More news – Page 3331
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Kier on course to hit full-year targets despite housing wobbles
Shares in Kier rose 3% on Monday after its chief executive told the City that first-quarter trading was in line with expectations and the firm was on track to achieve full-year targets.
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NewsSharewatch — Housebuilders’ shares tumble
The Bank of England’s announcement that approvals of home loans had fallen to the lowest level for two years, and Hometrack’s survey showing that house prices had dropped for the first time in two years, sent housebuilders’ shares south. Taylor Wimpey plunged more than 3.6% within minutes of the news, ...
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Developer admits defeat over wharf at London Docklands
Developer Capital and Provident has abandoned a plan to build homes on a derelict stretch of waterfront in London’s Docklands.
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Prices to rise 1%
The Council of Mortgage Lenders (CML) predicts that house prices will rise 1% over the next year, and lending will fall.
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Wandsworth tiff
London mayor Ken Livingstone has accused Wandsworth council of providing inadequate levels of affordable rented housing in its local plan.
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Moving out
Developers in and around Bristol are looking for sites in secondary, suburban locations as prime city-centre sites have been snapped up, according to a Savills report on the housing market.
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£510m planning grant ‘must not be used for infrastructure’
Ministers have warned councils that they must spend their share of the £510m planning grant to beef up their planning departments rather than on infrastructure.
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NewsNo Rovers Return here
Lovell has started work on a terraced house scheme designed to update Manchester’s “Coronation Street” image.
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NewsFrom the team that gave us the Gherkin …
Skanska was this week officially confirmed as the chosen contractor for the Heron Tower in the City of London, after it provided pre-construction services on the project.
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Credit crunch hits Taylor Wimpey’s reservation rates
Taylor Wimpey, the UK’s largest housebuilder, has warned that the recent financial turbulence is hitting reservation rates.
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Super supermarkets
The Competition Commission has called for a shake-up of the planning system for supermarket developments.
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Olympics cover
The Olympic Delivery Authority has appointed Royal Sun Alliance and Munich Re Group lead insurers for its project-wide insurance of venues and infrastructure for the 2012 Olympics in London.
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Tax errors
The Court of Appeal ruled that the Inland Revenue owed a “duty of care” to a builder who waited three months to get a subcontractor’s tax certificate, establishing it can be held liable for administrative errors.
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NewsKing of the swingers
Construction began last week on the £3m Xstrata Treetop Walkway in Kew Gardens, west London, designed by Marks Barfield Architects.
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Former southern director returns to Laing O’Rourke
Steve Hollingshead, the former southern director of Laing O’Rourke, is to rejoin the company he left two years ago.
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Metronet nabs Bechtel man
Metronet has drafted in a programme management expert from Bechtel to review its problem tube station contracts.
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Skanska boss makes sudden departure
Skanska has abruptly parted company with Simon Hipperson, the head of its PPP division, after differences over what the company called his “leadership style”.
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NewsRip it up and start again
The tallest building on the Olympic park site was demolished this Tuesday.
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Off-site renewables
The UK Green Building Council is to consider accrediting off-site renewables so that they can be incorporated into the official definition of zero-carbon homes.
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Chesterton acquisition
Property consultant Chesterton has bought Vanns and Jones, a building surveyor.