All Finance articles – Page 237
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Severfield-Rowen steels itself for cost reductions
Steel firm forecasts profit ahead of expectations for this year but warns of declining demand
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Homebuyer lending increases
Number of loans also rises as £5bn lending in April soars 56% from November low
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Construction recession eased in May
Figures show activity continues to decline but rate is weakest for over a year
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Pierse Contracting goes into liquidation
Decision to liquidate £28m-turnover subsidiary of developer Pierse Group follows creditors' meeting yesterday
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Empty shelves
Greg Fitzgerald explains why the chances to buy other firms are few and far between
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Telford looks on the bright side
Telford Homes has posted a 35% fall in pre-tax profit and scrapped its dividend but has given a bullish assessment of future prospects
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Keltbray cuts pay and staff in bid to ‘remain competitive’
Demolition contractor follows 90 redundancies with a 10% pay cut after a drop in new work
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Citywatch: All fall down
April may have been a kind month for housebuilders and their withered share prices, but they do not seem to have bloomed in May
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John Doyle turnover up 43%
John Doyle Construction, the Doyle Group’s concrete contractor, has posted a £1.7m profit from a turnover of £64.5m for 2008
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Mergers and acquisitions fall 96% on 2007
The mergers and acquisitions market ground to a virtual halt in the first quarter of 2009, according to data from researcher Corpfin
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McLaren pays up to £810,000 for Verry assets
Letter from administrator BDO Stoy Hayward to creditors reveals price paid by McLaren and justifies pre-pack administration option
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Wolseley reports continuing fall in markets
Materials firm says Nordic region, UK and Ireland showed particularly great levels of decline
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Bloor to avoid apartment building after £52m loss
Steering clear of this sector is one of a number of measures designed to put housebuilder on firmer footing
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Profit up 4% at plumbing group BSS
Preliminary results also show 4% rise in turnover at plumbing and mechanical ventilation firm
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Property experts reject housing optimism
Jones Lang LaSalle says house prices could plunge 14% this year and continue to fall in 2010
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Heidelberg puts £1bn price tag on Hanson UK
German parent is said to be actively seeking bidders for UK materials firm
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Interserve seals £270m Enniskillen hospital PFI
A constortium headed by Interserve will build the acute hospital and provide facilities management for 30 years
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Gleeson's gloom
In a trading update, housebuilder and regeneration specialist MJ Gleeson has warned of further land writedowns in 2009 and said there was no sign of an improvement in the market.