Finance News – Page 9
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NewsCostain says sites settling down after covid-19 low
Trading update says its has close to £100m cash in bank
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NewsTaylor Wimpey raises £500m to buy up land
Housebuilder looks to take advantage of cheap sites during the pandemic crisis
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NewsConstruction workforce to fall 10% by September, CLC warns
Materials firms, developers and contractors will be hardest hit
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NewsDelays meant Birmingham spent £60m less on Commonwealth Games village in first quarter of this year
Council had budgeted to fork out £179m but scheme falling behind schedule saw huge underspend
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NewsGovernment unveils £37bn infrastructure pipeline as part of covid-19 response
Workload includes 340 contracts across 260 projects
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NewsSupply chain feeling the squeeze as pressure mounts on firms to start discounting
Moves to cut costs gathering pace, say data firms and trade bodies
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NewsConstruction output plummets by record-breaking 40%, ONS says
Latest figures show impact of covid-19 lockdown on industry
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NewsAtkins cuts 280 jobs as concerns over airport schemes increases
Firm is working on stalled Heathrow and Birmingham airport jobs
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NewsBellway sales plummet since beginning of covid-19 lockdown
Housebuilder says number of reservations sinks by two-thirds
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NewsGovernment delays reverse charge VAT plan again
Initiative put back five months until March next year – but trade groups want even longer postponement
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NewsDespite growing job cuts, construction staff remain among country’s most optimistic employees
Latest LinkedIn survey puts industry only behind healthcare
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NewsSome hope as output begins recovery from April's covid-19 low
Housing was the most resilient sector last month
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NewsNumber of contracts awarded last month plummets
Value and tender opportunities also significantly below average
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NewsIndustry asks chancellor for another delay to reverse charge VAT plan
Trade bodies want Rishi Sunak to postpone introduction of scheme again
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NewsEmployers won't have to start paying part of furloughed workers' wages until September
But firms will have to begin making NI and pension payments from August
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NewsEmployers to pay 20% of furloughed wages from August
Chancellor putting finishing touches to next stage of job-saving initiative