All Finance articles – Page 177
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NewsCityWATCH: Mouchel and Costain
Mouchel and circling suitor Costain upped their PR efforts this week, each playing hard to get and trying to appear nonchalant in the pages of national newspapers
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NewsAukett turnover halves as Russia and Middle East slump
Architect expands into Brazil to increase workload after revenues dive in 2010
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Image Styles goes into administration
West Midlands maintenance firm Image Styles has gone into administration, with the loss of 70 jobs. The firm suffered from public sector cutbacks and the lack of work available from local authorities.
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NewsLate payments hit three-year high
New figures from Experian show reversal of trend in final quarter of 2010
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NewsMaterial costs rise outstrips tender prices
Survey shows material costs rose 1.5% more than tender prices in Q3 of 2010
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NewsOECD warns UK faces blacklisting over bribery
Body says world running out of patience as justice secretary delays implementation of Bribery Act
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NewsMitie share price dips after outsourcing warning
Firm anticipates ’delays’ in delivering secured and prospective work this financial year
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NewsTata raises steel prices by £95 per tonne
Indian giant is latest to increase building materials costs
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NewsBid-rigger GAJ goes under
Coventry-based contractor latest identified in OFT probe to go into administration
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NewsPochin warns project delays will hit profit
Loss-making contractor says construction arm will struggle to be profitable after delays in key contracts
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NewsMouchel’s debt refinancing will not attract new bids
Costain’s £170m bid is likely to remain the only offer and will not increase, say analysts
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News30,000 firms end 2010 in financial distress
Construction and property are worst hit sectors as government spending cuts take toll on finances
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NewsPressure grows for interest rate increase
Bank of England minutes released today showed two MPC members voted for an increase in interest rates this month
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NewsMore firms eye up Mouchel
Reports suggest Carillion, Balfour Beatty and Capita are sizing up bids
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NewsConstruction sector output slumps 3.3%
ONS figures released today show construction sector output fell by 3.3% in the last three months of 2010, while the overall economy shrunk by 0.5%.
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Mouchel close to selling Middle East business as it fights off Costain
Sale is part of refinancing that could lead to other firms bidding for consultant
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NewsNumber of construction firms in trouble up 20%
SME particularly badly hit as public sector spending contracts
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NewsSales grow 11% at social housing specialist Forrest
Private equity backed firm boosts sales and profits