Finance ºÃÉ«ÏÈÉúTV – Page 266
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Construction insolvencies soar 35%
Leap in insolvencies since same time last year is the highest of all UK sectors
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OFT: no proof cover pricing inflated tenders by 10%
Competition body’s admission will make it harder for councils to claim damages from contractors
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Taylor Wimpey puts Taywood Construction on the market
Housebuilder hangs for-sale sign on contracting arm – despite speculation that it will raise no money
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SMC bullish despite downturn
Troubled architect SMC has said the deteriorating market conditions have not affected its workload.
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Skanska UK follows £41.5m loss with swift change of boss
A new chief executive has replaced David Fison at Skanska UK days after the company reported an operating loss of £41.5m.
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Royal Bam Group to rebrand HBG and Edmund Nuttall
Dutch-owned contractor HBG will rebrand to become Bam Construct UK later this year.
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Jarvis optimistic about financial results
Rail specialist reports increased levels of visibility in rail sector
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Economic crime hits 40% of firms working overseas
PricewaterhouseCoopers report reveals eastern Europe is a hotspot for corruption in construction
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Mitie eyes takeover targets
Facilities management group says it is open to acquisition opportunities due to strong cash flow
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UK pay at Laing O'Rourke rises 8%
Staff see average salary rise to over £41k according the company's human capital report for 2008
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HBG to rebrand as Bam Construct UK
Contractor will take new name in October as part of drive to raise profile of Dutch parent Royal Bam Group in UK
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Baqus prepares to buy QS Brian Hannaby
Recently listed AIM-listed consultant signs share option agreement with QS
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Travis Perkins predicts weaker trading as profit falls
ºÃÉ«ÏÈÉúTV merchant's half-year profit falls 3.2% despite increasing market share in merchanting and retail
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Boris Johnson merges Design for London
London mayor absorbs DFL into London Development Agency in bid to streamline operations
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Tender prices fall 2.4%
RICS survey shows price of construction work has dropped despite rising costs to the industry
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Government should guarantee mortgage market, says FSA
Report says government should guarantee billions of pounds of mortgage market bonds to revive market
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BSF delays are bad for economy, says CBI
Business group claims failures on £45bn school building programme are adding to economic problems
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WSP profits soar 43% as order book bulges
Consultant posts £23m pre-tax profit for first half of 2008, with turnover up 40%
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Architect SMC reports buoyant workload
Growth in public-sector and overseas contracts keeps firm busy as restructuring continues