All Finance articles – Page 221
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NG Bailey boss was ‘victim of cost-cutting drive’
Doubts raised that departure of Mark Andrews from M&E specialist last week was mutual decision
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Babcock goes atomic
Babcock International has completed its £38m purchase of the commercial arm of the UK’s Atomic Energy Agency, which handles decommissioning work in Scotland, Dorset and Oxfordshire.
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Arabtec profits fall
Arabtec, the UAE’s largest contractor, has announced a 35% fall in profit to 167m dirham (£28m) for the third quarter of 2009
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Alumasc trading down
Building and engineering products company Alumasc has said trading was down in the three months to the end of September compared with the same period in 2008.
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BDP’s profits treble as directors agree to take 9% pay cut
The directors of Building Design Partnership, the UK’s largest architect, have taken an average 9% pay cut to help triple the company's bottom line
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Bank of England holds interest rate steady at 0.5%
Base rate is kept level for eighth month in a row as bank plans to extend quantitative easing by £25bn
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Selling prices on the up for Redrow as private reservations soar
Group announces 47% boost in reservations and expects focus on family housing to lead to further price hikes
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Morgan Sindall consortium picked for £400m Hull BSF programme
Esteem consortium is named as the preferred bidder to deliver 17 new or rebuilt schools
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Taylor Wimpey eyes price increases as market improves
Housebuilder fully sold for 2009 turns to building its 2010 order book
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Decline in construction purchasing accelerates
CIPS/Markit index shows orders from purchasing managers falling, with the steepest decline in civil engineering activity
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Gleeds sells Australian division to MBO
The new practice Lucrum Consulting will take on £2bn of Gleeds projects
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'Significant' drop in sales of construction products
Data from Construction Products Association shows manufacturers experiencing falls in trade while price of raw materials rises
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WYG posts £129m loss but seals rescue deal with lenders
Engineering consultant makes massive writedowns, but secures its future with debt-for-equity swap
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Citywatch: Fighting Talk
Clive Sayer, the boss of QS Baqus, was in a punchy mood after announcing the company’s broadly sound first full-year results on Tuesday
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Persimmon: we’ll only seek shareholder cash for takeover
Chief executive says his will be only big housebuilder not to make a rights issue – unless it buys a rival
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Currie & Brown follows rivals by restructuring
Consultant restructures UK operations to boost energy and infrastructure to 40% of the business
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Appointment boosts Gleeson
Shares in MJ Gleeson went up 10% on Monday after the firm announced the appointment of Jolyon Harrison as managing director of its regeneration and homes business
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Property ‘gurus’ warn against optimism over recovery
The housing industry can expect three more tough years, despite whisperings of green shoots, industry experts claim
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Amec agrees to pay £5m over ‘irregular’ fees on Korea bridge
Amec has agreed to pay a £5m penalty after receiving $9m in “irregular payments” on a project in South Korea
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Alumasc reports further declines in commercial work
Materials supplier gives an update on the state of the market