All articles by Tom Bill – Page 17
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William Verry boss lines up senior role at Leadbitter
John Gibson is advising contractor on plan to take over £80m Oaklands college job in St Albans
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Buyers back away from HBOS social housing sell-off
Bank’s hopes of disposing of stakes in Apollo and Keepmoat hindered by £1.2bn price paid in 2007
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Balfour to create single £500m rail business
Balfour Beatty is planning to restructure its rail operations to create a £500m-turnover business
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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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London faces new-build housing shortage
There is no oversupply of new-built apartments in the capital according to Savills
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House prices rose 1.2% in May
Annual rate of decline eased from 15% in April to 11.3% in May according to Nationwide
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Persimmon appoints Fairburn as executive director
Housebuilder appoints northern chief executive to the board
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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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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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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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Renew relies on specialist engineering to weather downturn
Brian May, the chief executive of Renew Holdings, has said the company will increase its reliance on the specialist engineering division as a result of the recession
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'Massively overstretched' banks stall WYG rescue bid
Consulting engineer forced to wait to cut rescue deal with three lenders, as it slashes 300 more jobs
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Fate of Verry jobs still in the balance
The confusion surrounding McLaren’s bid to take over the contracts of Verry Construction grew this week
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Crest turnover to fall by one-third in 2009
Stephen Stone, chief executive of Crest Nicholson, has said the recession will slash turnover by a third in 2009
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Galliford Try to enter Qatar
Contractor/housebuilder to branch out into Middle East to offset downturn and hopes to start first project this year
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MJ Gleeson warns of further writedowns in 2009
Housebuilders says there is no sign of improvement in the market and does not expect revenue of second half of year to exceed first half
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McLaren to cherrypick Verry Construction’s best jobs
Main contender for takeover rejects wholesale purchase as Leadbitter picks up £80m college contract
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Revealed: behind the scenes of the Taylor Wimpey debt deal
The housebuilder concluded its marathon refinancing deal at the end of last month. Here, a senior banker tells Tom Bill the inside story of nearly a year of late-night meetings, increasingly fraying nerves and, finally, an agreement
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Banks lean on Barratt to raise £300m-plus from rights issue
Barratt has come under increased pressure from its lenders to raise cash through a rights issue in the wake of Taylor Wimpey’s success in raising £510m last week