Connaught News
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28-09-2010
An upturn in the US buoyed sentiment on this side of the Atlantic too, helping Footsie to finish in the blue after a choppy day.
28-09-2010
Expectations of a firm start on Wall Street have lured buyers back into the market in London and the blue-chip index ended the lunch time session barely changed on the day.
28-09-2010
Confirmation that the UK economy grew 1.2% in the second quarter, its fastest pace in nine years, has done little to quell concerns about future economic growth, both here and abroad, and that prompted a subdued mood in London in the morning session.
28-09-2010
Shares are under pressure this morning as company updates and continuing global economic worries keep traders' nerves on edge.
28-09-2010
London is heading lower led by Thomas Cook after a gloomy update, while miners and banks are also under pressure after a weak finish on Wall Street overnight.
14-09-2010
Connaught's administrators flagged another 700 redundancies at the builder's social housing maintenance business yesterday.
13-09-2010
Financial regulators have reached a deal to force global banks to double the spare cash they hold in the biggest shake-up since the economic crisis nearly brought down the system, the Telegraph reports.
10-09-2010
Modest gains on Wall Street failed to spur London into action and the leading share index closed just a few points higher.
10-09-2010
We're little changed from last night's close as Wall Street opens, with a largely bright financials sector offset by mostly weaker commodity plays.
10-09-2010
On a quiet day on the company news front Footsie is flat, with banks advancing on hopes that new banking rules announced this weekend will be favourable, but miners falling back.
10-09-2010
London is yet to find any sense of direction today with little in the way of company news to stimulate interest.
10-09-2010
London has opened flat with little sign of that changing after a lacklustre first hour. US shares tailed off towards the end of day on Wall Street and that has had some impact.
10-09-2010
Morgan Sindall, the construction group, has snapped up most of the contracts and assets of the social housing division of beleaguered building group Connaught.
10-09-2010
Morgan Sindall will today announce the acquisition of the bulk of Connaught's social housing repairs operations in a deal that will save thousands of jobs across the country.
08-09-2010
KPMG has been appointed as administrator of social housing maintenance group Connaught.
08-09-2010
Insurer Resolution, pumps manufacturer Weir and engineer Tomkins are replacing Home Retail, Segro and Cable & Wireless Worldwide in the FTSE 100 index.
08-09-2010
The appointment of Bob Diamond as chief executive of one of Britain's biggest banks has split the coalition along party lines, it emerged last night.
07-09-2010
London's leading share index gave up a winning streak that lasted all last week and continued yesterday.
07-09-2010
It's a case of 'another day, another bid rumour' for London, with bid speculation about engineering group Invensys and oil explorer Tullow Oil providing a bit of cheer to a subdued market.
07-09-2010
Footsie ended the morning making its second attempt of the day at a rally but the blue-chip index remains in negative territory and in danger of seeing its winning streak in September come to an end. Expectations of a lower start on Wall Street as the US returns to work after the Labour Day holiday are also souring sentiment.
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