Morgan Sindall consortium closes on £187m contract
26th Jun 2009 09:36
Construction firm Morgan Sindall said Access Consortium, comprising Morgan Sindall Investments and Hochtief PPP Solutions, has achieved financial close on a 28-year, £187m contract to deliver a public service hub for Wigan Council. Morgan Sindall and Hochtieff each share a 50% interest in the cons
Read moreLondon close: Footsie closes flat
18th Jun 2009 16:34
A late afternoon rally fizzled out to leave Footsie little changed after a volatile day. Economic stories dominated the news with mixed data in the UK offset by better than expected intial jobless figures in the US. UK mortgage lending eased in May from the month before and was 58% lower than the
Read moreLondon afternoon: US rally lifts Footsie
18th Jun 2009 15:03
Better than expected US dole queue figures have lifted Footsie in the afternoon session, despite very mixed economic data here at home. Mortgage lending eased in May from the month before and was 58% lower than the same time last year, figures showed today. The Council of Mortgage Lenders (CML) s
Read moreLondon midday: Economic data knocks retailers
18th Jun 2009 12:02
Leading shares drift lower after disappointing retail sales and weaker mortgage lending in May. The economic data proved to be a double-whammy for DIY retailers Home Retail and Kingfisher, which feature prominently among the main fallers. Elsewhere in the retail sector fashion chain Next and Currys
Read moreLondon pre-open: Stocks to edge higher
9th Jun 2009 07:40
Last night's late recovery in Wall Street is set to give London a modest boost this morning. The FTSE 100 is predicted to open up about 15 points as the Dow Jones erased an earlier 100-point deficit to close just in the blue. Heritage Oil is merging with Turkish exploration and production group Ge
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