All articles by Gordon Jon Thompson – Page 2
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News
180 jobs go as Taywood merges housing and property
Group claims the changes will save £30m a year by merging finance and human resources divisions.
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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.
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NewsAmec shares slump after profit falls to £12.3m
Contractor announces disappointing half-year results after restructuring costs knock £15.7m off bottom line.
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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.
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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.
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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.
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NewsMidas to expand fit-out business
Bristol contractor Midas plans to create two divisions to handle its retail and fit-out operations.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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?
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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.
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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.
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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.
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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.