Finance ɫTV – Page 275
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PRP profit leaps 80%
PRP Architects has posted an 80% jump in pre-tax profit from £246,000 to £443,000 for the year ended 30 September 2007.
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Davis Langdon restructures to pre-empt takeover offers
Consultant Davis Langdon is to restructure its business to target “huge opportunities” in programme management and deter suitors for the £300m-turnover firm.
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Balfour Beatty to raise £180m for acquisitions
Share placement will raise cash as contractor says 2008 results will be at top end of expectations
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Land Securities' pre-tax profit hit by market conditions
Property giant optimistic despite £888m pre-tax loss revealed in preliminary results
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Keller says trading remains strong
Ground engineering firm says UK order book boosted by foundations contract on Olympic Stadium
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Redrow reports housing reservations down by half
Housebuilder points to unexpected severity of market downturn since February
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Galliford Try issues profit warning
Housing market turmoil brings down contractor's expectations but profit still likely to be level with last year
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Poor housing sales sees Oakdene raise £9.75m in share issue
South east housebuilder Oakdene sees pre-tax profit fall 33% to £5.5m after "difficult market situation"
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Bank of England holds interest rates at 5%
Decision not to cut the cost of borrowing will disappoint housebuilding and property sectors
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Henry Boot issues upbeat trading statement
Construction Group says its 2008 performance will be in line with expectations
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WSP's order book hits record £1.2bn
Consultant's trading update reveals large highways jobs and international wins
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Jarvis considers 'all strategic options'
Company says talks are not taking place with Balfour Beatty and First Engineering despite rumours
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Carillion boasts cost savings after Alfred McAlpine takeover
Trading update says £544m acquisition has improved growth prospects of the business
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Cost of construction work rises sharply
BCIS says tenders in last quarter of 2007 rose above inflation despite credit crunch
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Switch from competitive tendering saves council £120m
Birmingham's construction partnership has created millions in efficiency savings, calculates new report
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BSF bid costs could be cut by 30%
Government approves proposals intended to cut the cost of bidding on the ɫTV Schools for the Future programme
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Bovis warns of “significantly lower” half-year results
Mortage market crisis and credit crunch coverage blamed for 30% fall in reservations in 2008
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T. Clarke sales on target
M&E firm makes confident prediction about revenue in London over coming financial year
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Construction confidence falls to ten-year low
Purchasing index reveals reduction in activity in housing, commercial and civil engineering in April
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14% of firms could go under
One in seven construction companies could disappear if the market downturn deepens, a report has warned.