Finance ºÃÉ«ÏÈÉúTV – Page 255
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ºÃÉ«ÏÈÉúTVConstruction shares fall 4%
Market mood worsened by production figures from US and weak construction output data in UK
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ºÃÉ«ÏÈÉúTVBalfour Beatty boosted by strong infrastructure growth
Robust performance over last four months thanks to strength in infrastructure but development market slows
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ºÃÉ«ÏÈÉúTVMagellan Residential goes into administration
Yorkshire housebuilder will attempt to sell business and ongoing or completed sites
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ºÃÉ«ÏÈÉúTVSocial housing keeps Mears finances solid
Results on track and group growing strongly, thanks to public sector client base
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Westminster pledges £100m recovery package
Council announces range of measures to help recession-hit Londoners
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ºÃÉ«ÏÈÉúTVPidgley and Ronson blame banks for housebuilder debt
Chief executives warn recovery may take years following ‘greed driven’ culture of excessive lending
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ºÃÉ«ÏÈÉúTVCredit crunch spreads to medium-sized housebuilders
£254m-turnover David McLean is pushed under by £100m debts, joining £131m-turnover Taggart
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ºÃÉ«ÏÈÉúTVPersimmon confident of lenders’ support
Persimmon has said lenders will take a supportive stance during refinancing talks next year despite the market downturn, writes Tom Bill.
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Kier forms one-stop FM arm
Kier has reorganised its facilities management arm by merging Kier Managed Services with Kier ºÃÉ«ÏÈÉúTV Services Engineers.
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£873,000 bonus for Wolseley bosses despite job losses
Wolseley bosses awarded themselves £873,000 in bonuses this year, despite announcing more than 10,000 job losses.
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Baqus says downturn will help two-acquisitions-a-year plan
Listed consultant Baqus has said the credit crunch will help its acquisition plans
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ºÃÉ«ÏÈÉúTV$25bn rescue plan for Hungary
IMF, EU and World Bank pledge aid over 17 months to save nation’s economy
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ºÃÉ«ÏÈÉúTVUS markets leap on hope of interest cut
Upbeat trading across the globe follows speculation that central banks are about to cut rates
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ºÃÉ«ÏÈÉúTVKier merges divisions to form FM business
New facilities management business will be known as Kier Facilities Services
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ºÃÉ«ÏÈÉúTVºÃÉ«ÏÈÉúTV launches business blog
Financial blog features news, gossip and up-to-date share prices for over 30 construction stocks
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ºÃÉ«ÏÈÉúTVDavid McLean goes into administration
The contractor arm of the £130m-turnover developer is to close while the housebuilding division goes up for sale
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ºÃÉ«ÏÈÉúTVCyril Sweett and Miller seal £80m Scottish PPP
The e4i group reaches financial close on school scheme for Inverclyde Council
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ºÃÉ«ÏÈÉúTVPersimmon hit by £600m writedown
Further deterioration in market forces Persimmon to writedown land for second time this year
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ºÃÉ«ÏÈÉúTVRecession will hit the UK
As the economy shrinks for the first time in 16 years and shares plummet, recession is a certainty