Finance News – Page 312
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Aukett to step up expansion
Architect Aukett Fitzroy Robinson said this week that it was to step up its merger and acquisition programme as it revealed a solid set of annual results.
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14% drop in profit for Wolseley
Materials group Wolseley has suffered a drop in profit after being hit by the slowdown in the US housing market and a series of one-off costs.
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Construction growth set to outstrip UK economy
Growth in the construction industry is set to outstrip that of the wider UK economy in the next three years, according to the Construction Products Association’s annual forecast.
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WYG buys Irish consultant
White Young Green (WYG) has acquired Irish consultancy Malachi Cullen & Partners (MCP) for *1.6m (£1.1m).
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NewsMultiplex stalked by mystery bidder
Wembley contractor reveals to Australian stock exchange that a myster buyer has approached the company
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NewsIndustry forecast to outstrip economy growth
Growth will outpace the wider economy over the next three years according to the Construction Products Association
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NewsWYG buys Irish consultant for £1.05m
Acquisition of Malachi Cullen and Partners will allow White Young Green to move into the Irish Midlands
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NewsUS housing slump hits Wolseley profit
Materials group suffers from slowdown in US housing market as pre-tax profit falls 14%
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NewsFoster set to sell practice for £500m
The architect is talking to bankers about the potential sale of Foster and Partners according to reports
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Kier eyes Amec’s £1bn property division
Acquisition would double Kier’s £700m portfolio, but company says it will not touch construction
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NewsNorman Haste joins Laing O'Rourke's Dubai team
High-profile engineer Norman Haste resigns from two key UK posts to pursue opportunities in the Middle East
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NewsDubai's $7bn finance hub to rival Wall Street
Business Bay scheme set to take city into next stage of rapid development to compete with New York, London and Paris as a global financial centre, and attract permanent businesses and residents
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NewsRay O’Rourke plans for expansion
Laing O’Rourke’s boss hits back at recent reports of 56% dip in profits by revealing extent of investment in the company’s expansion programme
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NewsGleeds prefers limited status to LLP
Gleeds is to buck the recent trend among leading quantity surveyors by becoming a limited company rather than a limited liability partnership within the next five years.
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NewsBovis and Westbury latest to suffer in housing downturn
Pre-tax profit at Bovis Homes falls 32% and Westbury’s sales decline 7% in the first six months of the year
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NewsHBF: High densities may put couples off having children
In its latest attack on PPG3, housebuilders’ body says apartment life risks discouraging couples from reproducing