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Financial news

Kier cuts average net debt by £20m in H2

Kier cuts average net debt by £20m in H2Subscription

Kier’s has cut its average net debt by £20m as the company continues its cost-cutting programme.

Citu NQ Forrest Manchester CGI 3

Forrest voluntarily exits £200m frameworkSubscription

Forrest Group has withdrawn from client frameworks and is in talks to exit a mixed-use scheme in Manchester ahead of a possible refinancing deal, CN understands.

EU flags European Union flags Brexit referendum

Construction and housebuilder shares slide on Brexit chaosSubscription

Jitters over a no-deal Brexit have forced share prices in contractors, housebuilders and materials groups down this morning after political turmoil engulfed Westminster.

Mace breaks £2bn revenue barrier

Mace breaks £2bn revenue barrierSubscription

Mace has announced that turnover has passed the £2bn mark for the first time.

Styles & Wood merges operations under parent rebrand Tony Lenehan

Styles & Wood merges operations under parent rebrandSubscription

Fit-out specialist Styles & Wood is to merge its operations with Southerns Ltd to form part of parent company The Extentia Group.