Finance News – Page 23
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NewsBudgets for 2022 Commonwealth Games projects ‘unlikely to be established before May’
The West Midlands Combined Authority has said the lack of a secure funding plan is the “most significant risk regarding the Commonwealth Games”
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NewsTransport boss admits Crossrail might not finish until middle of next year
TfL finance chief says group now planning for 18 month delay
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NewsBalfour chief had doubts about Aberdeen bypass December finish date, minutes reveal
Contractors insisted job would be done by new year – but work restarted this week
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NewsLabour MP's late payments bill to hit parliament next week
Debbie Abrahams is proposing project bank accounts be a requirement on all public sector jobs
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NewsCostain expecting lower turnover for 2018
Pre-tax profit likely to be flat, but contractor says order book up to a record £4.2bn
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NewsScottish government to consult on reforming retentions
Move follows repeated delay of Aldous bill
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NewsCrossrail costs balloon as new boss admits he has no idea when it will finish
Railway will need another £2bn to complete as chief exec says ‘there is still a huge amount to do’
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NewsInterserve says rescue talks will see banks take greater control of business
Firm to finalise debt for equity swap plan early next year
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NewsFirms tell MSPs that contractual rows meant part of Aberdeen bypass was shut for months, costing pair millions
Balfour Beatty and Galliford Try say project’s contract runs to ‘thousands of pages’
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NewsKier and Keller fall out of FTSE250
McCarthy Stone re-joins mid-tier stock market index as contractor and groundworks group bow out
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NewsG&T rejigs management as managing partner leaves after 40 years at firm
Simon Jones joined cost consultant back in 1977
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NewsDar plans recruitment drive as it looks to treble £15m turnover
Consultant aims to increase payroll from 120 to 500 people over next three years
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NewsAberdeen bypass set to finish by Christmas, contractors say
But Balfour Beatty and Galliford Try admit opening dependent on weather
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NewsMPs call for mandated 30-day payment terms
Report also suggested retentions should be replaced with independently managed project accounts
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NewsContractors finding it 'extremely difficult' to hit even 2% margins, says Mace boss
Deputy COO says business model is skewed against builders making decent returns
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NewsOutput grows as activity expands across the board despite Brexit nerves
Industry confidence still low due to ongoing EU uncertainty, according to the latest IHS Markit/CIPS construction PMI
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NewsKier's shares plummet further in wake of rights issue
Contractor’s stock fell 10% yesterday, following last Friday’s slump