All Finance articles – Page 173
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Construction output fell in January
Data released by the ONS today shows output in January was below that in December
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Marshalls’ profits up despite £11m winter hit
Landscaping group says it is looking to build activities overseas
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Interserve profits fall
Interserve’s profit fell 28% last year despite an improvement in the second half.
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Mitie creates mobile facilities management division
The new division will be called National Mobile Services
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Treasury committee launches inquiry into future of PFI
Review will establish if it is a suitable method of delivering projects
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OFT may appeal tribunal fines cut
Competition body to “consider” appeals tribunal decision to cut bid-rigging fines by 90%
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Balfour Beatty rules out major acquisitions
Firm wants to focus on ’augmented organic growth’ and PPP markets in the US and Canada
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ISG boss says London fit-out will not recover till 2012/13
Warning comes despite contractor’s profit rising 73% on £150m sales increase
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Enterprise loses chief executive Neil Kirkby
Firm refuses to comment as chair Owen McLaughlin takes temporary control
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Interserve profit falls 28%
Improvement in second half fails to stop hefty fall in year-on-year profit
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Treasury launches PFI inquiry
The Treasury said today it will look into the role of PFI and how it is accounted for
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ISG turnover up a third
Strong growth in the firm’s London fit-out division boosts turnover in the first half
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Construction insolvencies down in January
205 building and construction firms went into liquidation during January, compared to 218 in January 2010
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New construction orders up 3% in Q4
But public sector spending supported recent growth ahead of cuts kicking in
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Features
Country focus: Saudi Arabia
Investment opportunities are rife in Saudi Arabia at the moment, thanks to a growing economy and population. Colin Morris from EC Harris, reports