Finance News – Page 33
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NewsRedundancy payments fiasco sees HS2 finance chief quit
Investigation found £1.76m of unauthorised redundancy payments had been made
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NewsCarillion woes prompt subbies to demand financial protection
Leaked letter from specialist contractors group to government highlights ‘huge risks’ its members face
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NewsJohn Sisk tops the tables with £135m Circle Square job
Firm pips Kier to the post with single Manchester contract, to rival’s 53 individual wins
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NewsWates tops the tables with £110m Lillie Square contract
Firm bags 19 contracts to head table dominated by housing, infrastructure and university sports facilities
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NewsSkanska's UK arm sees pre-tax profit slump
Firm also saw its operating margin fall slightly on the back of a “challenging” environment
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NewsCarillion to exit FTSE 250
Collapse in contractor’s share price follows its profit warning last month
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NewsWYG warns on first half profit
Projects and payment delays and lower volumes of new work since March blamed
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NewsMorgan Sindall tops contractor charts for July
Firm captures top spot from Kier with £186m-worth of work, spread over 41 contracts
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NewsAmec Foster Wheeler picked for nuclear deals
Framework contracts cover work at UK’s low level radioactive waste repository
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NewsChinese firm buys cladding contractor Permasteelisa for £426m
The deal crates the “biggest curtain wall player in the world”, according to the Italian firm
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NewsBalfour CEO: Contractors should back off risky PPP schemes
Leo Quinn confirms Balfour is no longer bidding in energy to waste market
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NewsRecovery continues at Balfour Beatty
Firm’s UK construction arm returns to profit after several years of losses
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NewsAmec-Wood Group merger may escape watchdog investigation
CMA had expressed concern about the deal reducing competition in UK’s offshore market
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NewsScottish engineer collapsed owing £7.2m
Land Engineering (Scotland) went into administration in May
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NewsBellway boss on leave of absence due to ill health
Housebuilder’s chairman John Watson to become executive chairman during Ayres’ leave
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NewsFit-out firm BW in management buy-out
Senior management team have become majority shareholders in the London-based business
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NewsWSP to buy Kiwi consultant for £148m
Canadian giant has made a cash offer for the shares of NZ stock exchange listed Opus International Consultants