Finance ɫTV – Page 132
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Construction firms issue most profit warnings in Q2
Highest number of profit warnings since the 2008 credit crisis
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Taylor Wimpey reports robust sales
Housebuilder maintains its “strong sales performance” during the first half
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Carillion targets infrastructure in the UK
Firm secures £2.2bn of orders and maintains order book of £18bn
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Construction activity falls at fastest rate for 2.5 years
Markit/CIPS PMI index sinks to 48.2 in June from 54.4 in May
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Economic slump to keep tenders low
UK construction tender prices not expected to rise until end of 2013
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Berkeley profits up 60%
Housebuilder sees revenue break the £1bn mark in full-year results as Tony Pidgley fires warning over government policies
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Stefanous put £10m into Doyle to help it through recession
Doyle Group chairman Stef Stefanou and brother put own money into business, but could not save it from adminstration
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Morgan Sindall maintains £3.2bn order book
Orders for contractor hold up despite “challenging” market
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CBI urges ministers to fast-track repairs and maintenance cash
Business leaders say it could help combat rising welfare costs
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Steve Hill Construction enters administration
Contractor had been slow to make payments since January
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Profit and revenue rise at United House
Contractor and specialist developer sees revenue up 19% to £239m and profit up 76% to £15.3m
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Manchester regeneration PFI gets the green light
£113m PFI housing development aimed at transforming the Brunswick area of Manchester gets go-ahead
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Sweett issues profit warning and delays results
Delayed sale of PFI stake will lead to lower profit in 2011/12
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Kier secures 85% of next year’s order book
Construction and services order books remain “robust”
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Balfour Beatty tops table
Rail and road contracts push contractor back into top spot but industry output dips 8.5% in April
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Competition watchdog to probe products merger
Office of Fair Trading refers acquisition by Epwin to the competition regulator
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Wates loses £25m Southwark job
Contractor and council agree to part ways on housing major works contract