WHAT THE OTHER PAPERS SAY THIS MORNING October 9, 2011 FINANCIAL TIMES WATCHDOG HITS FRENCH AUDITORS French auditors have been lambasted by the UK’s leading accountancy regulator for their performance during the Greek debt crisis. Stephen Haddrill, chief executive of the Financial Reporting Council, criticised the way French banks and insurers had been allowed by their auditors to post smaller losses on Greek government bonds [...]
Rise in Taylor Wimpey sales lifts margins September 19, 2011 HOUSEBUILDER Taylor Wimpey said yesterday that sales rates in recent weeks have been encouraging, as the industry has benefited from a seasonal surge in home buying activity. The FTSE 250-listed firm added it is on track to deliver on margin targets this year. The country’s second largest builder by market value said net sales rates [...]
Taylor Wimpey says housebuilding bouncing back September 19, 2011 Housebuilder Taylor Wimpey said sales rates in recent weeks have been encouraging, as the industry has benefited from a seasonal surge in home buying activity, and added it is on track to deliver on margin targets. The country’s second largest builder by market value said net sales rates so far in the second half are [...]
LEWISHAM, SE13 September 15, 2011 RENAISSANCE Price: £181,000 This second floor, one-bedroom flat comprises 470 square feet, including a private balcony. It is situated in a development with landscaped gardens, opposite Lewisham DLR station. It was designed in collaboration with artist Phil Coy whose signature feature is the development’s eye-catching coloured glass exterior. Contact: Barratt Homes on 084 5871 0005 [...]
Barratt posts its first profit in three years September 14, 2011 BARRATT Developments, the UK’s biggest housebuilder, hailed its first underlying profit in three years yesterday, helped by higher selling prices, and expects to make further progress despite a sluggish housing market. The group reported a full-year profit before tax and exceptional items of £42.7m compared with a loss of £33m in 2010, beating market estimates. [...]
Barratt back in the black September 14, 2011 Housebuilder Barratt Developments returned to profit for the full-year, helped by higher selling prices, and said it expected to make further progress despite the constrained housing market. The country’s largest housebuilder by volume reported full-year profit before tax and exceptional items of £42.7m, at the higher end of market estimates, compared with a loss of [...]
THE WEEK AHEAD September 11, 2011 COMPANY NEWS ● Today, Pan African Resources announces. The Aim-listed company is producing 100,000 ounces of gold per year and will be hoping for glittering results. ● Tomorrow, Abcam and Ashmore both announce. Abcam is a biotechnology company based in Cambridge’s Science Park, which sells research antibodies. ● On Wednesday, Barratt Developments and Galliford Try [...]
DALSTON, LONDON September 8, 2011 DALSTON SQUARE Price: £425,000 Dalston Square is a £160m development in the heart of Dalston, just two miles from the City. This three-bedroom apartment is on the second floor with a balcony. In total, it comprises 919 square feet. Contact: Barratt Homes on 020 7241 1833 or go to www.barratthomes. co.uk/London ARTHAUS, LONDON FIELDS Price: [...]
Oil price drops on hopes of Libyan export resumption August 22, 2011 Brent crude dropped more than $3 to below $106 a barrel on the potential for a resumption of exports from OPEC-member Libya as a six-month civil war there appeared close to an end. Libya pumped around 1.6M barrels per day (bpd), nearly two per cent of global supply, before the war cut output. Most of [...]
PROPERTY NEWS August 11, 2011 NEW DEVELOPMENT IN CANADA WATER Barratt Group’s Maple Quays development has opened for purchase. Offering one, two or three bed apartments, the development offers connections to both Canary Wharf and the City. Prices start from £250,000. Contact Barratt on 08448114334 or go to www.barratthomes.co.uk/london NEW NORTH LONDON LUXURY Domus, “the Candy brothers of north London”, [...]