All Finance articles – Page 242
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News
Number of firms in ‘critical financial distress’ leaps by 126%
The number of construction companies in critical financial distress increased 126% over the past year, according to corporate recovery specialist Begbies Traynor
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NewsRefinancing boosts Taylor Wimpey shares 9%
Report of £1.84bn loss for 2008 fails to dampen optimistic mood at housebuilder
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NewsGrafton Group turnover falls 32%
Materials supplier reports £420m fall in quarterly revenue amid fallling housebuilding and repair activity
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NewsKier and ISG weigh up bids for Verry
Half a dozen companies understood to be considering making an offer for £100m-turnover firm
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NewsNine construction firms going bust every day
Insolvencies expected to rise as data reveals number firms going under is 15% up from last year
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NewsBuilding firms in financial trouble up 126%
Corporate stress monitor shows North East hit hardest, with 149% annual rise in critical financial problems
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NewsCandy Brothers shoot up the Rich List
Developers leap 500 places after nearly tripling their fortune, while steel magnate Mittal retains top spot despite losing billions
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NewsMcCarthy & Stone completes refinancing
Retirement home builder on firmer footing after High Court approves debt-for-equity swap
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NewsBudget fails to lift gloom over growth of national debt
Industry welcomes measures to soften impact of downturn but fears dramatic cuts in the futureBy the Building newsdesk
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NewsProfit up 39% at social housing group Connaught
Social housing group Connaught boosted pre-tax profit by 39% from £9.7m to £13.5m in the year ended 28 February 2009
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NewsCarillion boss bags £608,000 bonus
John McDonough takes home total of £1.42m, dwarfing the £1m earned by Balfour chief Ian Tyler
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NewsWolseley shareholders buy 98% of £1bn rights issue
Building materials group will use cash to reduce net debt of £2.5bn
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NewsFreddie Mac finance chief found dead
Suicide the apparent cause of death as US lending giant remains under investigation for accounting methods
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NewsPersimmon sales volumes exceed expectations
But pricing and margins remain under pressure at housebuilder
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NewsBudget 2009: the industry responds
Industry figures offer their responses to Alistair Darling's budget
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NewsBudget 2009: Chancellor pledges £500m to restart frozen projects
But economy will contract by 3.5% and public borrowing will reach £175bn in 2009
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NewsTreasury review reveals scope for £11bn property savings
Procurement and management efficiency are targeted as areas for savings over 10-year period
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NewsBanks stump up for £5bn M25 widening
Scheme's preferred bidder successfully secures entire funding without recourse to PFI rescue fund
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NewsDubai developers to get second $10bn bail out this year
Government says the first $10m is already feeding through to contractors
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NewsPublic borrowing hits post-war record high
Chancellor will have to issue £200bn of government bonds this year to cover debt