All Finance articles – Page 215
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Davis Langdon profit falls 55% in Europe and Gulf
Profit at consultant Davis Langdon fell by half in the Europe and the Middle East region last year as the recession took hold, despite an increase in turnover
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O’Keefe turnover drops 26%
Turnover at civil engineering and groundworks specialist O’Keefe Construction (Greenwich) has dropped 26% from £32.3m to £23.8m as a result of the fall in the office market in the West End and City of London
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Simons Group boss predicts return to form in 2010
Paul Hodgkinson confident of recovery in retail sector as results show slim margin of 0.2%
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Balfour Beatty spends £10m on Strata Construction
Balfour Beatty has bought South Yorkshire-based Strata Construction for £10.3m
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Bank of England keeps interest rate at 0.5%
Housebuilders welcome continuing freeze but want lenders to relax borrowing criteria for mortgages
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Costain boasts order book of £2.6bn
Trading update says company increased order book for 2009 by 30% and secured £850m of work for 2010
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FSA probes HBOS loans to housebuilders
Financial Services Authority is due to report on multimillion-pound loans agreed by HBOS exec to the property and housebuilding sector
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Balfour Beatty wins £100m Greenwich schools jobs
Construction group also reveals £91m of contract wins on North Lanarkshire schools PPP
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Construction output grew 1.9% in third quarter
But upward revision of 3% is not enough to pull UK out of recession
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Carillion wins £157m health PPP in Toronto
Carillion Health Solutions JV will build and finance the city's Centre for Addiction and Mental Health
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CBI expects UK to exit recession this quarter
Organisation forecasts slow and fragile recovery with business investment improving in 2010
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Decline in construction product sales continues
Construction Products Association says manufacturers report a fall in sales although decline is at a slower rate
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Lancsville goes into administration
Contractor appoints administrator as data suggests it did not have sufficient funds to settle trade accounts
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Balfour Beatty hires former Tate & Lyle chief executive
Iain Ferguson will become non-executive director from 1 January
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Dubai bailout fails to cheer UK creditors
$10bn rescue by Abu Dhabi unlikely to lead to quicker debt repayments
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2009: The year of living nervously
Building’s review of the financial year looks at how housebuilders, contractors and consultants dealt with falling demand and rising debt
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Morgan Sindall remains bullish for 2010
Construction group says public sector and fit-out are still performing strongly, despite fall in order book
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Construction loses 67,000 jobs in last quarter
Figures from Office of National Statistics shows construction is the worst-hit sector in economy
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Scott Wilson denies takeover danger as profit dips 5.3%
Chief executive attempts to downplay firm's vulnerability after half-year results