All Finance articles – Page 212
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Balfour Beatty buys two Multibuild firms for £1.9m
Contractor acquires Multibuild Hotels and Leisure and Multibuild Interiors
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Mouchel warns of covenant breach
Consultant forced to renegotiate terms with its banks as financial problems mount
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T Clarke: We will beat expectations this year
M&E contractor confident about March’s results despite profit warnings last year
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Mitie optimistic about 2010
Outsourcing specialist confident it will hit expectations for full-year results
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Citywatch: Croissants and carbonara
As all good Europeans know, most Americans don’t see our continent as a mixture of individual countries and cultures
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Keepmoat buys Milnerbuild
Social housing firm Keepmoat has bought Milnerbuild, a Leeds-based specialist with a £10m turnover
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Wolseley’s European boss loses job in boardroom shake-up
Materials firm Wolseley has made its European chief executive redundant in a boardroom shake-up
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Balfour Beatty closes in on Multibuild deal
About 60 Multibuild workers will be transferred to Balfour Beatty in an acquisition expected to be completed today
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OFT victim Concentra bought out of administration
Owners sign deal to buy back £8m of contracts, but creditors may only recover 10% of £4m debt
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Broadway Malyan hit by £809k of bad debt
Profits at architect Broadway Malyan have plunged 83% as a result of bad debt in the Middle East and redundancy costs
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Shepherd to cut turnover 40% over next two years
Contractor to restructure away from design-and-build work, and aims to reach £500m in three years
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Insolvencies rise 33% in 2009
Nearly 3,000 construction firms entered insolvency in 2009, according to figures from accountant Pricewaterhouse Coopers
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Benfield Construction goes bust
Workers face redundancy as Benfield Group puts Midlands-based construction arm into liquidation
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Bovis Homes signs £150m banking deal
Four-year revolving credit facility with five-bank syndicate has improved terms thanks to strong balance sheet and housing upturn
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VT Group reaffirms interest in Mouchel takeover deal
Support services firm believed to be watching closely for consultant's debt position to deteriorate
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Construction will be 'in recession till 2011'
Construction Skills Network forecasts marginal decline for 2010
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McInerney sees no respite from depressed housing market
Irish housebuilder cuts number of completed homes by half
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Economy exits recession, but only just
Government statistics show growth of 0.1% in last quarter of 2009, bringing 18-month recession to an end
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Commercial property values rise in 2009
Retail and office sectors in London lead the rise in rents in final quarter of last year
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US construction spending falls for seventh month in a row
Data from US commerce department shows spending on residential and commercial projects continues to decline