All Finance articles – Page 257
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News
Public sector work bolsters Morgan Sindall construction
Morgan Sindall has said it is on track to deliver record results in 2008, thanks to its work in the public sector.
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NewsOffshore deal saves Bewley Homes from collapse
Investors launch last-minute rescue after bank cuts credit to £65m-turnover housebuilder
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NewsBarratt says it will not breach lending covenants
But housebuilder admits more writedowns will be needed after further dip in market
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NewsCitywatch analysts: Consult your calculators
This was the week the mood darkened for the consultancy sector. After White Young Green’s profit warning last week, analysts whipped out their calculators and revised forecasts downwards for everyone.
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News
Thomas Vale profit rises 18%
West Midlands contractor Thomas Vale has announced an 18% increase in pre-tax profit to £1.62m for the six months to 30 September 2008.
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NewsMortgage lending up slightly in October
Gross lending up 7% on September but still 44% down on a year ago
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NewsHalf-year profit down 30% at Norcros
Materials firm hit by weak building markets and high energy costs
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NewsGleeson cuts more jobs after £9.6m writedown
Regeneration company will move head office from Hampshire to Sheffield in bid to cut costs
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NewsBritish Land reports 11% fall in portfolio value
Net asset value per share down 22% but underlying pre-tax profit up slightly in tough conditions
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NewsStrong regional trading boosts T Clarke results
Engineer and contractor says 2008 results will exceed market expectations, with balance sheet strong
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NewsSuppliers hit by credit insurance withdrawal
Cover for non-payment of bills for goods received on credit being removed from 12,000 firms
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NewsLib Dems demand lending eased for small firms
Government called on to take radical action, including possible creation of a new bank
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News
Axe hangs over Dev Secs' Slough scheme
Withdrawal of council support could kill regeneration scheme that already lost a housebuilder
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NewsHazardous sculpture costs Heatherwick £1.7m
Designer agrees out-of-court settlement after Manchester council sues over B of the Bang
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NewsBarratt warns of more writedowns to come
Housebuilder reports sales in line with expectations over past quarter but prices continue to slide
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NewsWolseley to cut 2,300 more jobs
Over 200 branches will also close as profit falls 45% at international materials supplier
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News
Waterman buoyed by international work
Overseas and public work gives stability to engineering and environmental consultant
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NewsPrivate equity firms circle Taylor Wimpey
Oaktree, Apax, 3i and Permira mulling bids for housebuilder
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NewsCBI predicts 'deeper and longer' recession
Revised forecast shows 9% out of work and interest rates slashed to 1.5%
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News
Plant firm Garic sold for £20m to Bibby
Investment group acquires entire share capital of £12m-turnover firm