Miners give support as they rise to recoup their losses July 7, 2009 MINERS were the saviour of the FTSE 100 yesterday, offsetting falling oil stocks and disappointing UK industrial output data to keep the index flat, or just 7.91 points lower, at 4,187. Data showed that UK manufacturing output unexpectedly shrank in May, falling 0.5 per cent on the month, making it less likely the economy returned [...]
CITY MOVES WHO’S SWITCHING JOBS May 20, 2009 SVG CapitalThe private equity firm has appointed Lynn Fordham as its new chief executive officer and Tony Dalwood as chief executive of SVG Advisers, its advisory arm. Fordham joined the SVG Capital board as finance director in July last year, having previously held positions with Barratt Developments, BAA, Boots, Man Group and Chubb. Dalwood joined [...]
Bovis Homes raises 60m in cash call September 3, 2009 HOUSEBUILDER Bovis Homes yesterday launched a £60m share placing to take advantage of depressed land values. Bovis said that its recent half year results showed it had maintained a net cash position of £7m despite the economic turmoil and it was beginning to see a number of opportunities to acquire land for development. The group [...]
Bovis Homes raises 60m in cash call September 3, 2009 HOUSEBUILDER Bovis Homes yesterday launched a £60m share placing to take advantage of depressed land values. Bovis said that its recent half year results showed it had maintained a net cash position of £7m despite the economic turmoil and it was beginning to see a number of opportunities to acquire land for development. The group [...]
FOCUS ON: CROYDON, GREATER LONDON July 23, 2009 39 RADCLIFFE ROAD, CROYDON, CR0 5QJPrice: £765,000If you’re a cricket lover glued to the television at the moment, then this smart four-bedroom period house backing on to the exclusive Whitgift Foundation’s cricket grounds is exactly what you are looking for. It comes with four bedrooms and has been refurbished to the highest standard by the [...]
Regeneration is taking off in the Olympic quarters June 25, 2009 STRATFORD has long been one of those London areas that is supposedly on the verge of gentrification. The coming of the DLR, then the Jubilee Line, were meant to turn it into an up-and-coming area attractive to thrusting young professionals. It never quite happened. But last week, two things took place which mean that Stratford [...]
WHAT THE OTHER PAPERS SAY THIS MORNING August 4, 2009 FINANCIAL TIMES BMW EYES TIE-UP WITH PEUGEOT FOR MINIBMW is examining whether to share platforms with PSA Peugeot Citroën for its Mini small car, it emerged yesterday, as the German premium carmaker returned to profit in the second quarter on the back of cost-cutting. Norbert Reithofer, BMW’s chief executive, said the company was talking to [...]
WHAT THE OTHER PAPERS SAY THIS MORNING August 4, 2009 FINANCIAL TIMES BMW EYES TIE-UP WITH PEUGEOT FOR MINIBMW is examining whether to share platforms with PSA Peugeot Citroën for its Mini small car, it emerged yesterday, as the German premium carmaker returned to profit in the second quarter on the back of cost-cutting. Norbert Reithofer, BMW’s chief executive, said the company was talking to [...]
FOCUS ON: BISHOP’S STORTFORD, HERTFORDSHIRE June 18, 2009 TYE GREEN HOUSE, ELSENHAM, CM22 6DY Price: £749,995This Grade II-listed, 16th century farmhouse has kept many of its period features, including exposed beams and an inglenook fireplace. Set over three floors, the property has six bedrooms and two living rooms. It is in grounds of about 1.75 acres where there are fruit trees and the [...]
FOCUS ON: BISHOP’S STORTFORD, HERTFORDSHIRE June 18, 2009 TYE GREEN HOUSE, ELSENHAM, CM22 6DY Price: £749,995This Grade II-listed, 16th century farmhouse has kept many of its period features, including exposed beams and an inglenook fireplace. Set over three floors, the property has six bedrooms and two living rooms. It is in grounds of about 1.75 acres where there are fruit trees and the [...]