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Costain Group PLC news

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COST 278.00 -0.75 (-0.27%)
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Bournemouth council's predicted saving figure cut by �43m
Bournemouth council has reduced its �120m saving prediction by a third, less than a year after implementing their transformation programme.
Costain forms water joint venture with Severn Trent
Severn Trent Costain managing director Wayne Earp said: �Large companies are facing a confusing �perfect storm� of environmental pressures, constantly-changing legislative requirements, and financial and administrative obligations at a point in the ...
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Doyle 'was owed �5m' before collapse
The group - which had built a reputation as one of the country's leading concrete contractors - was passed to administrators Deloitte, and 262 staff were made redundant.
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Administrator in talks to sell parts of Doyle
Joint administrator Richard Hawes said: �The group has suffered a prolonged period of difficult trading which has resulted in it being unable to meet its financial obligations.
BGF INVESTS �3 MILLION IN SURREY-BASED CENNOX PLC GROUP OF ...
Business Growth Fund (BGF), established to help the UK's fast growing smaller and medium sized businesses, today announced an investment of �3 million of growth capital in the Cennox Plc group of companies (including ATM Parts and Mainet) which ...
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Berkeley settled Carey ageism case to avoid paying millions more, says Pidgley
Berkeley's co-founder and former group MD Mr Pidgley said the dispute with Mr Carey had followed a disagreement on strategy and succession at St George.
DS Smith shares rise after strong full-year results
... announced, and our track record of delivering sustainable returns in challenging market conditions. �Accordingly, the board views the prospects for the enlarged group in the coming year with confidence and expects to make continued progress," he added.
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Carillion criticised for late payment of subcontractors
We're a small limited company and they are a worldwide plc.� ... Specialist Engineering Contractors Group chief executive Rudi Klein said: �The government's maximum payment times for tier-one suppliers is 19 days; for tier-two suppliers it's 23 days ...
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Westwing Raises $50 Million in Financing Round Led by Summit
We are very pleased to have Summit Partners join our group of shareholders, and we will benefit from their substantial experience.
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Mouchel still pondering fundraising options
Shares in Mouchel, which rejected a 330 million pounds takeover bid from VT Group in 2010 and further bids from Costain (COSG.L) and Interserve (IRV.L) last year, closed at 5.8 pence on Friday valuing the business at around 6.6 million pounds.
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