Finance ºÃÉ«ÏÈÉúTV – Page 199
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Mears wins biggest ever deal
Social housing maintenance firm Mears has won a £300m 10-year deal with registered social landlord Family Mosaic – the biggest win in its history
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Balfour Beatty sells health and water PPP stakes for £21m
Balfour Beatty has raised more than £21m through the sale of its PPP stakes in Aberdeen Environmental Services and Consort Healthcare
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BAM bets on civils despite record construction turnover
UK division delivers construction revenue of £1.1bn, but focus turns to rail, waste, roads and energy
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Restructuring takes the shine off Connaught’s results
Pre-tax profit at social housing contractor Connaught fell 13% to £10.7m in the six months to the end of February as it was hit by £10m of restructuring and acquisition costs
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Lindum revenue falls 23%
Lincolnshire-based contractor Lindum Group has posted a 23% fall in turnover in the year to 30 November 2009 from £87m to £67.4m
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Warings boosts profit to £1.5m despite 19% turnover drop
Warings, the South Coast subsidiary of French contractor Bouygues, has posted a 19% drop in turnover from £98.8m to £80.1m in the year to 31 December 2009
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BAM posts record construction turnover for 2009
But UK firm plans to counter public spending cuts with refocus on civils work
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Taylor Wimpey has cut debt by £90m in 2010
But shareholder group pushing to reject chief executive’s remuneration package at AGM today
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More construction firms in distress
Ripple effect of failed businesses threatens recovery
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Construction 'stuck in recession till 2011'
Construction Products Association report says industry is lagging behind the UK economic recovery
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Balfour Beatty sells stakes in two PPPs for £21m
Contractor sells interests in Aberdeen Environment Services and Consort Healthcare
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Construction decline holds back UK economy
Nominal growth of 0.2% is hampered by decrease of 0.7% in construction sector
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Ian Tyler still best value boss as bonus row escalates
Balfour chief executive praised for 2009 success as shareholders complain of ‘excessive’ rewards
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Native Land continues to mark out its territory
SME profile: Fledgling developer behind Rogers’ NEO Bankside returns to buying up London’s land
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Emcor returns to profit despite 10% drop in turnover
M&E contractor Emcor posted a 10% drop in turnover to £320m in 2009, although pre-tax profit was up to £11.2m from £10.9m
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Construction insolvencies on the decline
Report by Experian shows insolvencies are 5% down in March compared to last year
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David Arnold becomes FD at Enterprise
Former Redrow finance director joins infrastructure support services firm in same role
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Morgan Sindall merges construction and infrastructure firms
Graham Shennan will head up Morgan Ashhurst and Morgan Est divisions which will operate as Morgan Sindall
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Lloyds buys 30% stake in United House
The private equity arm of Lloyds Banking Group has completed its acquisition of an estimated 30% stake in social housing contractor and developer United House.
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Cherrys consider ‘outsider’ for Countryside chairman job
Co-owner Lloyds may back non-family candidate in drive for more involvement in housebuilding assets