Finance News – Construction
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Economic bounceback may be under way but Reeves cannot afford to relax
The recent modest increase in economic output indicates some recovery momentum, but ongoing challenges remain for policymakers to ensure sustained financial stability and growth.
Read Full Article →A look inside JPMorgan's soaring new office tower — and all its high-end perks
JPMorgan's investment in a newly constructed, state-of-the-art headquarters reflects a strategic move to enhance its corporate presence and potentially drive long-term financial gr...
Read Full Article →UK property bodies form build to rent alliance: ‘Planning reform is not enough’
The collaboration between prominent UK property organizations seeks to enhance investment appeal and address financial and development obstacles in the build-to-rent market beyond...
Read Full Article →Friday’s analyst upgrades and downgrades
Recent adjustments in analyst ratings have influenced the market outlook for companies like Aritzia and several North American construction firms, potentially affecting their inves...
Read Full Article →Galliford Try ‘well-positioned’ to benefit from government spending
Galliford Try anticipates stronger-than-expected profits this year as it capitalizes on increased public investment in affordable housing, infrastructure, and regulated sectors suc...
Read Full Article →What does the new deadline for an embattled Brisbane casino mean?
The revised timeline for the Brisbane casino project could impact investor confidence and market dynamics, as the company’s stock previously surged with construction progress but n...
Read Full Article →Minister argues backing out of $34b project would fail a growing city
The $34 billion suburban rail project is financially important because it supports urban growth and requires secured funding commitments from both the Commonwealth and private deve...
Read Full Article →Disposable income per head slumps despite economic growth
Although the UK experienced modest economic expansion driven by production, services, and construction sectors, individual earnings available for spending or saving declined notabl...
Read Full Article →The golden unicorn of homes that could solve the housing crisis
Large residential units are increasingly in demand, and experts suggest that developing more of these spacious apartments could play a crucial role in addressing the challenges wit...
Read Full Article →Retail and construction lead insolvencies as UK firms in ‘perilous position’
A significant proportion of recent company failures in the UK have originated from the wholesale, retail, and building sectors, highlighting ongoing financial challenges within the...
Read Full Article →Morgan Sindall: Shares in FTSE 250 firm hit record high amid profit boom
Morgan Sindall experienced a notable increase in its stock value following an announcement that its yearly earnings are expected to substantially surpass initial forecasts, reflect...
Read Full Article →WA political veteran Vince Catania takes the reins at Hastings
Vince Catania’s appointment as CEO is expected to enhance Hastings Technology Metals’ efforts to secure funding and successfully complete the development of its Yangibana rare eart...
Read Full Article →Google battling ‘fox infestation’ on roof of £1bn London office
The unexpected presence of foxes tunneling in the rooftop garden has caused minor disruptions during construction, potentially affecting timelines and incurring additional costs fo...
Read Full Article →Sizewell C nuclear power plant ‘could get go-ahead within weeks’
Approval of the new nuclear facility in Suffolk may lead to significant investment and job creation, impacting energy infrastructure and economic growth through partnership between...
Read Full Article →Government slashes red tape to tackle housing crisis
Reducing regulatory barriers aims to accelerate housing development by smaller firms, potentially lowering costs and increasing availability, which could influence market dynamics...
Read Full Article →Operator says he's lost $45K in one month due to Canberra light rail construction
The business owner reported significant monthly revenue declines linked to local infrastructure work, prompting government measures aimed at supporting affected enterprises within...
Read Full Article →UK construction crumbles in April as ‘bumpy ride’ continues
The continued decline in UK construction output over several months highlights ongoing challenges that may affect investment returns and economic growth within the sector in the ne...
Read Full Article →Construction firm insolvencies rise to fresh high amid rising costs
An increasing number of construction companies have faced financial failure recently due to escalating expenses, leading to a record level of insolvencies and signaling significant...
Read Full Article →Serious Fraud Office makes three arrests after dawn raids in bribery investigation
The investigation into alleged bribery involving Blu-3 and Mace Group could have significant financial implications, affecting business operations and reputations within the constr...
Read Full Article →Rio2 aims for early 2026 gold pour as Chile mine build ramps up
Rio2 Ltd is advancing its Fenix Gold heap leach project in Chile, with construction at 19 percent completion and on budget, aiming for its initial gold production by early 2026.
Read Full Article →Dow delays plans for $8.9B net-zero project in Alberta's Industrial Heartland
Dow has postponed the construction of its $8.9 billion net-zero petrochemical project in Alberta, citing the need for improved market conditions, according to company CEO Jim Fitte...
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