Wolseley, the world's biggest building supplies company, says its annual profit rose by over a third and boasts improved margins thanks to cost cutting measures... more
Wolseley has disposed of its Build Center division as part of a £310 million sell-off. The heating and plumbing specialist has agreed a deal with France's Saint-Gobain through which its Build Center and Brossette businesses will be bought... more
Wolseley boss Ian Meakins hints that the plumbing and heating giant could follow WPP back to the UK after George Osborne's Budget pledge to reform the tax regime for overseas profits... more
Another half term, another cohort of parents desperate to find somewhere, anywhere, to feed their children on the way home from the Natural History Museum. The new Harden's guide to Eating Out with Babies and Toddlers, sponsored by Plum, claims to solve everything... more
Has Ian Meakins spent the past week knees knocking, eyes scrunched, peeping between his fingers, in dread of the public fury against his decision to take Wolseley to Switzerland to save tax?... more
The UK’s penal tax regime comes under heavy fire after plumbing and heating giant Wolseley swells the ranks of corporate refugees shifting their tax base abroad
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The new boss at builders’ merchant chain Wolseley says quarterly trends are getting better but admits it is still “bloody hard out there” as he sets out his strategy to stabilise the business... more
The building trade is deep in the mire and likely to remain there for at least the rest of the year, according to building supply group Wolseley... more
Stand by for take off at British Airways was the advice Goldman Sachs gave to clients as it added the shares to its influential Conviction Buy list... more
Wolseley, the world’s biggest building supplier, reported a massive slump in profits and warned that the economy will not recover until 2010 at the earliest...
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Shares in Wolseley, the world’s biggest plumbing-equipment supplier, soared 107p to 1456p today after American investor Gores Group took the lossmaking US subsidiary Stock Building Supply off its hands... more
Plumbing giant Wolseley is paying millions of pounds in extra City fees to ensure it receives the £1 billion it needs to shore up its funding from an increasingly nervous investment community... more
Time is running out for Wolseley, the world's biggest plumbing-equipment supplier, which has been clobbered by the collapse in housing markets on both sides of the Atlantic.... more
A further £160 million was wiped off Royal Bank of Scotland's market value today, the shares slumping to yet another record low as institutional investors continued to dump them... more
Construction: Things can only get worse. That was the stark message from the chief executive of Wolseley, the world's largest plumbing and building materials group, which reported a 77% slump in profits... more