All Finance articles – Page 229
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News
Tender enquiries inch upwards
More construction firms reported a rise in tender enquiries in June than reported a drop, the first time this has occurred in a year and a half, according to figures from market analyst Experian
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Haymills subbies fear losses despite rescue
Subcontractors working for £180m-turnover contractor Haymills this week vented growing concern they might be left out of pocket despite its last-minute rescue by Vinci
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Morgan Sindall boss warns that clients are shunning SMEs
John Morgan, executive chairman of Morgan Sindall, has said clients are giving more work to large contractors amid fears over the financial health of small and medium-sized firms
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Apollo turnover rises 22%
Social housing contractor Apollo has posted a 22% rise in turnover for the year to 31 March 2009 from £214.5m to £261.6m
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Interserve profit up 19%
Support services and building group Interserve has posted a 4% rise in turnover from £913.6m to £951.2m for the six months to 30 June 2009
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Housing associations write off £174m
Falling land and house prices mean 40% more is knocked off associations' assets than last year
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US work helps drive 14% profit rise at Balfour Beatty
Strengthening US business drives up group's building sector operating profit by 39% for the half-year but rail profit down
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Local councils have lost nearly £2.7bn in crash
Survey by Local Government Association reveals low interest rates on cash deposits have hit council income hard
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Vinci poised to buy Haymills
Deal to save £181m-turnover contractor is expected to be sealed tomorrow
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Middle East growth helps drive Interserve profit up 18%
Rise in UK public sector work also lies behind strong first-half results for maintenance and building group
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First-half profit falls 28% at Morgan Sindall
But contractor says it remains confident of meeting expectations for the year
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Vinci to bid for Haymills
Four offers for £181m-turnover contractor due to be made by end of the day
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Think tank proposes scrapping council tax
Left-wing body Compass' report suggests stabilising house prices by taxing land value
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Urban Splash eyes deal for rental portfolio
Tom Bloxham has said Urban Splash could join forces with an institutional fund to secure investment in its residential rental portfolio
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Bouygues prepares to swoop for struggling Haymills
French construction giant in talks to agree final terms for £181m-turnover contractor
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WYG postpones financing deal and shakes up board
Engineering consultant White Young Green has announced a shake-up of its board and bought more time to agree a refinancing deal
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Durkan makes £800k loss
Social housing contractor and residential developer Durkan Holdings made a loss of £776,167 in the year to 31 January 2009, as a result of a £5.8m writedown of its stock and development land
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Aecom optimistic after 10% turnover rise, despite profit drop
UK consultant formerly known as Faber Maunsell attributes 4% profit fall to investment in new and merged offices
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Bellway raises £45m to buy land
Housebuilder takes advantage of strong recent share performance to raise cash in rights issue
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Turnover up 12% at John Rowan as profit falls 14%
Consultant attributes profit drop to weak state of wider economy, but says social housing market will help company weather the storm