Finance News 鈥� Page 190
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NewsCollapsed firm Banner 'had just 拢6,000 in bank'
Creditors 鈥檔ot very likely鈥� to get paid, as contractor blames demise on Vi帽oly鈥檚 Colchester arts centre
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NewsMace warns of disruption as small firms go to the wall
Contractor posts soaring profit but deputy chief executive predicts supply chain woes ahead
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Atkins鈥� North American acquisition triggers share price jump
The City has hailed Atkins鈥� 拢178m acquisition of Florida-based consultant PBSJ this week, which has boosted the firm鈥檚 North American business to more than eight times its current size
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Mouchel shares tumble as consultant downplays profit
Shares in consultant Mouchel fell 5% on Tuesday morning after the firm said profit would be at the 鈥渓ower end of expectations鈥� when it reports annual results next month
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NewsBritish Land asset growth slows
Lack of available finance and fears of a double dip recession puts brakes on office market recovery
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NewsConnaught lenders start selling loans
Barclays is one of the banks selling their Connaught loans to hedge funds specialising in distressed debt
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NewsLloyds writes off 拢3bn from property portfolio
Banking group鈥檚 six-month figure 鈥檇riven鈥� by acquisition of HBOS real estate book
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NewsTaylor Wimpey to widen refinancing talks
Housebuilders says it will to talk to more lenders about securing a refinancing deal as it reveals 拢19.6m half-year profit
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NewsMace profits soar by 30%
The contractor building the Shard increases pre-tax profit by 30% to 拢19.3m
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NewsAtkins buys US consultant for 拢178m
PBSJ has a turnover of 拢518m and employs around 3,500 people in the States
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NewsBidders prepare to pounce on stricken Connaught
Social housing contractor in crisis talks with banks as suppliers report tenfold rise in late payments
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NewsIndian tycoon swoops to save McCabe with 拢300m
Irish contractor behind 拢110m London skyscraper will give investment company a 50% stake
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Crest Nicholson owners to refinance after rejecting Horizon
Crest Nicholson鈥檚 banks have begun work on a refinancing deal after effectively ditching plans to sell the housebuilder to Horizon, the listed bid vehicle of the former Pizza Express owner Hugh Osmond
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RICS: Commercial demand falls
Demand for commercial property in the UK has dropped for the first time in 12 months, according to the RICS
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Labour鈥檚 Treasury unit 鈥榬evived PFI 鈥� but at high cost鈥�
The Labour government committed an extra 拢1bn to PFI schemes last year as it attempted to kickstart the private financing of infrastructure projects, auditors have found
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NewsTravis Perkins profit up 24%
Turnover rises 5% to 拢1.5bn as builders merchant looks to complete BSS purchase
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NewsFSA to investigate Connaught
Financial Services Authority to investigate troubled social housing company according to reports
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NewsPFI emergency plan will cost extra 拢1bn
Treasury Infrastructure Finance unit helped kickstart PFI in 2009 but it will cost public sector up to another 拢1bn over next 30 years
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NewsDemand falls for commercial property
RICS report shows lettings for business property slipped in second quarter of this year