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Redrow’s Morgan bows out on a high

Redrow’s Morgan bows out on a high

House-builder Redrow has shown single digit growth in profits and revenue for the first half of its current financial year.House-builder Redrow has shown single digit growth in profits and revenue for the first half of its current financial year.Read Full Article: The...
HS2: Winners on £3bn London stations contracts revealed

HS2: Winners on £3bn London stations contracts revealed

The contractors chosen to build HS2’s London Euston and Old Oak Common stations have been announced source https://www.constructionnews.co.uk/companies/clients/hs2/hs2-winners-on-3bn-london-stations-contracts-revealed/10039675.article
Interserve agrees £480m debt-for-equity swap

Interserve agrees £480m debt-for-equity swap

Interserve has provisionally agreed a deal with its lenders to swap £480m of its debt for new equity. source https://www.constructionnews.co.uk/companies/contractors/interserve/interserve-agrees-480m-debt-for-equity-swap/10039696.article
Interserve agrees rescue deal terms with banks

Interserve agrees rescue deal terms with banks

Interserve has agreed principles of a debt for equity rescue deal with its lenders. Debbie White, CEO of Interserve, said: “Agreeing the key commercial terms of the deleveraging plan with our lenders, bonding providers and Pension Trustee is a significant step...
BCEGI confirmed for next phase of £1bn Middlewood Locks

BCEGI confirmed for next phase of £1bn Middlewood Locks

BCEGI has been confirmed on phase two of the £1bn Middlewood Locks development in Manchester. Developers Scarborough International Properties Limited and FairBriar International worked with the Chinese contractor on the first phase which was completed last October....