All articles by Angela Monaghan – Page 27
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NewsEngineers merge to take on the big boys
Engineering consultants NRM and Jan Bobrowski and Partners this week merged to improve their performance in a tough market
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NewsMittal plans to forge £11.4bn steel giant
Lakshmi Mittal, the steel magnate, said this week he planned to create an £11.42bn company that would be the biggest in the sector and a rival to Corus and the Luxembourg firm Arcelor
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Westbury’s profit leaps 20% despite gloomy market
… but housebuilder warns that forward orders are down 21%, and Hometrack survey reports house price falls
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Galliford Try directors resign to set up niche business
Affordable housing bosses John Owen and David Faint expected to launch construction consultancy
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NewsSharewatch: Downbeat trading
The trickle of downbeat trading statements from quoted housebuilders continued to flow last week.
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NewsJarvis’ PFI schools sell-off to Vinci hangs in balance
Clients refuse to endorse change of contractor at this stage without first getting proof that Vinci can deliver
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NewsBellway’s record profit bucks market slowdown
Housebuilder makes £200m and is set to achieve forward sales target, despite market gloom
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HOK to conduct science experiment
International architect HOK is seeking to expand its work in London by branching out into science and technology design.
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NewsCountryside results deepen housing gloom
Housebuilder Countryside Properties issued its third negative trading statement in five months last week.
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Sharewatch: Jarvis’ showdown
There were some early fireworks last week as the board of Jarvis faced an angry crowd of shareholders at its annual general meeting.
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NewsMultiplex set to buy Chelsfiel
Quoted Australian company Multiplex is poised to become a key developer in Britain after agreeing this week to a £2.1bn takeover of property firm Chelsfield.
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Gleeson switches focus as construction profit shrinks
Contractor intends to concentrate on regeneration after building arm reports 67% fall in operating profit
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NewsLeading cement supplier warns of 15% price hike
Castle Cement blames rising energy prices and European legislation – and predicts knock-on effect
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NewsBalfour lands six US contracts worth £268m
Contractor Balfour Beatty has won six US civil engineering contracts worth about £268m
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NewsSharewatch: Takeover chatter
The share price of AMEC shot up almost 16% to 342p last week. The boost, of course, came from renewed takeover speculation, the ripples of which surfaced last Friday
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NewsProperty magnate raises stake in Crest Nicholson
Takeover speculation intensifies after Gerald Ronson increases Heron International’s stake to 19.6%
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Mexican cement firm set to buy RMC for £2.3bn
Board of UK concrete maker accepts record offer from Cemex, the world’s third largest cement producer
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NewsSharewatch: Countryside blues
Just when we thought we’d had all the bad news from Countryside Properties, last Thursday the company issued its second profit warning in five months
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House prices fall for third month in a row
House prices have fallen for the third month running after the market failed to make its usual early autumn recovery