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IN BRIEF
00:00 26 Jan 1995
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CrossRail revival
CrossRail chiefs met Transport Secretary Brian Mawhinney this week to try to revive the œ2.6 billion cross London rail line. The project will go ahead with at least 50% private finance and is looking to attract a top City player to get the job going.
Home prices to rise
Figures from the latest House Builders Federation survey show that the new homes market was quiet before Christmas, but signs are very positive for the forthcoming year. A majority of 67% of those surveyed expect new home prices to rise in 1995, with some 62% expecting the rise to be under 5%.
Costain sells US venture
Costain has sold its stake in a US mining venture for œ63 million as part of its asset disposal programme. The money will go towards reducing the its debts.
House debates A34
The House of Lords has debated DoT plans to shelve the A34 Newbury bypass. Local landowner Lord Carnarvon has described as 'extraordinary' the eleventh hour decision to axe the project just as a œ50 million plus contract was about to be awarded to Costain.
Taywood stops buy-back
Taylor Woodrow has suspended its share buy-back scheme after re-purchasing 8% of its share capital. The programme, launched to cash in on Taylor Woodrow's under valued share price, was intended to regain 10% of the equity, but has been suspended because of the results season.
Largest bridge opens
The 865m long single span Normandy Bridge on the River Seine in northern France, which is claimed to be the largest of its kind in the world, has been officially opened. The bridge has been privately financed.
Gummer guidelines
Environment secretary John Gummer has issued guidelines urging planners to be stricter in refusing development in green belt areas on the edge of towns.
M&E pleads partnership
Clients that want to get the best out of the building services industry must involve M&E consultants and contractors from the outset of a project, Haden Young director Tony Trinick told a special seminar for building owners and developers at the Royal Academy of Engineering.
CrossRail chiefs met Transport Secretary Brian Mawhinney this week to try to revive the œ2.6 billion cross London rail line. The project will go ahead with at least 50% private finance and is looking to attract a top City player to get the job going.
Home prices to rise
Figures from the latest House Builders Federation survey show that the new homes market was quiet before Christmas, but signs are very positive for the forthcoming year. A majority of 67% of those surveyed expect new home prices to rise in 1995, with some 62% expecting the rise to be under 5%.
Costain sells US venture
Costain has sold its stake in a US mining venture for œ63 million as part of its asset disposal programme. The money will go towards reducing the its debts.
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House debates A34
The House of Lords has debated DoT plans to shelve the A34 Newbury bypass. Local landowner Lord Carnarvon has described as 'extraordinary' the eleventh hour decision to axe the project just as a œ50 million plus contract was about to be awarded to Costain.
Taywood stops buy-back
Taylor Woodrow has suspended its share buy-back scheme after re-purchasing 8% of its share capital. The programme, launched to cash in on Taylor Woodrow's under valued share price, was intended to regain 10% of the equity, but has been suspended because of the results season.
Largest bridge opens
The 865m long single span Normandy Bridge on the River Seine in northern France, which is claimed to be the largest of its kind in the world, has been officially opened. The bridge has been privately financed.
Gummer guidelines
Environment secretary John Gummer has issued guidelines urging planners to be stricter in refusing development in green belt areas on the edge of towns.
M&E pleads partnership
Clients that want to get the best out of the building services industry must involve M&E consultants and contractors from the outset of a project, Haden Young director Tony Trinick told a special seminar for building owners and developers at the Royal Academy of Engineering.
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