Finance News – Page 20
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NewsFinancial watchdog launches investigation into Interserve auditor
FRC probing Grant Thornton’s audits of firm’s accounts over three year period
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News'We steer clear of poor payers,' say Billington bosses
Steel firm posts improved set of figures for 2018
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NewsDrawn-out Brexit prompts Bellway to slow land investment
Housebuilder adopts “cautious approach” to land buying in recent months
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NewsMorgan Sindall signs up for £1bn JV with Brentwood council
Contractor’s investments arm will fund housebuilding programme for east London borough
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NewsCompetition watchdog launches probe into construction sector
The Competition and Markets Authority will decide whether to proceed with an investigation by the autumn
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NewsPersimmon homebuyers set to hold back cash to deal with snags
Housebuilder’s customers will be able to hold an average retention of £3,600
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NewsDepartment not using project bank accounts at all on education framework, FOI reveals
But DfE says project accounts were trialled and found to be “unsuitable” for its projects
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NewsWates blames Brexit for fall in construction turnover
Firm saw a 9% drop in revenue at its construction business
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NewsCabinet minister takes swipe at Interserve's rebel shareholders
‘Greedy capitalists,’ felled the business
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NewsUS hedge fund says blame for shareholder wipeout is Interserve's – not its rebellion
Coltrane led opposition to firm’s preferred rescue deal, which was rejected by shareholders leaving Interserve to enter administration
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NewsInterserve tells subcontractors and staff not to worry about upcoming payments
Senior figures take to Twitter promising there will be "no delays" in money
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NewsDawnus on the brink of collapse
Grant Thornton is expected to be named administrator of stricken Swansea firm
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NewsAll eyes on shareholder vote as Interserve suppliers brace for firm's administration
Firm could plunge into pre-pack administration if investors reject rescue deal today
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NewsGender pay gap is still 20% across construction, says RICS
But the figure has fallen from 36% last year
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NewsInterserve hands over another EfW plant
The contractor has two jobs remaining in a sector which has cost it hundreds of millions of pounds