All articles by Dave Lowery – Page 6
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NewsDecember mortgage approvals fall to new low
Mortgage approvals fell to the lowest level for almost two years in December, according to figures from the Bank of England
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CityWATCH: it all rests on the results
Sometimes it’s better to travel than arrive and this could be the case come results season for the listed construction firms. Over the past couple of months, relatively upbeat trading updates have been met with relief, rather than euphoria.There were no big surprises in the trading statements we have seen, ...
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NewsActivity revives in January
Improved weather conditions and new business gains contribute to all parts of construction sector recording increase in activity in January
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NewsBam Nuttall bags £500m civils
Crossrail contributes to positive start to the year as work goes 48% up on previous month to £2.6bn
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Bellway reports positive 2011 despite more house price falls
Bellway said this week that trading in the first few weeks of 2011 has been “encouraging” after revealing it has sold 2,322 houses in the first six months of its financial year, which ended 31 January. This is a 3.8% increase on the 2,247 it sold in the same period ...
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CommentFebruary 2011: Analysis
Right now, the economy appears on a knife edge, with the Bank of England seemingly stuck between a rock and a hard place
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NewsCompany failures jump 20% in fourth quarter of 2010
Small firms hit hardest as severe weather pushes them over the edge, but numbers are below the peak
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Bids invited for £1.5bn Defence Estates contract
The Ministry of Defence has invited bids for a UK-wide Defence Estates housing contract worth up to £1.5 billion
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NewsPlanning secured for 51,500ft2 office in Shoreditch
Buckley Gray Yeoman designed headquarters building in Shoreditch received planning approval from Hackney Council this week
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NewsSkanska profits flat as revenue falls
Skanska UK revenues fell 17% in 2010 but profits were down just 1.8%.
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NewsUp to £1bn wasted on M25 widening
The Highways Agency mishandled the M25 widening programme, potentially leading to a waste of £1bn, according to the Public Accounts Committee.
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NewsEaga's biggest shareholder would not block takeover
The Eaga Partnership Trust said it would review any take over in the interests of its beneficiaries
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Bellway house sales up 3.8% in first half
Bellway house sales are up 3.8% as average selling prices climb 8%.
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Henry Boot wipes out debt with £33.8m land and develpment sales
Henry Boot has sold the Ayr Central Shopping Centre to raise £33.8m and clear its debts.
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NewsMouchel’s debt refinancing will not attract new bids
Costain’s £170m bid is likely to remain the only offer and will not increase, say analysts
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NewsApollo undercutting rivals by 20%
Documents show firm has won contracts from competitors with offers that are ’suspiciously low’
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News30,000 firms end 2010 in financial distress
Construction and property are worst hit sectors as government spending cuts take toll on finances
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NewsPressure grows for interest rate increase
Bank of England minutes released today showed two MPC members voted for an increase in interest rates this month
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Laing O'Rourke launches Engineering Excellence Group
Laing O’Rourke’s new strategies and innovation division has attracted some of the industry’s leading experts.
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NewsConstruction sector output slumps 3.3%
ONS figures released today show construction sector output fell by 3.3% in the last three months of 2010, while the overall economy shrunk by 0.5%.