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Kier whittles net debt down to £230m

Construction Enquirer

Kier has whittled down its average month-end net debt to £230m after a better than expected cash performance at its construction division. In a year-end trading statement, Kier said it had also managed to keep the order book above £10bn, with 85% of next year’s forecast revenue already secured. ” . ”

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Ilke Homes files administration notice

Construction Enquirer

Ilke and its advisers have been exploring fundraising options and the existing backers hope to secure a future for the business via a sale or investment, to enable it to deliver on its 4,200-home pipeline and protect its workforce. Just six months ago, ilke raised a record-breaking £100m from new and existing shareholders.

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American Competitiveness: A Matter Of National Security

Buisness Facilities Contributed Content

The American Security Project (ASP) has released a new report analyzing the issues of the country’s national competitiveness. The report also reframes one of the recurring questions of international relations: What factors really make us strong and safe? global leadership is shifting. .”

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Builders Need to Influence Their Teams to Get the COVID-19 Vaccination

Pro Builder

Builders and construction executives are responsible for more than securing certificates of occupancy and laying foundations. I support their financial literacy efforts with 401k contribution education and personal debt management. Simply put, this is just another way for us to serve and protect our community.

Debt 52
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Some secrets of surviving 28 years in business

Construction Marketing Ideas

At least one national project emerged from this initiative (Canadian Design and Construction Report, cadcr.com) and I discovered I could export the regional publication concept to the US, and so have some interest in markets down south. Debt is a pain. Bank debt can be a killer.

Debt 48
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John Green’s Plan to Eliminate Predatory Lending Practices

Pro Builder

Blackstar Stability’s revolutionary approach to refinancing and restructuring distressed debt products earned the company a 2022 Ivory Prize for innovation in finance, but Green says the work has only just begun. PRO BUILDER: Can you give us an overview of what Blackstar Stability does, from development and acquisitions to asset management?

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Panic, carnage and patience: Steps to take to manage and win with risk and reward in business and marketing

Construction Marketing Ideas

It is still fresh in the mind for most of us. This touches on how big a mortgage to allow and whether you personally have secured your business debt. You know your key performance indicators (KPI), your financial dashboard, your debt service ratios and the like (I hope!). the 2008/09 panic. Things change.

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