All Finance articles – Page 241
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NewsKier, ISG and Rok vie to snap up William Verry contracts
Banks poised to call in administrators as rival contractors manoeuvre to take over stalled jobs
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Citywatch: Because you’re worth it
Now the December year-end contractors have revealed what their bosses took home last year, we can take a snapshot of who earned what in 2008 and how good they were for their money
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Persimmon remains cautious despite positive start to year
Persimmon has said house prices and profit margins remain under pressure despite a promising start to 2009
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NewsMcCarthy & Stone boss predicts sale or flotation
The chief executive of retirement housebuilder McCarthy & Stone, has said the company will be floated or bought by private equity in the next few years
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Aukett issues profit warning
Architect Aukett Fitzroy Robinson has issued a profit warning after being hit by retrospective fee cuts in the Middle East
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NewsPanceltica faces takeover after Qatar housing debacle
Steel contractor may be taken over by developer and sole client after making £40m loss last year
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Number of firms in ‘critical financial distress’ leaps by 126%
The number of construction companies in critical financial distress increased 126% over the past year, according to corporate recovery specialist Begbies Traynor
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NewsRefinancing boosts Taylor Wimpey shares 9%
Report of £1.84bn loss for 2008 fails to dampen optimistic mood at housebuilder
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NewsGrafton Group turnover falls 32%
Materials supplier reports £420m fall in quarterly revenue amid fallling housebuilding and repair activity
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NewsKier and ISG weigh up bids for Verry
Half a dozen companies understood to be considering making an offer for £100m-turnover firm
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NewsNine construction firms going bust every day
Insolvencies expected to rise as data reveals number firms going under is 15% up from last year
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NewsBuilding firms in financial trouble up 126%
Corporate stress monitor shows North East hit hardest, with 149% annual rise in critical financial problems
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NewsCandy Brothers shoot up the Rich List
Developers leap 500 places after nearly tripling their fortune, while steel magnate Mittal retains top spot despite losing billions
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NewsMcCarthy & Stone completes refinancing
Retirement home builder on firmer footing after High Court approves debt-for-equity swap
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NewsBudget fails to lift gloom over growth of national debt
Industry welcomes measures to soften impact of downturn but fears dramatic cuts in the futureBy the Building newsdesk
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NewsProfit up 39% at social housing group Connaught
Social housing group Connaught boosted pre-tax profit by 39% from £9.7m to £13.5m in the year ended 28 February 2009
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NewsCarillion boss bags £608,000 bonus
John McDonough takes home total of £1.42m, dwarfing the £1m earned by Balfour chief Ian Tyler
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NewsWolseley shareholders buy 98% of £1bn rights issue
Building materials group will use cash to reduce net debt of £2.5bn
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NewsFreddie Mac finance chief found dead
Suicide the apparent cause of death as US lending giant remains under investigation for accounting methods
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NewsPersimmon sales volumes exceed expectations
But pricing and margins remain under pressure at housebuilder