Kier wins £50m contract to build luxury high-rises in Greenwich September 1, 2014 HOUSEBUILDER Kier has picked up a £50m contract to build luxury apartments at London’s Greenwich Peninsula development. Kier will design and build 224 luxury apartments in four blocks on the Thames riverside as part of the area’s regeneration project to deliver 10,000 homes by 2039. Kier was chosen as the preferred bidder for the contract [...]
Kier lands £50m Greenwich house building contract September 1, 2014 Housebuilder Kier has picked up a £50m contract to build luxury apartments at London's Greenwich Peninsula development. Kier will design and build 224 luxury apartments in four blocks on the Thames riverside as part of the areas regeneration project that aims to deliver 10,000 homes by 2039. Kier was chosen as the preferred bidder for [...]
Beer of the realm: Cobra founder Lord Bilimoria talks creativity, GM crops and cracking pubs August 31, 2014 If you haven’t enjoyed a Cobra beer yourself, you’ve probably had a curry with someone who has. Karan Bilimoria founded Cobra Beer in 1989. It’s a well-documented story by now: the entrepreneur and life peer saw the need for a beer that was less gassy than lager but not as heavy as ale. Cobra claims [...]
Ofgem forecasts lower margins at energy firms August 28, 2014 UK ENERGY regulator Ofgem yesterday predicted that profit margins of the large suppliers would be lower over the coming year compared with previous estimates. Only a month ago, the watchdog had forecast that the biggest energy suppliers would double their profit margins over the next year. Ofgem’s latest supply market indicator report saw it cut [...]
Serious strategy: What chess can teach businesses August 25, 2014 Stay on the lookout for “strong squares”, and be ready to sacrifice. There's a rich history of corporate strategists turning to board and card games to hone their skills. Bill Gates and Warren Buffett are keen bridge players, and Business Insider drew up a list of 28 US executives who are strong chess players. [...]
Financial markets at risk of cyber attack says watchdog August 25, 2014 In the Batman film The Dark Knight, the Joker ransacks the Gotham city stock exchange with a cocktail of automatic weaponry, knives and laptops. In the real world, the threat to the financial markets from cyber attacks is not so easily spotted. In an interview with the Financial Times, the head of global watchdog the International Organisation [...]
Ofgem: Energy market probe will not be whitewashed August 10, 2014 Questions raised over regulator’s influence in energy probe. Energy watchdog Ofgem has been forced to defend itself after five former regulators warned it may unfairly influence an independent investigation into the sector. Well-known industry figures including Stephen Littlechild and Sir Callum McCarthy have written a letter to the Competition and Markets Authority (CMA), which recently [...]
Recovery led to 2013 surge in legal mergers August 3, 2014 THE NUMBER of mergers in the UK’s legal sector has jumped by nearly two thirds in the past year, with more than three times as many recorded in 2013 than in 2009, according to figures released this morning. The data, produced by accountancy firm Wilkins Kennedy, revealed that there were 385 mergers in the sector [...]
Ofgem and big six energy suppliers spar over profit July 30, 2014 A fight between the big six energy suppliers and regulator Ofgem kicked off yesterday, due to a wide disparity between their estimates of company profits. Ofgem will today predict that firms will make £106 per household, up from the £101 it forecast a month ago. But the industry argues that their estimates have been wildly [...]
London workers boost rents in home counties July 23, 2014 IMPROVING job prospects and growing demand from London workers hunting for homes outside of the capital has sent rents in the home counties soaring this year. Figures released today by Knight Frank show that prime rents jumped 2.6 per cent in the three months to June, a marked increase on the 0.7 per cent growth [...]