Builders miss out on £6bn of school projects

first_img Share Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proof Builders miss out on £6bn of school projects whatsapp BUILDERS have already lost out on more than £5.7bn worth of work after Britain slashed investment in new schools and Balfour Beatty is most exposed to the cutbacks, Reuters research shows.A survey of the 26 local authorities worst hit by a decision to freeze the last government’s £55bn Building Schools for the Future (BSF) scheme, shows contracts for dozens of schools had already been awarded or were close to being signed with preferred bidders.The scheme was scrapped as the new government seeks to rein in a ballooning deficit, leaving some children stuck in leaky classrooms and disappointing builders and IT firms who had banked on a 20-year programme of investment in schools.Balfour Beatty is most exposed having been among the contractors to win, be shortlisted for or achieve preferred bidder status on projects worth £1.1bn or about one fifth of the £5.7bn total shown in the Reuters survey.Laing O’Rourke had been involved in £903m worth of projects either alone or in partnership with other contractors, followed by FTSE 250 maintenance firm Interserve on £718m. Tuesday 17 August 2010 8:04 pmcenter_img whatsapp KCS-content Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoNoteabley25 Funny Notes Written By StrangersNoteableyUndoCrowdy FanShe Didn’t Know Why Everyone Was Staring At Her Hilarious T-ShirtCrowdy FanUndoBetterBe20 Stunning Female AthletesBetterBeUndoautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comUndoAtlantic MirrorA Kilimanjaro Discovery Has Proved This About The BibleAtlantic MirrorUndoBrake For ItThe Most Worthless Cars Ever MadeBrake For ItUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoElite HeraldKate Middleton Dropped An Unexpected Baby BombshellElite HeraldUndo Tags: NULL Show Comments ▼last_img read more

Tube unions to meet with LU to avert strikes

first_img Share Tube unions to meet with LU to avert strikes Tags: NULL Show Comments ▼ More From Our Partners A ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comSidney Crosby, Alex Ovechkin are graying and frayingnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.com TUBE union bosses are meeting London Underground (LU) management this morning with hopes of putting a bitter dispute over job cuts and the possibility of another set of strikes behind them.RMT and the Transport Salaried Staffs’ Association (TSSA) will meet LU at conciliation service Acas in a bid to halt planned strikes for October and November that could once again cripple the Underground network.The unions said they both have a positive outlook on today’s talks and have “every intention” of reaching a deal with LU management over plans to cut up to 800 station posts.If the talks fall through, the unions are set to launch industrial action on 3 October, which will see more than 10,000 Tube workers leave their posts. Similar action is planned for 2 and 28 November. center_img KCS-content Tuesday 21 September 2010 7:29 pm whatsapp whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastNoteabley25 Funny Notes Written By StrangersNoteableyMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comlast_img read more

CITY A.M. | SHADOW MPC

first_img Tags: NULL Show Comments ▼ whatsapp Wednesday 6 October 2010 7:30 pm KCS-content ALLISTER HEATH | CITY A.M.“With the services sector growing at a faster rate, the supply and velocity of money accelerating, and inflation too high, it is time for a symbolic quarter point hike in rates.”SIMON WARD | HENDERSON“Maintain vote for quarter-point hike. Monetary conditions are loose with velocity recovering, while CPI inflation could rise to 4 per cent near-term. QE2 will fuel commodities speculation rather than help the real economy.”GEORGE BUCKLEY | DEUTSCHE BANK“While the economic news has become less positive, the slowing growth momentum does not seem sufficient yet to justify further easing in policy. The risks of additional QE have grown but for now its wait and see.”MICHAEL SAUNDERS | CITIGROUP“The MPC may produce an unusual three-way split, but the majority will vote to hold. With the rebound in nominal GDP and sticky inflation, Posen is unlikely to find much support for his view that the UK is like Japan.”VICKY REDWOOD | CAPITAL ECONOMICS“The recovery has slowed sharply, while higher inflation still isn’t having much upward effect on inflation expectations or pay growth. I think the time has come to launch QE but the MPC will probably hold fire.”TREVOR WILLIAMS | LLOYDS TSB“Signs of a weakening in the UK economy are becoming more widespread. I vote for rates to remain on hold in October and for a further £50bn of QE. The latter should start before the fiscal squeeze kicks in next year.”HOWARD ARCHER | IHS GLOBAL INSIGHT“No change on rates and I would hold fire on QE for the time being. But I am worried about the growth outlook and if the economy takes a further downward lurch then further stimulative action would be justified.”JAMIE DANNHAUSER | LOMBARD STREET RESEARCH“We have long argued that the MPC should err on the side of doing too much. But with nominal private sector spending up by 8 per cent in the last year, at this stage the data does not support the bears’ case.”GRAEME LEACH | IOD“Beyond this month, an expansion in QE looks almost certain by year-end, given the weakness of money supply growth and the softening across a range of economic indicators.” CITY A.M. | SHADOW MPC Share whatsapp More From Our Partners Florida woman allegedly crashes children’s birthday party, rapes teennypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comConnecticut man dies after crashing Harley into live bearnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comWhy people are finding dryer sheets in their mailboxesnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comlast_img read more

BEST OF THE BROKERS

first_img Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap whatsapp KCS-content Tags: NULL Wednesday 27 October 2010 7:58 pm SMITHS NEWSAltium Securities rates the media distributor a “buy” with a target price of 143p. The broker says the firm’s 6.8 per cent dividend yield looks attractive, and that business developments in the pipeline will increase growth in the next 12 to 18 months. Altium has also raised its pre-tax profit forecasts following stronger than expected full year results last week.DEBENHAMSUBS rates the department store a “buy” with a 12-month target price of 90p. Lower debt levels and a commitment to restore the dividend next year means the traditional discount on Debenhams shares is likely to narrow, the broker believes. UBS has raised its full-year pre-tax profit forecast for 2013 by three per cent due to an increase in gross margins. center_img Show Comments ▼ whatsapp ARBUTHNOTNumis has downgraded the banking group to “hold” from “buy” and cut its target price by 24 per cent to 367p. The broker has also reduced its 2010 pre-tax profit estimates to £4.9m from £7m due to a weaker-than-expected third quarter update. It believes Arbuthnot’s private banking arm is trading in line with forecasts, but its securities business currently has a weaker-than-expected performance. BEST OF THE BROKERS Sharelast_img read more

BlackBerry claims Playbook is more powerful than iPad

first_img BLACKBERRY maker Research in Motion (RIM) yesterday fired a warning shot to Apple when it released a video claiming to show the superiority of its tablet computer.RIM is set to launch its rival to the all-conquering iPad in the second quarter next year. Named the Playbook, it will attempt to lure users with its ability to run Flash videos, which Apple has blocked.The video runs through a series of comparison tests with a BlackBerry Playbook and Apple iPad, which demonstrate the speed of the PlayBook Browser, its support for rich Flash content, and the performance of open web standards like HTML 5 on the PlayBook. On paper the Playbook looks like a possible contender for the iPad’s crown.Its processor and RAM are both superior, despite its smaller size. This would be good news for users dealing with a lot of video or multi-tasking between apps. It also appears to have been positioned closer to BlackBerry’s core enterprise market, rather than the consumer-facing iPad, which could reel in large numbers of business-focused users. However, analysts say the product has come late to a market Apple’s tablet computer has already taken by the scruff of the neck. In Apple’s fourth fiscal quarter, the second quarter that the iPad has been available, the company sold 4.2m units. Analysts also see Google Android-powered devices becoming increasingly important. BlackBerry claims Playbook is more powerful than iPad KCS-content whatsapp whatsapp Thursday 18 November 2010 7:35 pm Sharecenter_img Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was Famous, Now She Works In {State}MoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldWanderoamIdentical Twins Marry Identical Twins – But Then The Doctor Says, “STOP”WanderoamMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.com Show Comments ▼ Tags: NULL last_img read more

Debenhams: our market share is up

first_img whatsapp DEBENHAMS claimed it was winning market share from rivals as it posted a small rise in sales over the key Christmas trading period that was affected by December’s snow.Sales at stores open more than a year increased 0.3 per cent including VAT sales tax in the 19 weeks to 8 January.Chief executive Rob Templeman said yesterday he was pleased with the firm’s Christmas performance given the adverse weather that gripped the nation last month. But he refused to say whether he expected underlying sales to grow in the year ending August 2011. “What we’ve got to see is how consumer sentiment unfolds over the next six to eight weeks, then we’ll be in a better position to talk about how we think the future lies,” he said. Many retailers fear that spending cuts announced by the government, as well as tax rises, a slowing housing market and hikes in transport and fuel costs will hit consumer demand in the months ahead.But Templeman said he was hopeful Debenhams would this year benefit from its decision to switch 530,000 square foot of space from concessions – which sell other brands – to own-brand merchandise. Debenhams, Britain’s Number Two department store after John Lewis, trades from 167 stores in Britain, Ireland and Denmark. Tags: NULL Debenhams: our market share is up whatsapp KCS-content Share Monday 10 January 2011 8:42 pm Read This Next’Pose’ Creator Steven Canals on Life After His Groundbreaking Show: ‘I’mThe Wrap’The Boys’ Star Aya Cash Took Inspiration From YouTube, TikTok and SteveThe WrapHow HGTV’s ‘Renovation Island’ Changed Bryan and Sarah Baeumler’sThe Wrap’Bridgerton’ Stars Phoebe Dynevor and Nicola Coughlan on Daphne andThe WrapBest Wine Gifts & Wine Accessories at Every PriceGayot’Hitman’s Bodyguard’s Wife’ Earns $17 Million 5-Day Opening as Box OfficeThe WrapFox News’ Mark Levin Says Capitol Riot Suspects ‘Would Be Treated Better’The WrapEverything We Know, or Think We Know, About the Time-Keepers on ‘Loki’The Wrap’The Crown’: What Went Into Finding Princess Diana and Margaret ThatcherThe Wrap Show Comments ▼last_img read more

Analyst views: How can Barratt build on yesterday’s trading update?

first_img Analyst views: How can Barratt build on yesterday’s trading update? CHRIS MILLINGTON | NUMIS SECURITIESWe are expecting a much better six months ahead, with more points of sale and improved margins. Barratt isn’t massively out of step with other property firms.LUCIAN COOK | SAVILLSBarratt is right to be cautious, as we continue to see a lower transaction market. Its efforts with Hitachi to provide mortgages will help access more markets.RACHAEL WARING | PANMURE GORDONWe are factoring in no volume growth in the next half, with improvement in profitability driven by continued improvement in net margins from new land. whatsapp Show Comments ▼ Wednesday 12 January 2011 8:05 pm Read This Next’Pose’ Creator Steven Canals on Life After His Groundbreaking Show: ‘I’mThe Wrap’The Boys’ Star Aya Cash Took Inspiration From YouTube, TikTok and SteveThe WrapHow HGTV’s ‘Renovation Island’ Changed Bryan and Sarah Baeumler’sThe Wrap’Bridgerton’ Stars Phoebe Dynevor and Nicola Coughlan on Daphne andThe WrapBest Wine Gifts & Wine Accessories at Every PriceGayot’Hitman’s Bodyguard’s Wife’ Earns $17 Million 5-Day Opening as Box OfficeThe WrapFox News’ Mark Levin Says Capitol Riot Suspects ‘Would Be Treated Better’The WrapEverything We Know, or Think We Know, About the Time-Keepers on ‘Loki’The Wrap’The Crown’: What Went Into Finding Princess Diana and Margaret ThatcherThe Wrap whatsapp Share Tags: NULL KCS-content last_img read more

German facing accelerating inflation

first_imgThursday 27 January 2011 12:46 pm Tags: NULL German consumer prices have risen at their fastest pace since October 2008 this month, data has shown, offering early signs that inflation in the eurozone may be high enough to concern the European Central Bank.EU-harmonised prices (HICP) grew two per cent year on year in January compared with 1.9 per cent in December.The hike was partly driven by gains in volatile commodities prices, but analysts said domestic underlying inflationary pressures were increasing and the case for one or more ECB interest rate hikes within months had been strengthened.“The case for record low interest rates is getting weaker,” said Berenberg Bank economist Holger Schmieding, who expects two rate hikes of 25 basis points each in September and December.Apart from further rises in costs of heating oil and fuels as well as fruits and vegetables, Germany’s Federal Statistics Office said January’s increase was also due to a national hike in electricity bills to subsidize renewable energy producers.“Inflation is back in Germany,” said UniCredit economist Alexander Koch, who warned of upward pressure on the core inflation rate throughout 2011.“The recent strong rise in corporate input prices and also selling price expectations signal a clear upward trend in underlying inflation,” he said.Adding to the more hawkish tone, ECB policymaker Lorenzo Bini Smaghi said rises in imported goods prices carried an inflation risk for the euro area, pushing up the single currency and Bund yields.Germany’s HICP accounts for just over a quarter of the weighting for the euro zone-wide data that defines price stability under ECB policy, and inflation there has in the past undercut the euro zone average.January’s figure fractionally surpasses the ECB’s target rate for the euro area of close to, but below, two per cent and causes a dilemma for policymakers worried about possible recessions in countries like Greece, Ireland and Portugal. Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautCheese Crostini: Delicious Recipes Worth CookingFamily Proof alison.lock whatsapp German facing accelerating inflation Share whatsapp Show Comments ▼last_img read more

CITY VIEWS: IS INFLATION HITTING THE BANK OF ENGLAND’S CREDIBILITY?

first_img CITY VIEWS: IS INFLATION HITTING THE BANK OF ENGLAND’S CREDIBILITY? Show Comments ▼ KCS-content Tuesday 15 February 2011 7:55 pm whatsapp Share Read This Next’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap4 ideal Zion Williamson trade scenarios from the New Orleans PelicansSportsnautRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapRick Leventhal to Exit Fox News Just as His Wife Kelly Leaves ‘RealThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe Wrap’In the Heights’ Underwhelms at Box Office With $11.4 Million DebutThe WrapJason Whitlock, Former ESPN and Fox Sports Reporter, Resurfaces at BlazeThe WrapFox News’ Mark Levin Says Capitol Riot Suspects ‘Would Be Treated Better’The Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe Wrap Save or Borrow peer to peer at RateSetter.comwww.RateSetter.com Customer Phoneline: 08442490115GRANT CLEMENCE| QBE INSURANCE“No, changing interest rates wouldn’t have any impact. It’s driven by commodity prices.”JAMES COOPER| LONDON METAL EXCHANGE“Yes, they’ve set these targets but aren’t being seen to do anything about it.”JOHN FILTNESS | RFIB“They are doing their best to control it. Interest rates need to be low for now.” whatsapp Tags: NULLlast_img read more

Landis+Gyr hires CS and Lazard

first_img KCS-content Thursday 17 February 2011 8:59 pm Tags: NULL whatsapp Swiss smart meter company Landis+Gyr has hired Credit Suisse and Lazard Ltd to advise on a sale of the company, people familiar with the matter said yesterday. Landis+Gyr, which could be worth well over $1bn, is expected to draw interest from multi-industry conglomerates such as General Electric, Danaher, Johnson Controls and Honeywell International, as well as industrial groups based in Europe. whatsapp Share Show Comments ▼ Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap Landis+Gyr hires CS and Lazard last_img read more