All articles by Angela Monaghan – Page 18
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Carillion writes down £120m in £291m Mowlem takeover
Contractor set to become £4bn-turnover giant in league of Amec and Balfour after snapping up troubled rival
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CPA demands action on gas price increases
The Construction Products Association this week wrote to trade and industry secretary Alan Johnson warning of the “serious consequences” that rises in gas prices would have on UK materials companies.
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Amec to sell French arm after taking £70m hit
City reacts with scepticism as firm announces plan to sell Spie and split into two separate companies
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The inheritors
The standard business model of the standard volume housebuilder is well tried, well tested and increasingly obsolete. Now the market is being invaded by dynamic, agile firms that have adapted to an environment in which affordability, sustainability and brownfield expertise are what count.
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The old romantic
He may no longer be the carefree youth who proposed to his wife a week after they met, but Keith Miller’s more considered approach to business looks set to see the Miller Group pass the £1bn-turnover mark.
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Persimmon set for FTSE 100 after Westbury approach
Housebuilder’s share price rises 10% after stock exchange announcement, fuelling speculation of a FTSE first
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Treasury puts some numbers on next year’s PFI market
Defence projects expected to make up 18%, as government reveals that this year’s deals could reach £5bn
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McCarthy & Stone ‘strong’ despite profit fall
Retirement home specialist McCarthy & Stone this week reported a 14% fall in pre-tax profit and warned of another “testing year ahead”
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Kajima to wind down UK construction business
Japanese contractor plans to turn to PFI investment after reporting £80m losses on PFI schools contracts
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Davis Langdon results reveal senior partner’s pay
In an unprecedented move for a consultant, Rob Smith’s £507,000 salary is disclosed – along with 37% profit
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YRM boss embraces future as not-for-profit trust
Architect leaves troubles behind and creates a company structure that defies commercial conventions
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Metronet parachutes in Atkins director Ainsworth
Millennium Dome project director Bernard Ainsworth is seconded from Atkins to be head of civils and stations
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Chairman of Mace division banned from directorships
Jonathan Yurtsever, chairman of recruitment arm the People Group, will not challenge eight-year disqualification
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Vinci sizes up Mowlem as takeover rumours swirl
UK board of French giant said to be pushing to buy ailing contractor; other large firms also interested
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Multiplex reshuffles management team
Multiplex has reshuffled its management team in an attempt to silence critics who called for more transparency in the wake of the £48m loss on Wembley stadium.
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KPMG survey shows how skill shortages hit profits
A lack of well trained staff has led to sharp rise in salaries in some areas and forced firms to turn away work