Issue : 15 January 2009
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Northern Ireland and Wales are forecast to be least affected parts of the UK as the economy enters into one of its toughest years since the Second World War.
Recession to least affect North-east of EnglandSubscription
The North-east is forecast to be the least affected region in England as the economy enters into one of its toughest years since the Second World War.
Recession set to hit London hardest in the UKSubscription
London is forecast to be the worst affected part of the UK as the economy enters into one of its toughest years since the Second World War.
Saudi Arabia's Al-Khabeer Merchant Finance Corporation has signed a memorandum of understanding with the local Jazan Development Company for the financing of projects in Jizan Economic City.
Work stops at Canal Point hospital in DubaiSubscription
Building work on the Canal Point Hospital at Jumeirah Lake Towers has been put on hold after the client Istithmar cancelled the AED500m ($136m) construction contract with the local Al-Naboodah Contracting.
ISG subsidiary secures £140m of supermarket workSubscription
Interior Services Group subsidiary ISG Pearce has secured £140 million worth of supermarket work for 2009.
Amec profits expected to exceed £200mSubscription
Pre-tax profits at Amec are expected to exceed £200 million for the year ended 31 December 2008, the firm announced today.
Redrow on target to reduce debtSubscription
House builder Redrow is on target to reduce its debt below £255 million in June 2009, despite extremely difficult trading conditions.
Redrow sees house sales halvedSubscription
Housebuilder Redrow said this morning it sold nearly 50 per cent fewer houses in the last six months to just over 350 units.
Balfour Beatty reports PFI progressSubscription
Balfour Beatty is expecting financial close on four preferred bidder PFI projects in the UK in the first half of 2009.