Finance news
Shepherd Construction chief executive walks out
Richard Vining third boss of £250m turnover business to depart since 2008
Higgins waives £340k bonus
AGM postponed as Network Rail chief executive pledges money to level crossing safety fund
New finance model to attract £250m into affordable homes
Private company will raise money from investors for affordable homes
Council pension fund invests £25m in housing
Manchester council hopes to put in place a pipeline of institutional investment
McLaren on course for 75% increase in turnover
Contractor reveals secured projects of over £380m and attributes growth to new business strategy
Business barometer
Willmott Dixon tops September barometer after big Tesco win
A £85.6m contract with Tesco in Woolwich saw Willmott Dixon leapfrog rivals to top September’s contractor league table
Balfour Beatty returns to top
Value of projects leapt 62% in August, with public and housing work boosting Balfour’s position
Willmott Dixon storms ahead
Two education contracts helped firm beat July’s 15% decline in new work for top firms
Brickonomics
Why is confidence rising in the construction industry when it appears set for recession?
There seems to be a surprisingly level of optimism at the moment – it could be well founded, but the chances appear slim
