Finance News – Page 3
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NewsBerkeley becomes latest firm to warn on building costs
London housebuilder says it remains on track to deliver expected profit
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NewsAvant Homes posts £3m loss
Housebuilder’s 2021 accounts hit by cost of sale to Berkeley DeVeer, but show revenue returning to pre-covid level
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NewsFalling reservation rate sees Barratt’s share price slip
Housebuilder meets raised profit and revenue expectations in 2021 full-year results
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NewsRecovering domestic market helps French giant Bouygues return to black
Firm helping build HS2 railway sees income back up to pre-pandemic level
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NewsKingspan flags materials concerns despite profit and revenue jump
Firm’s pre-tax profit up 67% on 2020
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NewsL&Q’s investment in new homes falls 43%
Housing association misses completions targets amid pandemic lockdown
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NewsPersimmon reports £480m first half profit
Shares in housebuilder fall as housebuilder says more “normal” trading patterns to return
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NewsLendlease announces restructuring as it warns of tough year ahead
But the Australian firm did post improved profit in its most recent results
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NewsWilliam Hare profit plummets by 55%
Pandemic takes its toll but steelwork contractor boasts strong order book
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NewsSubcontractors readied for £1bn prisons programme
Kier, Laing O’Rourke, Wates and ISG already appointed to lead the four projects
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NewsValue of contract awards up in July, Glenigan data says
Clients awarded £6.1bn worth of work compared to around £5.5bn the month before
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NewsMultiplex financial director quits
Zahida Hanif took up the role last year but is leaving to spend more time with her family
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NewsBellway full-year turnover approaches pre-pandemic level
Housebuilder says turnover of £3.1bn put it in an ‘excellent’ position to grow
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NewsDerwent signals confidence in London market as profits soar
Developer has brought two sites in the city’s Knowledge Quarter
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NewsContract awards up in June, Glenigan data says
Clients awarded £5.5bn worth of work compared to around £4.5bn the month before
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NewsInfrastructure dominates May contract awards, Glenigan data says
The sector accounted for around a quarter of the value of all contracts handed out in the month
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NewsSurge in new orders as materials costs continue to soar
Activity boosted by booming housing sector as purchasing managers’ survey hits record high
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NewsConstruction firms claim over £1.1bn of furlough cash in six months
Number of construction workers on job retention scheme has fallen 73% from peak
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