More news – Page 3144
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NewsSharewatch — Barratt rallies after panic attack over banking claims
Rumours that Barratt would breach its banking covenants did nothing to ease fraying nerves in the City this week.
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Currie & Brown bounce back
Currie & Brown has posted a pre-tax profit of £2.3m for the year ended 30 September 2007, after an 11% jump in turnover to £63.3m.
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Gleeds to establish offices across India
Gleeds has announced plans to set up offices in India this year.
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High profit at Low
Low & Bonar, the contract flooring maker, reported a 39% jump in turnover to £312m and a 52% rise in pre-tax profit to £22.4m for the year to 30 November.
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Jarvis upbeat
Jarvis has said it is on track to report its best results since 2003 despite high-profile delays to a Network Rail job over Christmas in Rugby, Warwickshire.
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Speedy Hire turnover
Equipment hire firm Speedy Hire has posted a 43% rise in third-quarter turnover.
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Briggs profit soars
Pre-tax profit at Briggs & Forrester, the M&E contractor, jumped from £1.6m to £4.1m in the year to 31 October.
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Atkins confident
Atkins has said performance in the year to date is in line with expectations despite a poor start to 2008 at its management consultancy business.
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Revised supermarket ‘impact test’ set to be announced
Rules to replace the town centre “needs test” on applications for out-of-town supermarkets are set to be announced this month.
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Berkeley wins award
The housing company Berkeley Homes has won the 2008 Sustainable Cities award presented by the City of London for its work to reduce emissions.
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Council house work
Birmingham council is set to sign off a £129m programme of investment in refurbishing council homes over the next year.
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CommentHow safe are the specialists?
Another well known family name looks like becoming history this week. In an echo of the famous sale of Laing to O’Rourke in 2002, Hills Electrical was taken over by one of its rivals for the nominal sum of a pound.
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The facts of life
I read with interest the copious articles (8 February, page 62-65) regarding the Office of Government Commerce’s Guide to Best Fair Payment Practice and the follow-on subject of project bank accounts.
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When theres nobody to chase
Tony Bingham’s boss, a main contractor, was very good at chasing retentions from employers and getting paid (25 January, page 60); the problem comes when the employer goes bust.
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Comment
An honest answer
Reading Amanda Levete’s arguments in support of nuclear power (8 February, pages 30 -31) reminded me of a conference I attended four years ago.
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Comment
What London needs
Further to your article on the establishment of a London board of the Home and Communities Agency (7 February, Building.co.uk), the availability of affordable housing in the capital is one of the city’s most pressing issues.
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Erinaceous at centre of second fraud probe
Troubled property consultant Erinaceous has become embroiled in a second fraud investigation.