All articles by Angela Monaghan – Page 25
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ºÃÉ«ÏÈÉúTV
Troubled Mowlem changes finance directors
Mowlem has issued a second profit warning in as many months, announced that finance director Gerry Brown was leaving the company, and appointed a replacement this week
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China hires UK consultants to advise on PFI hospital
KPMG, Cyril Sweett and Clifford Chance draw up business case for 600-bed Shanghai scheme
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ºÃÉ«ÏÈÉúTV
Skansen expands into Scandinavia and Spain
Fit-out company Skansen Interiors has embarked on a European expansion to triple turnover
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Features
Cherrys on top
After five turbulent months, the Cherry family’s attempts to buy Countryside Properties finally seem to be coming to fruition.
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Features
Bullish Barratt takes social housing by the horns
A packed order book and record profits put the company in a strong position, says boss David Pretty
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Jarvis saved by sale of £147m Tube Lines stake
Banks agree to extension of debt facility to 2006 after Jarvis strikes deal with Amey, boosting shares 15%
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Features
Cherry wins battle for Country
Alan Cherry, the chairman of Countryside Properties, was this week poised to take the company private after rival shareholder Rock Pacific agreed to support his improved £222m offer for the firm.
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Skanska takes £52m hit on UK liquid gas project
Shares in Swedish contractor drop 5% after contract for National Grid Transco falls behind schedule
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Construction growth to fall to 2.1% this year
Research group Experian forecasts falls across the board, with the private housing sector hardest hit
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Rock granted extra time to submit Countryside bid
Takeover panel changes tune over bid deadlines after shareholders fail to support offer made by Cherry family
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Atkins hires former Millennium Dome boss
Support services group Atkins has made a high-profile appointment in hiring Bernard Ainsworth, former head of the Millennium Dome
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Fit-out firm collapses after police investigation
Surrey firm Bellwater badly affected by losses after the Swedish police investigate alleged fraud
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Wolseley spends £41m in latest acquisition spree
ºÃÉ«ÏÈÉúTV materials giant gets even bigger after it buys four companies in North America and Europe
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Jarvis staff face bleak year as job cuts continue
Morale at support services group Jarvis was low this week despite upbeat statements from chief executive Alan Lovell over Christmas.
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Willmott Dixon to float support services arm
Contractor Willmott Dixon is set to float its support services arm Inspace on the alternative investment market, valuing the business at about £100m
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Travis Perkins to buy DIY group Wickes for £950m …
Builders merchant sector set for period of consolidation as Travis Perkins increases market share to 10%
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Experts predict sharp drop in growth in 2005
Government spending to grow ahead of expected May election, but house and energy prices cause concern
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Jarvis offloads four school PFI projects to Vinci
Floundering contractor lightens its load by selling four schemes to concentrate on others nearer completion