All Finance articles – Page 193
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NewsTaylor Wimpey to widen refinancing talks
Housebuilders says it will to talk to more lenders about securing a refinancing deal as it reveals £19.6m half-year profit
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NewsMace profits soar by 30%
The contractor building the Shard increases pre-tax profit by 30% to £19.3m
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NewsAtkins buys US consultant for £178m
PBSJ has a turnover of £518m and employs around 3,500 people in the States
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FeaturesIan Tyler: Life moves on
It’s not that Balfour Beatty is taking the recession in its stride exactly, but when the contractor ranked No 1 in the Building Top 150 greets deep government cuts with equanimity, you know it must be doing something right. Emily Wright asks chief executive Ian Tyler what it is
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Labour’s Treasury unit ‘revived PFI – but at high cost’
The Labour government committed an extra £1bn to PFI schemes last year as it attempted to kickstart the private financing of infrastructure projects, auditors have found
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RICS: Commercial demand falls
Demand for commercial property in the UK has dropped for the first time in 12 months, according to the RICS
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NewsBidders prepare to pounce on stricken Connaught
Social housing contractor in crisis talks with banks as suppliers report tenfold rise in late payments
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Crest Nicholson owners to refinance after rejecting Horizon
Crest Nicholson’s banks have begun work on a refinancing deal after effectively ditching plans to sell the housebuilder to Horizon, the listed bid vehicle of the former Pizza Express owner Hugh Osmond
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NewsIndian tycoon swoops to save McCabe with £300m
Irish contractor behind £110m London skyscraper will give investment company a 50% stake
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NewsTravis Perkins profit up 24%
Turnover rises 5% to £1.5bn as builders merchant looks to complete BSS purchase
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NewsFSA to investigate Connaught
Financial Services Authority to investigate troubled social housing company according to reports
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NewsPFI emergency plan will cost extra £1bn
Treasury Infrastructure Finance unit helped kickstart PFI in 2009 but it will cost public sector up to another £1bn over next 30 years
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NewsDemand falls for commercial property
RICS report shows lettings for business property slipped in second quarter of this year
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WSP's profit drops 3.2%
Consultant blames ’challenging trading conditions’ as profit drops to £18.3m
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NewsIndustry sees output rocket to 6.6%
Construction output grew 6.6% in the second quarter of 2010, helping boost GDP growth to higher than expected levels.
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NewsODA bosses claim £56,000 in expenses
Construction director claims most while chief exec spent just £99 entertaining
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Breaking the shackles: Unlocking finance for housebuilders
Crest Nicholson’s proposed refinancing deal could be the first of a wave of debt restructuring at the large privately held housebuilders over the next few months
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Banks to shelve Crest sale in favour of refinancing
Debt restructuring deal preferred after Horizon’s £335m bid for housebuilder deemed too low
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NewsFison eyes sub-£20m jobs as turnover falls 7%
“They’re not the world’s finest results,” says David Fison, Osborne’s chief executive, before adding that they were “a step in the right direction”.The principal disappointment was the £22m fall in turnover: the contractor did £311m of business in the year to March 2010, compared with £333m in the previous 12 ...