Finance News – Page 206
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Citywatch: Back home
Steve Morgan, the returning chairman of Redrow, kept journalists, analysts and investors entertained last week with his take on the planning system, Tory housing policy and the reasons he bought his firm back last year
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Telford Homes plans £7.5m share issue to fund private development
Housebuilder says 2012-linked regeneration provides good opportunity to build in east London
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VT rejects increased Babcock offer
VT group says offer was 'only a small improvement' on Monday's offer
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Lancsville staff suspected as equipment goes missing
1,000 creditors, owed £23m, are unlikely to get anything if failed contractor’s plant is not found
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‘Era of huge paycheck over’ as Milne boss cuts pay to £1.4m
Salary of former highest paid director slashed by a third last year, while company makes loss of £27m
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Jarvis predicts £5m operating loss
'Considerable' fall in rail and plant work hits trading at infrastructure and support services specialist
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Wrekin's ruby sold at knock-down price
Failed housebuilder's 10,700-carat Gem of Tanzania auctioned off at one-thousandth of earlier valuation
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NHS trusts 'astonishingly' erratic on prompt payment
Survey reveals one in five trusts pay only 1% of bills within 10-day target period set to help small firms
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Aldar reveals £87m loss in fourth quarter
Abu Dhabi’s biggest developer says weak results were mainly down to failing to sell any land from October to December
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VT rejects surprise Babcock bid
Babcock says decision to turn down offer of 507.6p a share is 'disappointing'
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Mouchel confirms increased offer from VT
After putting its 260p bid for the consultant on ice, VT Group ups the offer to 294p per share
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Construction project starts down 8% on last year
Snow delays works on site with activity particularly weak in non-residential sector
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Two Cornwall firms cease trading
Darren Healey ΢ÃÜȦ Contractors and Highgrove Homes (South West) had bad debt of £800,000
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Jarvis hires former Laing O'Rourke director
Phillips Price to become managing director of rail and plant divisions
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Redrow boss slams Tory localization plans
Steve Morgan claims scrapping regional planning targets is like 'putting mice in charge of the cheese cupboard'
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Two US firms vie to take over Davis Langdon
Partners of UK’s second largest QS meet to vote on proposals for acquisition by Aecom or Jacobs
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Happy new year for Balfour as it dominates in January
Barometer:Â Blackburn schools win takes firm to top of construction list for first time in eight months
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McLaren set to profit from slump
Kevin Taylor, chairman of McLaren Construction, has said the firm has an £18m war chest to buy struggling rivals
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Skanska back in black
Skanska UK has announced broadly flat turnover of £1.5bn for the year ended 31 December 2009
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Bellway warns on sales
Bellway has warned that the spring selling season will show that the housing market has not yet recovered from the crash. In a trading update for the six months to 31 January, the firm said first-time buyers were still hamstrung by the level of deposits required for a mortgage