Housing and property stocks hurt by Osborne's Budget buy-to-let and non-dom crackdowns
8th Jul 2015 15:57
London's housebuilders were hit by several measures unveiled by George Osborne in his Budget statement, with shares across the sector down in Wednesday afternoon trading. The Chancellor revealed measures to cut tax relief on mortgage interest for buy-to-let landlords, which was expected to take some
Read moreGalliford Try expects record result after housebuilding sales rate rise
8th Jul 2015 07:37
Construction group Galliford Try expected record full-year results after sales rates improved following the general election. In a trading update for the year to 30 June, Galliford said profit before tax would be toward the upper end of analysts' range. The company has a net debt of £20m, up from £
Read moreSunday share tips: Astrazeneca, Galliford Try, Grainger
5th Jul 2015 13:56
Buy shares in Astrazeneca said Questor in the Sunday Telegraph. The London-listed company is one of the foremost developers of cancer treatments in the world, especially in the exciting new field of immuno-oncology, which use the body's own immune system to recognise and destroy cancer cells. Analys
Read moreSunday share tips: Astrazeneca, Galliford Try, Grainger
5th Jul 2015 13:56
Buy shares in Astrazeneca said Questor in the Sunday Telegraph. The London-listed company is one of the foremost developers of cancer treatments in the world, especially in the exciting new field of immuno-oncology, which use the body's own immune system to recognise and destroy cancer cells. Analys
Read moreGalliford Try wins Canning Town housing development contract
30th Jun 2015 07:55
Housebuilding and construction group Galliford Try said on Tuesday that it has signed a development agreement with the Greater London Authority to secure planning and construct the Silvertown Way developments in Canning Town, East London. The proposal will create more than 1,100 mixed tenure homes a
Read moreSector movers: Miners weigh on FTSE, real estate continues to rally
19th May 2015 17:27
Industrial metals and mining provided the biggest drag on the FTSE on Tuesday, with giants BHP Billiton and Rio Tinto registering some of the biggest losses. BHP Billiton, by the far the UK's biggest miner, extended Monday's decline, which was driven by the disappointing Australian debut of its spin
Read moreGalliford Try on track to meet expectations after solid start to 2015
13th May 2015 08:14
Housebuilding group Galliford Try said business had been strong across all of its division so far in 2015. In a statement on Wednesday, the London-listed company said it had £982m in sales reserved, £778m of which are due within its financial year to 30 June, contracted or completed across it Linden
Read moreGalliford Try wins two public sector contracts worth £55m
7th May 2015 08:10
Construction group Galliford Try has been appointed to carry out two new building contracts in the education sector worth a combined £55m. The company's building business has reached financial close on the £38m Hull and East Riding batch under the first phase of the government's Priority School Buil
Read moreGalliford Try reshuffles its executive ranks
30th Apr 2015 08:34
Peter Truscott has been appointed as the new chief executive of Galliford Try, the construction and housebuilding company confirmed on Thursday. Truscott, who is currently the head of the South of England operations at housebuilder Taylor Wimpey, will begin his new role on 1 October, replacing outgo
Read moreGalliford Try JV wins £560m deal with Scottish Water
22nd Apr 2015 08:37
Housebuilding company Galliford Try has been appointed as preferred bidder by Scottish Water for its non-infrastructure Quality and Standards IV framework. The FTSE 250 group said that, along with MWH Treatment and Black & Veatch, its infrastructure business will oversee design and build projects fo
Read moreLondon pre-open: Subdued start expected as UK Budget and Fed meeting loom
18th Mar 2015 07:43
UK stock markets are set for a quiet start on Wednesday morning as investors await two key risk events - the UK Budget statement and the Federal Reserve's latest policy decision. City sources predict the FTSE 100 will open more or less flat on Tuesday's close of 6,837.61. "The UK Budget and the FOM
Read moreGalliford Try wins place on £3.9bn public sector framework
18th Mar 2015 07:06
Galliford Try has won a place as one of several companies on a £3.9bn public sector framework contract for the south of England. The FTSE 250 housebuilding and construction group has been picked as one of six contractors who can win jobs across all three parts of the government's Southern Constructi
Read moreGalliford Try wins £160m schools contract under new government model
11th Mar 2015 07:26
Galliford Try has closed on a £160m contract under the government's new private finance aggregator model to build schools in the North East and North Wales. The contract with the Education Funding Agency over the priority school building programme batch for north-east England and with Flintshire Cou
Read moreSector movers: CRH and Balfour Beatty drag construction/materials stocks lower
9th Mar 2015 14:31
Construction and material stocks were under the weather on Monday, with the sector being dragged lower by heavyweights CRH and Balfour Beatty. CRH, which is set to pick up assets worth €6.5bn from Holcim and Lafarge as part of the cement companies' planned merger, was trading 3.5% lower after weeken
Read moreFTSE 250 movers: Centamin lower on Alecto Minerals split, De La Rue strong on potential bid
18th Feb 2015 13:52
Centamin was in the red after revealing it was pulling out of its joint venture with Alecto Minerals in Ethiopia. Results from its 2014 drilling programme, which included 25 diamond drills holes at Wayu Boda, and the analysis of surface work carried out during the year will be handed to Alecto when
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