver Systems
CRH exercises option to buy remaining stake in concrete paving manufacturer
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NewsKeller completes £8.5m acquisition of Systems Geotechnique
Restricted access piling firm has annual sales of £17m
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NewsErinaceous confirm takeover bid
Property consultant Erinaceous confirms takeover approaches following rumours of 3i interest
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NewsAspirational ISG buys Cathedral for £11.8m
Acqusition of Kent-based Cathedral Contracts will double the size of ISG's retail fit-out operation
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NewsWillmott Dixon snatches key Costain manager for North
Commercial star Anthony Dillon lured to join contractor’s new Manchester office
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NewsBalfour Beatty tops buyers’ table with £184m US deal
Group strengthens its US presence with biggest deal of the quarter by a listed company
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NewsTalks gather pace over sale of Amec’s construction arm
Morgan Sindall thought to be frontrunner; deal could include PPP and regeneration divisions
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Interest rates stick at 5.25% but may rise soon
Housebuilders have welcomed the Bank of England’s decision to hold interest rates at 5.25%, despite the likelihood of a further rise next month.
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Ibex’s turnover rises by 14%, but profit drops
John Doyle’s fit-out subsidiary Ibex Interiors has reported a 14% rise in turnover for 2006, up to £81m.