FTSE reshuffle firms revealed March 5, 2014 BARRATT Developments and St. James’s Place are joining the FTSE 100, according to an announcement yesterday, as Amec and Tate and Lyle fall out of the index. Property firm Barratt has been buoyed by a burst of activity in construction, and its share price has nearly doubled in the past year. Heritage Oil, Infinis Energy [...]
Tate & Lyle could exit FTSE 100 to make way for St James’s Place March 3, 2014 TATE & Lyle, one of the original components of the FT 30, is on the verge of being demoted from the FTSE 100 as part of its quarterly reshuffle of the index, the London Stock Exchange (LSE) said yesterday. The food ingredients company will learn its fate tomorrow night when the exchange reveals the firms [...]
We can solve Britain’s housing crisis. Here’s how February 27, 2014 IF WE could build and heat homes with the hot air generated by the UK’s housing crisis debate, we would solve both issues in one go. Eighteen months ago, the issue was the availability of mortgage finance. We could not build because our customers could not borrow, and that was dragging the volume of new [...]
London Report: Insurance firms start a deluge of UK earnings February 23, 2014 A BUMPER week for UK earnings kicks off today with results from Hiscox, one of the big home insurers reporting full-year figures. Figures from Hiscox, RSA and Direct Line could give more detailed estimates of losses for UK industry and themselves after recent flooding and storms. Aviva and L&G are also set to give end [...]
John Laing looks to raise £174m from green infrastructure float February 10, 2014 A NEW infrastructure fund that has John Laing as an investor yesterday unveiled its plans to float on the main market of the London Stock Exchange, as it looks to raise up to £174m. John Laing Environmental Assets Group (JLEN) will acquire a portfolio of renewable energy, waste and waste water PFI assets in the [...]
Private View: On the market in Islington this week January 30, 2014 QUEENSLAND TERRACE FROM £299,000 Three bedroom penthouses or studio, one, two or three bed apartments, most with terraces, opposite Emirates Stadium. For viewings, call Barratt London on 08448114334 or visit barrattlondon.com. NOEL ROAD £1.85M Three bed Georgian family house spread across four floors. Overlooks Regent’s Canal with a roof terrace to admire the view from [...]
Victoria Line concrete clean up “nearly done”, says TfL January 23, 2014 After the Victoria Line has suffered from some concrete related problems with its signalling equipment (it's not cement, that's just an ingredient in concrete) – the fun is nearly over. Transport for London have said that cleaning of the fast-setting stuff is nearly done, with testing and fixing of equipment to follow. For now the [...]
Tower furnished with high hopes January 16, 2014 West London has a new sky-scraper. Designer Paul Dawson discusses his inspirations LAST month, interior designer Paul Dawson looked out over south west London from a building he had been building in his mind’s eye for nine years. Dawson and his 12-strong team at Honky Interiors, which caters for private clients as well as major [...]
Rises in completions and orders build Taylor Wimpey’s confidence January 15, 2014 TAYLOR Wimpey yesterday became the latest housing firm to report a jump in the number of properties it built in the last year, buoyed by rising prices and the government’s Help to Buy policy. Total home completions increased by seven per cent to 11,696, of which 18 per cent were affordable housing completions. “We saw [...]
Housing recovery helps Barratt sales rise more than two thirds January 14, 2014 BARRATT Developments said total home sales grew 71 per cent in the first half of its financial year thanks to government measures and a recovery in the housing market across all regions. Britain’s largest housebuilder by volume said yesterday that total forward sales, excluding joint ventures, jumped to £1.27bn in the six months to 31 [...]