New Archive
The long, drawn-out sale of British Energy (BE) to EDF Energy has come to an end after the French energy firm bought BE for £12.5 billion, it has been reported.
Government hopes to have an EDF Energy-British Energy (BE) tie up within two weeks have been dubbed "optimistic" by the British nuclear company, according to a recent report.
Gordon Brown is facing the prospect of a major defeat over the government's reluctance to impose a windfall tax on energy companies, it has been reported.
The City of London has launched a campaign against Gordon Brown in order to convince him that introducing a windfall tax on energy companies should be avoided.
TaylorWimpey has reported phenomenally poor first half results for the year so far, recording a loss of £1.5 billion, it has been announced.
Lakesmere has reported a massive rise in profits between the six months to January 2008 and June this year.
Energy companies could avoid a possible windfall tax on recent profits if they agree to do more to help the poor pay their bills, it has been reported.
The six months to June 30 this year have given Bovis one of the worst six months on record, as its pre-tax profits record more than an 80 per cent drop.
The UK's energy minister, Malcolm Wicks, has explained that EDF Energy is still the government's preferred bidder for British Energy (BE).
The government's insistence on implementing Home Information Packs (HIPs) has hurt the housing industry and should be altered to invigorate the housing market, it has been argued.
Banks will be asking potential buyers of new and newly renovated properties what incentives they were offered by the housebuilders, in an attempt to understand more and more about their mortgage customers, it has been reported.
The housing correction has until now been seen as a disaster for all concerned but, with banks refusing to ease up their lending criteria owners are now finding ways to earn from the lack of buyers.
Total mortgage lending for 2008 will fall by 19.3 per cent year-on-year, it has been predicted by Datamonitor.
Homeowners in no rush to sell their homes are turning their properties over to the rental market to avoid selling at a low price during the housing correction, it has been found.
Recent research has found that the housing market is beginning to stabilise, it has been reported, as many factors connected to the buying process are now showing less symptoms of decline.
Housing transactions for 2008 are set to drop 60 per cent lower than the annual rate seen during the UK's last recession in the 1990s, it has been suggested.
The location of a property will make the difference between its price bouncing back to 2007 levels in just three years, or as much as eight years.
One of Travers Smiths' top private equity bankers is to move Bridgepoint Capital, it has been announced.
Homeowners in the UK are now choosing to let their homes while they wait for the market to return to favour sellers, new research has indicated.
Residential land across the country has dipped in value by over a fifth in the past year, it has been found.
Ocon Construction has won its third student accommodation contract with the University of Nottingham, it has been announced.
The Bank of England has come under pressure from the British Chambers of Commerce (BCC) today, as the group calls for interest rates to be lowered.
Multibuild has been awarded a £9.3 million pound contract to build a primary care centre for LSP Developments.
The Eurozone has contracted for the second quarter in a row, for the first time since the Euro was launched, it has been reported.
Siemens has won a contract to connect the UK's Greater Gabbard wind farm to the power grid, it has been confirmed.