Finance News – Page 96
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NewsMace and Kier hit out at project bank accounts
Bosses warn main contractors will hike their prices if clients demand they use project bank accounts to pay their supply chain
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NewsInvestors ready to pump £600bn into European infrastructure
Report identifies ‘wall of money’ from Canada, the Far East and Middle East
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NewsTender prices to rise 30% over next five years
Latest BCIS tender price index predicts inflation
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NewsQueen’s stonemason falls into administration
Administrator IRL confirms firm that worked on Buckingham Palace is in administration
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NewsCarillion eyes more bids with Chinese contractor
Carillion boss reveals plans to develop relationship with one of China’s largest contractors
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NewsBumper results for housebuilders as market thrives
Barratt and Redrow post strong half-year results, with pre-tax profit, revenue and average selling price up
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NewsBalfour Beatty boss bearish after 'awful' year
Balfour Beatty’s UK construction boss says he expects ‘very gentle’ growth this year after ‘tough’ 2013
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NewsBrookfield team wins £165m Edinburgh hospital
Brookfield Multiplex-led consortium wins job to design, build and maintain new children’s hospital in Edinburgh
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NewsBalfour Beatty takes £60m hit to UK construction profit
Balfour Beatty has taken a £60m hit to its profit after the continued under performance of its UK construction business
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NewsCarillion confirms £43m hit from green cutbacks
Contractor blames Green Deal and Energy Company Obligation markets
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NewsMcCarthy & Stone plans jobs shake-up
Retirement homes developer starts “organisational review” after appointing new chief executive in January
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NewsISG improves on back of London office fit-out upturn
But firm’s construction business posts 17% fall in revenue, with profit down to just £100k
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NewsMorgan Sindall inks deal for £400m Southampton docks scheme
Morgan Sindall has agreed a deal to bring forward the £400m redevelopment of Royal Pier Waterfront in Southampton
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NewsEC Harris acquires 200-strong Asian project manager
Arcadis subsidiary buys firm working in Hong Kong, China, Macau, Singapore and India
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NewsLend Lease plans West London mixed-use scheme
Lend Lease plans has acquired the freehold of a 1.3 acre site on Chiswick High Road with plans to develop a residential and retail scheme on the site.
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NewsDeal struck for £150m Shepherd's Bush revamp
Joint developers Development Securities and Orion Land Leisure agree £44m funding deal for first phase of regeneration at Shepherd’s Bush Market
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NewsStaff leave Speedy after £5m accounting blackhole
Plant hire firm will incur a £2.7m hit on profit this year after issues in its international division
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NewsRussia and UAE exits pull Waterman into the red
Engineer takes £1.7m hit from winding down two divisions, but firm’s underlying performance improves
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NewsCapita’s property business doubles profit
Former Capita Symonds division enjoys strong first year as Capita Property and Infrastructure