Finance News – Page 18
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NewsKier share price hits 23-year low following yet another writedown
Firm says it will take an additional £40m hit in current financial year which ends this month
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NewsGleeds blames Brexit for job cuts
Director brought in from Buro Four to grow London PM business goes after a year
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NewsLaing O'Rourke loses place on £1bn framework
But Kier mops up places while Bouygues and ISG land big spots for the first time
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NewsCollapsed Dawnus owed £50m after more than 70 firms turned down chance to rescue stricken builder
Contractor had already received emergency funding from Welsh government
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NewsGalliford Try to shrink construction arm by a quarter
Contractor confirms 350 job cuts and will now focus on three sectors
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NewsAffordable homes growth bolsters Countryside
Housebuilder builds nearly twice as many affordable homes in first six months of the year
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NewsBalfour Beatty upbeat about year ahead
Country’s biggest contractor says it is performing in line with expectations
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NewsCompetition watchdog zeroes in on industry’s cartel activity
Number of investigations into construction at 10-year high, CMA says
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NewsFit-out directors disqualified in fallout from CMA cartel investigation
Three worked at firms fined more than £7m in April
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NewsBrexit blamed for lack of new work in first three months of year
But overall construction output inches up, according to ONS figures
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NewsAtkins sale mooted as bribes allegations hit Canadian parent
SNC-Lavalin being investigated over illegal payments on Libyan jobs
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NewsTravis Perkins records double-digit sales growth
Firm also making progress on cost reduction work following £49m loss last year
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NewsMorgan Sindall order book grows 8% in first quarter
Firm says it is on track to improve on its 2% construction margin
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NewsCrossrail told to ‘incentivise’ contractors to get job done
NAO warns contractors unlikely to prioritise Crossrail work on lump-sum, fixed-price contracts
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NewsEric Parry posts £1.5m loss
Architect behind 1 Undershaft sheds 15% of its staff as it grapples with project delays
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NewsBrexit stalemate and rising costs hit construction in first quarter
The Construction Products Association says contractors’ margins have suffered