All Finance articles – Page 278
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NewsCotswoldgate creditors plot next move
Subcontractors left out of pocket by housebuilder Cotswoldgate’s collapse into administration are seeking to have the firm put into liquidation before pursuing legal action against its directors, writes Michael Glackin.
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NewsRecession? It’s more like a blip, says new CPA chairman
Adrian Barden forecasts bright future for construction – if the government does its bit
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NewsHolloway White Allom sale ‘scuppered by tax fears’
Private equity groups pulled out of talks to buy luxury contractor Holloway White Allom (HWA) owing to proposed changes to the tax status of non-UK residents, it has emerged, writes Tom Bill.
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NewsBalfour Beatty snaps up US firm
Contractor buys Californian programme management firm for $116m
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NewsBellway cuts profit margin forecast by 1.5%
Housebuilder revises predictions downwards after 31% fall in reservations since February
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Amec buys yet another environmental consultant
Purchase of California-based consulting engineer Geomatrix for £43m is seventh such acquisition in 18 months
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NewsCivils defy downward trend as construction activity slides
May purchasing index shows accelerating decline in construction activity, particularly in housing, with civil engineering the only sub-sector on the up
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NewsMBO at McKean Group ends 90 years of family rule
Directors David Noar and Mark Fallon take over Scottish contracting group including Mayfield Construction and Hudson Group for close to £1m
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NewsPersimmon to make 'several hundred' redundant
Spokeswoman at housebuilder estimates that several hundred will leave but says no offices will be closed
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Construction firms should look to Eastern Europe
As growth slows in the West, new opportunities are opening up eastwards where PWC research points to an 'infrastructure gap'
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NewsStyles & Wood chief executive and chairman step down
Resignations follow failed management buyout and profit warning at retail fit-out specialist
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Commercial rents set to fall
RICS survey predicts credit crunch will dampen tenant demand in the commercial sector
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NewsBAA blames £62m loss on maintenance costs
Airport operator posts loss for first quarter after incurring costs over Heathrow's T5 opening
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NewsJarvis returns to the black
Rail contractor beats City expectations by posting £11.1m pre-tax profit and 12% jump in turnover
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SMC reports “robust” trading
Architect boasts order book fatter than a year ago and continuing improvement in efficiency levels
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NewsWolseley takes steps to head off takeover bids
Materials firm hires advisers to defend it against potential takeover approaches
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NewsProperty giants consider bid for Wilson Bowden Developments
Media reports claim British Land and Land Securities are mulling over bid for Barratt division
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NewsStradform enjoys financial rewards of life under Vinci
But Cardiff contractor lives with raised expectations after takeover by £24bn French giant
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NewsPersimmon to double social housing to ride out crunch
Housebuilder aims to boost affordable output to 5,000 in medium term despite lower margin
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Mitie order book in good health
Building support services group Mitie has posted a 21% jump in pre-tax profit, from £58.2m to £70.6m, for the year ended 31 March 2008.