Finance News – Page 6
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Sales at Travis Perkins continue to slide
Group axed 2,500 jobs and closed 165 branches in June
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Bellway profit slumps by two-thirds
Firm suffers hit from pandemic and “legacy” fire-safety issues, but reports strong sales rebound
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Contract awards slip in September
Network Rail was biggest spending client during the month, according to Glenigan data
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Revealed: The construction firms that are hiring despite covid-19 pandemic
LinkedIn lists companies in sector advertising more than 50 roles
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New orders reach post-lockdown peak as activity ramps up
But staff numbers fall as furloughed employees are let go
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One in five architects expect to cut staff by end of year
Future Trends survey says figure jumps to nearly 25% for firms in London
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Sunak set to reveal ‘winter economy plan’ to save jobs
But chancellor not expected to extend furlough scheme that is still supporting nearly 300,000 construction jobs
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Contract awards top £6bn in August
Biggest spending client during the month was DfT, says Glenigan data
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Recovery continues but output still down on pre-covid levels, ONS figures reveal
Activity increased by 17.6% in July, according to the ONS
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Breedon’s Cemex takeover given all-clear
Competition and Markets Authority accepts cement manufacturer’s guarantees
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Forterra re-opens all its UK brickmaking plants
Group had closed most sites following covid lockdown
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London council puts botched £75m deal up for grabs again
Firms have until early next month to express interest in job
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Construction must avoid refreshed race to bottom, trade bodies warn
There is mounting concern over a race to the bottom in the scramble for work
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Berkeley Group maintains profit guidance despite covid-19 hit
Firm still forecasting pre-tax profit of £500m after better than expected trading