All Finance articles – Page 251
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NewsInterest rates cut to 1%
Bank of England slashes base rate to lowest ever level, but economists warn further measures are necessary
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NewsBellway reports 50% slump in profit margin and forward orders
Housebuilder's six-month update warns of further writedown and reveals 1,000 homes are sitting unsold
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NewsAtkins loses finance director to chemicals giant
Robert MacLeod leaves after five years to join FTSE 100 firm Johnson Matthey
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NewsEight building firms going bust every day
Latest figures show 40% rise in construction insolvencies during 2008
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NewsCommercial property values plunge 26% in a year
IPD figures show 2008 registered the biggest ever recorded fall in values of UK commercial property
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Government plans credit insurance rescue scheme
New scheme will underwrite up to half of potential claims for medium-risk firms with reduced cover
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NewsMitie on course to hit earnings targets
Trading update reveals specialist outsourcing firm is holding up well against the economic downturn
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Galliford Try and Croudace circle Oakdene’s carcass
Private equity and investment funds are also linked to sale of collapsed housebuilders’ sites
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NewsContractors abandon quest for profit as margins fall to 2.5%
Increasing numbers of firms are bidding for work on a zero-profit basis as contractors resort to cut-throat tactics to win work
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NewsRenew Holdings plans engineering acquisitions
Company has £25m in cash to spend on 'earnings-enhancing acquisitions' this year
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NewsG&H Group blames job cuts on firms buying work
Loss-making bids by rivals blamed for 19 planned redundancies at building services and construction group
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NewsEnnstone pulls shares amid cash crisis
Materials firm withdraws from stock market pending outcome of urgent debt talks at all three divisions
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FeaturesMeet Your New Neighbour: Leviton opens in Dubai
US electrical products supplier Leviton opened a new office in the UAE on Sunday. Ramzi Nassif is the branch managing director
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NewsSaracens rugby club owner resigns from Oakdene board
Nigel Wray, who also part-owns Domino’s Pizza, resigns as director of failed housebuilder
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NewsSpeymill suspends AIM shares after 'significant loss'
Worsening economic environment leads to property and contracting group pulling its shares
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NewsErick van Egeraat goes into receivership
Dutch architect best known in Britain for Middlesbrough gallery goes bust
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NewsWolseley reports profit down by two-thirds
But trading update says banking covenants will not be breached this month
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NewsCredit fears for PFI hospital construction
Internal memo suggests there is no 'plan B' if banks refuse to lend schemes money
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NewsBarratt debt fears dismissed
Sources close to the refinancing talks reject analyst claims that covenants will need retesting
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NewsMcInerney hopeful of new banking deal
The Dublin housebuilder is restructuring its bank finance to counter the effects of recession