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FT.com - Construction
  • Many bright spots forming on infrastructure horizon
    Infrastructure sales and investment are surprisingly buoyant in the post-financial crisis period

  • New homes data spell declining market
    The recovery in house building appears to have halted as an industry survey, which measures the number of people reserving new homes to buy, dropped to its lowest level on record

  • UK house building recovery slows
    Data from the Office for National Statistics show that demand for residential developments fell 24% during the three months to July, while government-funded housebuilding dropped by 23%

  • Building group stands by its jobs policy
    Laing O'Rourke restates the importance of its 'human capital' despite making cuts, arguing that it seeks to employ its own staff rather than farming the project risk to smaller companies

  • Laing O'Rourke slims to half its size
    The UK's largest non-listed building and engineering group slashed more than 17,000 jobs during 2009 due to the sharp pace of decline in the Middle East's construction sector

  • Bouygues cuts jobs after road-building losses
    French conglomerate to axe 2,400 from its workforce after government spending cuts and project cancellations in central Europe hit its construction arm

  • China Railway discusses high-speed projects
    Chinese construction group is in South African talks to bring first dedicated high-speed rail line to sub-Saharan Africa

  • US housing woes compound job fears
    Concerns that the depressed US housing sector will remain a drag on the US labour market have mounted following the loss of nearly 120,000 jobs in construction and related businesses in the last three months for which statistics were available

  • Building industry holds key to rebuilding US jobs
    The ability of those in the hardest hit industry to find work is crucial to the nation's future, writes James Politi


  • Builders target Asia for London house sales
    London's biggest housebuilders are increasingly targeting cash-rich Asian investors as the demise of the buy-to-let market in the UK forces them to generate new custom from overseas

  • Marshalls' profits almost double
    The UK's biggest paving and hard landscaping group seeks to allay concerns about the impact of government spending as demand for office buildings had taken its order book back to pre-recession levels

  • Carillion eyes Gulf states for growth
    Carillion brushed off concerns about cuts to government spending and outlined plans to generate the bulk of its revenues abroad by tapping into the multibillion-dollar construction and outsourcing needs of the Middle East

  • Severfield-Rowen interim profits fall
    Shares in the UK's leading supplier of construction steel hold their ground in spite of a 75% fall in interim profits and a prediction from its chief executive of a shake-out in the sector

  • Indian builder creates new WEF HQ
    Extension more than doubles size of the Geneva offices of WEF and was built by a Swiss company acquired this year by Hindustan Construction Company

  • Resumed dividend shows Persimmon's confidence
    UK's largest housebuilder by market value has reinstated its interim dividend and written back the value of its land, underlining confidence in the recovery of the property market

© Copyright The Financial Times Ltd 2010. "FT" and "Financial Times" are trademarks of the Financial Times. See http://www.ft.com/servicestools/help/terms#legal1 for the terms and conditions of reuse. | Date published: Sun, 5 Sep 2010 20:26:03 +0100
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