More news – Page 2666
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NewsBanks lean on Barratt to raise £300m-plus from rights issue
Barratt has come under increased pressure from its lenders to raise cash through a rights issue in the wake of Taylor Wimpey’s success in raising £510m last week
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Redrow goes back to work
Housebuilder Redrow has said it will resume work on selected sites as the steady start to 2009 continues
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Billionaires economise
Luxury contractor Holloway White Allom has said its wealthy clients have slowed spending on large refurbishment projects
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Galliford Try holds steady
Galliford Try has said results in the year to 30 June 2009 will be in line with expectations despite describing the construction market as “more challenging”
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CommentWe can't afford cheap and nasty
The recession is turning us, and our politicians, into mean, short-sighted people. And this is exactly the right way to make sure it lasts a long, long time
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CommentWonders & blunders
Tom Foulkes salutes Hadrian’s 2,000-year-old Pantheon in Rome, but quietly hopes the brutalist Southbank Centre has a somewhat shorter lifespan
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CommentVoices from the abyss
As the recession drags on, we hear the sound of lamentation from losing Crossrail bidders, wailing from architects’ competition lists and saucy ad libs from property professionals
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Pathfinders to cut housing targets in light of recession
The bodies running the government’s £2.2bn housing market renewal initiative are being forced to scale back plans because of the recession, the Audit Commission has said
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NewsSpa turn: Bermondsey Spa regeneration
Willmott Dixon’s social housing arm Inspace has been named preferred bidder on the Bermondsey Spa regeneration project in Southwark, south London
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NewsSeize the day
Tempting big investors to put cash into private rental property has never succeeded in the past. But if we act quickly, says Matthew Cutts, the government’s plan may just work
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Planning applications: April 2009
Projects at detailed planning stage rose slightly in all regions apart from Wales and the North
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Comment
Overcoming overload
I read with interest Cedric Sloan’s article in Building on 1 May (page 33). He draws attention to the information that is provided with most invitations to submit a tender. One of the points he makes is that far too much information is provided
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Comment
Off-site really is the answer
So the Homes and Communities Agency (HCA) is launching a drive to boost the private rental sector. As residential property prices fall, rental yields are starting to look more attractive to investors and pension funds, so the opportunity is there for the taking
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Comment
The usual victims
The Verry debacle (8 May, page 24) is just the same old, same old – look at Eugena, Wiltshire and the others. Who gets hurt? Yes, you guessed it, the “specialist trade contractor” and the small subbie
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Comment
More egg baskets required
I worked for Taylor Woodrow International from 1975 to 1980 in various parts of the world and its geographic and sectoral diversification was one of its greatest strengths
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Comment
Ten into six doesn’t go
It was a shame to see that CNP has become the first big-name QS/project management casualty. At the end of the day consultants are all about people and my sympathy goes out to all who have and will lose their jobs, shareholdings, and so on. Consultants have been hanging in ...
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CommentArchitects, take a bow
Prince Charles didn’t say he’d employ Lord Foster to make over Highgrove – that would really have been a great way to make up with the modernists
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CommentWhat price victory? Winning back legal costs
You’ve won a legal battle so it’s only reasonable you get your costs reimbursed, isn’t it? Ah, if only it were that simple
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CommentTime and punishment: Interest on unfair debt
If you don’t pay a legitimate debt, you are liable for interest on top. That’s only fair. But what if the creditor was at fault in some way, or the invoice was wrong?