Finance ºÃÉ«ÏÈÉúTV – Page 233
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Profit up 8% at May Gurney
Infrastructure services specialist May Gurney has restructured its business following a successful year in which turnover grew 8% to £470.3m
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GB ºÃÉ«ÏÈÉúTV director quits to join risk consultancy
Jason Farnell has left his job as commercial director of GB ºÃÉ«ÏÈÉúTV Solutions to become a partner in risk management consultancy CR Management
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Industry 'out of intensive care unit' as rate of decline slows
The recession in the construction industry eased in May, according to data from the Chartered Institute of Purchasing & Supply
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Take talk of green shoots with a pinch of weedkiller
The latest data from purchasing managers confirms that construction has been one of the worst affected economy areas
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Interest rate remains at 0.5%
Bank of England continues with quantitative easing as lowest-ever rate is unchanged
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Materials firm reports improvement
Trading conditions up and greater stability in sales during latest quarter for Low & Bonar
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Amec buys 11th environmental consultant
Canadian firm Journeax Bédard & Associates bought for £2m as Amec continues expansion of its environmental division
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Severfield-Rowen steels itself for cost reductions
Steel firm forecasts profit ahead of expectations for this year but warns of declining demand
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Homebuyer lending increases
Number of loans also rises as £5bn lending in April soars 56% from November low
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Construction recession eased in May
Figures show activity continues to decline but rate is weakest for over a year
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Pierse Contracting goes into liquidation
Decision to liquidate £28m-turnover subsidiary of developer Pierse Group follows creditors' meeting yesterday
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Keltbray cuts pay and staff in bid to ‘remain competitive’
Demolition contractor follows 90 redundancies with a 10% pay cut after a drop in new work
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Mergers and acquisitions fall 96% on 2007
The mergers and acquisitions market ground to a virtual halt in the first quarter of 2009, according to data from researcher Corpfin
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Telford looks on the bright side
Telford Homes has posted a 35% fall in pre-tax profit and scrapped its dividend but has given a bullish assessment of future prospects
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John Doyle turnover up 43%
John Doyle Construction, the Doyle Group’s concrete contractor, has posted a £1.7m profit from a turnover of £64.5m for 2008
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Empty shelves
Greg Fitzgerald explains why the chances to buy other firms are few and far between
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Citywatch: All fall down
April may have been a kind month for housebuilders and their withered share prices, but they do not seem to have bloomed in May
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McLaren pays up to £810,000 for Verry assets
Letter from administrator BDO Stoy Hayward to creditors reveals price paid by McLaren and justifies pre-pack administration option
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Wolseley reports continuing fall in markets
Materials firm says Nordic region, UK and Ireland showed particularly great levels of decline
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Bloor to avoid apartment building after £52m loss
Steering clear of this sector is one of a number of measures designed to put housebuilder on firmer footing