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Balfour Beatty turns to financial engineering with £1bn fund

Construction giant Balfour Beatty is to try its hand at fund management, raising £1bn to buy and manage infrastructure assets.

Persimmon reveals mixed results as John Lewis toasts sales

House builder Persimmon hasn't had the best of quarters - but John Lewis has got the festive season off to a cracking start.

Rok stock shock as housebuilder collapses into administration

A nasty shock for Rok shareholders as 'the nation's local builder' suddenly raises the white flag and calls in the administrators...

Wolseley heads to Switzerland to avoid taxes

The building materials company is moving its HQ to Geneva for 'more certainty in its taxation position' (aka lower taxes).

£28m Connaught unit sale is a win-win (well, mostly)

2,500 jobs saved - and investors like the deal so much that buyer Morgan Sindall saw its share price jump nearly 20%.

Persimmon beats Bovis to divvy, but mortgage woes continue

Persimmon Homes is to reinstate its dividend after beating forecasts. But mortgages remain hard to get.

Solid as a Rok?

Building group Rok will need to underpin its foundations if it's to reassure shareholders.

BP manages to plug leak as US finds a new reason to vilify it

The leak might be (temporarily) plugged - but BP is still public enemy number one in the US.

Editorial: World-changing women

Sometimes, the arrival of the 35 Women Under 35 list is enough to make me weep buckets.

Slogan Doctor: Magnet - "What happens in your kitchen?"

Kitchen supplier Magnet's slogan, devised by JWT and introduced in summer 2005, is unusual in two ways.

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