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News in the Building And Construction sector
The directors of London-based building firm Harry Neal have agreed to place the company into voluntary receivership after a winding-up petition was lodged against it last month.
It's believed they held a series of meetings this week to dis [more]
Lancsville Construction Ltd has gone into administration leaving over 200 staff at risk of losing their jobs. [more]
Torith Limited, a Tayside-based long-established construction firm, which also runs civil engineering and property development businesses, has entered administration with the loss of over 80 jobs. [more]
A property developer has gone into administration with debts of £100m, leaving 500 investors potentially out of pocket by up to £20 [more]
Construction materials group Ensor Holdings has put its timber and fencing business Hawkins-Salmon Ltd into administration after a prolonged spell of poor performance. [more]
Mann Construction has entered voluntary administration due to the effects of the credit crunch on the business and, likewise, the entire building and construction sector. [more]
Wrekin Construction Group has gone into receivership today with the immediate loss of 530 jobs. Accountants Ernst & Young are to act as receiv [more]
Land Securities, Britain’s largest real estate investment trust, promised to raise more cash by selling off assets. As the sector faces "one of the most challenging periods in gene [more]
Duncarse Limited and Duncarse Riverside Limited, the developer behind the construction of a £40m luxury housing block on the riverside in Dundee, has gone into administration.
PricewaterhouseCoopers have been [more]
Flintshire-based construction company David McLean Holdings Ltd has fallen into administration due to the property downturn. There is also speculation that the business was loss-making. [more]
The construction arm of Time and Tide Homes Ltd has recently gone into administration. The owners of the apparently controversial Halton Mills site on the outskirts of Lancaster had been feeling the strain of the credit crunch. [more]
Britain’s largest proposed offshore wind farms are to be sold off less than a year after the Christofferson Robb hedge fund purchased the proj [more]
One of Scotland's longest established building companies, Watson Construction Group, has gone into administra [more]
Minerva, one of London's largest property developers who is subject to a takeover attempt by the sovereign wealth fund, Limitless, is looking to sell off part or all of its largest development - Park P [more]
Barratt Developments, the UK-based residential construction group, is considering its options for Wilson Bowden Developments business. [more]
Flowcrete, the UK-based flooring company, may possibly sell for £35 million (EUR 47m), according to rep [more]
The last remaining two areas of land still in Ministry of Defence ownership on the former RAF West Raynham base, near Fakenham, are being sold off. [more]
The housebuilding and construction empire Miller Group may be heading for a sale after members of the Miller family have appointed Ernst & Young to conduct a strategic review of the busin [more]
Construction company Kier Group is reportedly looking at options for its pension scheme, which could include a sale. Kier is thought to be keen to keep the scheme open to existing members as part of an effort to retain staff prior to the 2012 Olympics, however the decision is part of an attempt to reduce the company's liabilit [more]
Bovis Homes Group PLC has acquired Elite Homes Group Limited from its existing directors and related trusts for a cash consideration of £25.7m, plus assumption of £46.2m of [more]
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