Finance News
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NewsConstruction firms in critical distress surge 70% year-on-year
Begbies Traynor warn many SMEs ‘close to the wire’ as Autumn Budget looms
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NewsBuilding Safety Act’s three-decade liability hike sent Ardmore company under, firm says
Group director says legislation ‘significantly increased’ exposure at Ardmore Construction which went into administration last month
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NewsBuilding calls for expanded public private partnerships programme
A forthcoming report from Building’s Funding the Future campaign will urge the government to significantly expand its proposed public private partnership programmes beyond healthcare facilities and decarbonisation projects.
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NewsBellway increases completions 14%
Housebuilder says local authorities “taking time” to adopt to new planning framework
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NewsProfit at Bouygues’ construction arm slips, annual results show
Turnover at French giant edges up towards €57bn figure
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NewsLaing O’Rourke edges back into black as new boss says margins have to improve
Cathal O’Rourke says contracting’s cherished 5% figure can be achieved and warns current industry average ‘is not sustainable’
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NewsLaing O’Rourke racks up worst loss in firm’s history as business nosedives £288m into red
Problem jobs in London and Australia behind record-breaking deficit
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NewsFit-out work leading the way as Morgan Sindall remains on track for record year
Construction and infrastructure divisions have both outperformed expectations, firm adds
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NewsBam’s UK income holds up despite 10% fall in overall revenue
Dutch engineering giant posts fall in revenue and profit for half-year
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NewsRevenue at Bouygues’ construction arm tops £10bn in first half
Group-wide revenue at French giant hits £22bn
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NewsJRL Group profit halves despite turnover growth
John Reddington admits ‘difficult year’ as 2022 profit hits lowest level since 2015
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NewsForterra announces jobs cuts as recovery chokes
Brickmaker to cut jobs amid ‘significant uncertainty’ in demand as interest rates rise
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NewsGalliford Try profit ‘at upper end’ as contract delays ease
Boss Bill Hocking says contractor benefiting from increase in award of major framework jobs
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NewsProfit at Bouygues’ construction arm returns to pre-pandemic number
Group-wide revenue at French giant also rose above 2019 figure
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NewsSpringfield half year profit falls as costs rise
Scottish housebuilder says it has made £3m of savings in wake of market conditions
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NewsConstruction output rises for fourth successive month
Workloads jump despite wider economy shrinking
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NewsBrickability boosts profit 72% as demand from ‘undersupplied’ housing market soars
Fast-growing firm says it is on course to meet market expectations after purchase of rival Taylor Maxwell
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News‘Era of low interest is over’ as Bank hikes rates by biggest amount in decades
Governor says UK economy will be in recession all of next year and first half of 2024