All articles by Gordon Jon Thompson – Page 2
-
NewsMowlem joins PFI costs backlash
Mowlem has become the latest contractor to cut the amount of PFI deals it bids for as concerns grow over rising bid costs and project delays.
-
NewsAmec shares slump after profit falls to £12.3m
Contractor announces disappointing half-year results after restructuring costs knock £15.7m off bottom line.
-
NewsWimpey deal to buy Laing Homes fails to materialise
Disappointed City cuts share price of the firms after they do not announce sale at their interim results meetings.
-
NewsRok buys Llewellyn for £16.25m
More than 100 years of family control at Llewellyn has ended with its acquisition by Rok for £16.25m.
-
NewsBovis Lend Lease hits profit high as split rumours grow
Contractor’s record £42.6m profit comes amid speculation that parent group could be divided and sold off.
-
NewsBallast boss keeps options open until firm is sold
Managing director refuses to accept role as head of PFI at the troubled contractor until purchaser is identified.
-
NewsMidas to expand fit-out business
Bristol contractor Midas plans to create two divisions to handle its retail and fit-out operations.
-
News
Exeter contractor Rok set to snap up Llewellyn
Garvis Snook expected to complete deal for South-east company next week after buying two firms last year.
-
News
PFI profits boost Alfred McAlpine's results
Good returns from PFI investments help contractor to a pre-tax profit of £12m for the six months to 30 June.
-
News
WS Atkins' profit falls by a third
WS Atkins has become the latest firm to dent City confidence in the support services sector, after revealing its pre-tax profit has plummeted by a third.
-
NewsLaing O'Rourke set to enter contracting big league
Chairman Ray O'Rourke predicts turnover will top £1.2bn as group's maiden results reveal profit of £44m.
-
News
Amey chief under pressure as key director leaves
City turns up heat on Brian Staples following premature departure of main board director Robert Osborne.
-
News
Ballast Nedam deputy chair heads UK arm sale team
Potential bidders for loss-making UK subsidiary Ballast are tipped to include YJL, Hochtief and HBG.
-
NewsCash concerns hit asylum centre
Government plans for a £35m detention centre for asylum seekers in south-west London have hit difficulties because of concerns over project insurance and rising bid costs.
-
News
Operating profit at Haymills falls despite rise in turnover
Business is brisk at contractor Haymills but sharp rises in insurance cover and labour costs have hit margins.
-
News
C&M buys Northcountry Homes for £10m plus shares
Deal to create £100m-turnover group includes £1.9m to be paid if Northcountry hits performance targets.
-
NewsAmey to restructure after PFI crisis and share plunge
Sources claim changes may include the departure of one director and a return to pre-2000 company structure.
-
NewsBallast Nedam in crisis talks with loss-making UK arm
Dutch parent group discusses ways of pulling out of Britain after subsidiary loses £32m in six months.
-
Features
Crash Barrier
If there's one thing that will bring the runaway housing market screeching to a halt, it's a sudden loss of confidence in the City. So, asks Gordon Jon Thompson, how can the listed housebuilders convince investors that the wheels are not about to come off?
-
News
Prowtings buy 75% stake in Banner Homes
The Prowting family made a shock return to housebuilding this week when it bought a 75% stake in privately owned Banner Homes.