All Finance articles – Page 238
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NewsCitywatch: It's a waiting game at Barratt
When Taylor Wimpey announced a £510m rights issue on 8 May, one City watcher said Barratt had about two weeks to follow suit. “If it leaves it much longer”, he reasoned, “it could well miss the boat.”
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News'Massively overstretched' banks stall WYG rescue bid
Consulting engineer forced to wait to cut rescue deal with three lenders, as it slashes 300 more jobs
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Balfour trading well
Balfour Beatty has said that trading has been in line with expectations in 2009.
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Waterman faces £4m bad debt hit – mostly from the UAE
Engineering group Waterman is trading at “the lower end” of expectations and may have to write off up to £4m of bad debts, it said in a trading update on Monday.
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NewsCrest turnover to fall by one-third in 2009
Stephen Stone, chief executive of Crest Nicholson, has said the recession will slash turnover by a third in 2009
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Mitie profit up 11%
Maintenance specialist Mitie has posted an 11% rise in full-year pre-tax profit to £78.4m
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NewsCash flow reduced by record 7.5%
Construction firms hard hit by rapidly rising payment delays, but falls in profitability slowing
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NewsBritish Land posts record loss of almost £4bn
Fall in property values blamed for unexpectedly large loss
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NewsTender prices continue freefall
SMEs worst hit as survey reveals 60% of firms report lower prices for new work than a year ago
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NewsDevelopers cough up only 20% of Crossrail levy
Mayor plans to boost payment of development charge to 30% as consultation launched
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NewsStyles & Wood warns of 40% fall in turnover
Spending cutbacks among fit-out contractor's retail clients likely to hit first-half sales
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NewsDeflation hits 60-year record level
Falling house prices partly blamed for unprecedented 1.2% fall in RPI during April
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NewsKeller chairman steps down
Dr Michael West will retire in July after 45 years with the groundworks firm
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NewsIs everyone being too positive?
After months of contraction, people are getting excited about slowing negative. But where's the evidence?
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NewsMitie profit up 11% as outsourcing booms
Client trend towards cutting costs through outsourcing benefits maintenance specialist
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NewsWaterman warns of potential £4m bad debt
Payment issues highlighted as engineering group reports trading at 'lower end' of expectations
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NewsWYG forecasts £12m profit after job cuts
Consultant announces five further probable office closures after 324 jobs cuts already this year
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NewsMJ Gleeson warns of further writedowns in 2009
Housebuilders says there is no sign of improvement in the market and does not expect revenue of second half of year to exceed first half
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Galliford Try holds steady
Galliford Try has said results in the year to 30 June 2009 will be in line with expectations despite describing the construction market as “more challenging”