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Howard Russell Construction goes into administration

Construction Enquirer

Accounts show that the company owed £4.4m to trade creditors at the end of the 2021/22 financial year. In its forecast for this year Howard Russell was predicting a turnover of up to £80m based on a rising number of negotiated contracts. with 31 staff working at the company.

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How To Make 2021 Your Contracting Cash Flow Year

Contractor Bookkeeping

Although it's impossible to predict the future with 100% accuracy, a cash flow forecast is a tool that will help you prepare for different possible scenarios in the future. What is Cash Flow Forecast? A cash flow forecast comprises three key elements: beginning cash balance, cash inflows (e.g.,

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Housing Prices Threaten the Federal Reserve's Inflation Outlook

Pro Builder

Tue, 08/10/2021 - 09:28. Forecasters predict elevated home prices to be a temporary reaction to the economy’s reopening after pandemic-related restrictions, but the Wall Street Journal says housing costs appear to be more persistent than expected. Housing Prices Threaten the Federal Reserve's Inflation Outlook. cbroderick.

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Acquisitive RSK looks to raise £500m through stake sale

Construction Enquirer

2021: Doubles again amid Covid to £350m; pre-tax loss £19m 2022: Revenue £796m; reported pre-tax loss £38m 2023: management accounts forecast £1.2bn Ryder said: “We are well aware that our growth strategy includes some very big numbers and significant goals for business growth. 2018: revenue doubles to £147m; pre-tax loss £9.3m

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40+ APAC Construction Industry Statistics You Need to Know

Autodesk Construction Cloud

Spending on construction accounted for 13% of the global GDP in 2020; it’s expected to reach over 13.5% Asia-Pacific is projected to account for US$7.4/A$10.2 APAC projects in the pre-planning stage account for US$92.3/ Meanwhile, projects in the planning stage account for US$443/A$609 billion of pipeline value.

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Sage Intacct Construction Brings Financial Management to the Cloud

Construction Junkie

Sage Intacct Construction Officially announced in March of 2020, Sage Intacct Construction gets its name from a combination of “internet” and “accounting,” as that’s precisely what it is. Find Sage at Groundbreak 2020. Groundbreak will be held virtually this year on October 27 and 28.

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30+ Construction Industry Statistics for EMEA

Autodesk Construction Cloud

These data points portray the current state of affairs while also forecasting what’s to come. Spending on construction accounted for 13% of the global GDP in 2020; it’s expected to reach over 13.5% The fastest-growing sector between 2020 and 2025 is forecasted to be infrastructure. Data strategy brings a competitive edge.