All Finance articles – Page 288
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Atkins on track as performance in core sectors remains robust
Only blip for Atkins is poor performance of management consultancy arm which had poor start to 2008
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Commercial construction activity falls again
Savills finds that 23% of commercial developers reported a sharp decline in activity in January
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Balfour Beatty snaps up US military business for £180m
Services group buys GMH Communities Trust which specialises in accommodation for the American armed services
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Carillion completes takeover of Alfred McAlpine
Deal sealed this morning following OFT's green light for aquisition on Friday
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Kier sells Hairmyres hospital PFI stake for £13.8m
Contractor says deal will contribute £16m to 2008 profit
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OFT approves Carillion's takover of Alfred McAlpine
Competition authority says £572m deal can go ahead, allowing Alfred McAlpine to officially be part of Carillion on 12 February
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Sharewatch Going haywire
The market was still unable to decide what to do with itself this week – perhaps not surprising ahead of results season.
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Stock market turmoil forces T&T to postpone flotation
Turner & Townsend has shelved plans to float on the stock exchange after failing to achieve its £200m target valuation.
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… but confidence takes a hit as growth in output slows
Growth in the construction industry slowed to its lowest level for 16 months in January.
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Vinci impresses the City
French construction company Vinci has reported a 17% jump in turnover to *30.4bn (£22.7bn) for the year ended 31 December.
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Miller rebels capitulate after failing to reach 75% goal
Two-month row at construction firm ends with deal to sell shares on family’s internal market
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Vinci wields the axe after £7m Stradform takeover
Numerous departures feared as French contractor closes Bristol office and makes 10 redundant
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Contractors workload to last until 2011 …
The credit crunch will not hit building tender prices for another three years, according to EC Harris.
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Skanska profit falls £2.6m
Contractor blames £2.6m profit drop in UK business on problems with three unnamed schemes
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British Land portfolio dives £1.3bn in property slump
Credit crunch reduces net asset values by 9% but property developer says worst could be over
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Bank of England cuts interest rates to 5.25%
Bank of England shaves another quarter point off interest rates despite fears over inflation
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T&T halts plans to float on stock exchange
Consultant shelves plans after failing to achieve its £200m target valuation
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BSF 'descending into chaos', say Tories
Government under attack after latest delays to school building programme, as report says reforms could save £250m
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Siteserv set to buy Deborah Services for up to £48m
Deborah Services' directors recommend proposed takeover by Dublin-based Siteserv
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British Land set to reveal £1.3bn fall in portfolio
Property giant is expected to reveal a 10% fall in assets when it reveals results on Thursday