Bovis forecasts growth in 2012 January 16, 2012 British housebuilder Bovis Homes said it expected to achieve a significant increase in profit in 2012, benefiting from forward bookings rising by more than a third, following strong earnings growth in 2011. The company said it expects to report overall completions up 8 percent to 2,045 homes in 2011, with private legal completions up 18 [...]
Bovis forecasts growth in 2012 January 16, 2012 British housebuilder Bovis Homes said it expected to achieve a significant increase in profit in 2012, benefiting from forward bookings rising by more than a third, following strong earnings growth in 2011. The company said it expects to report overall completions up 8 percent to 2,045 homes in 2011, with private legal completions up 18 [...]
British Land boosted by bounce back in office lets November 16, 2010 British Land said it had been boosted by an increase in occupancy rates in its buildings in the first half. The landlord’s Net Asset Value (NAV) rose 4.2 per cent to 525 pence a share in the six months to 30 September, against 504 pence at end-March 2010. In the previous half-year period, its NAV [...]
Murray relishing Lendl work ethic January 15, 2012 HE MAY have been billed as the man to combat Andy Murray’s psychological weaknesses, but the British No1 believes new coach Ivan Lendl will also fine-tune his physical qualities. Lendl, who eventually shook off a nearly-man tag to win eight grand slams, has been tasked with helping the world No4 overcome his own inability to [...]
Predicting post-budget direction for sterling March 20, 2012 IG MARKETS CHRIS BEAUCHAMP Given that the Chancellor has engaged in the now obligatory routine of leaking almost the entire Budget ahead of the actual speech, there seems little chance of much excitement for sterling. A slight increase in UK growth forecasts from the Office for Budgetary Responsibility will be welcome news, but Osborne remains [...]
Virgin wades back into the fight for BMI December 12, 2011 VIRGIN Atlantic has muscled into the auction for BMI, a month after British Airways parent IAG agreed to buy the airline. Lufthansa, which owns BMI, said yesterday it has also reached an agreement in principle to sell the carrier Virgin, stressing that its deal with IAG had not been exclusive. Virgin, which has shown interest [...]
Virgin wades back into the fight for BMI December 12, 2011 VIRGIN Atlantic has muscled into the auction for BMI, a month after British Airways parent IAG agreed to buy the airline. Lufthansa, which owns BMI, said yesterday it has also reached an agreement in principle to sell the carrier Virgin, stressing that its deal with IAG had not been exclusive. Virgin, which has shown interest [...]
FTSE 100 ends August on a high despite economic fears August 31, 2011 BRITAIN’S top share index climbed 2.4 per cent yesterday as poor economic data in Britain and abroad fuelled expectations of further economic stimulus but it still recorded the worst monthly performance since February 2009. The benchmark FTSE 100 index closed up 125.87 points or 2.4 per cent at 5,394.53, on the final trading day in [...]
City success of 2011 fades on euro crisis January 8, 2012 FINANCIAL services firms experienced an unexpected acceleration in business volumes in the final three months of 2011, but remain pessimistic about future conditions, according to the Confederation of British Industry’s (CBI) survey of the sector, published today. Business activity rose for the seventh consecutive quarter, while incomes rose for the whole year. However employment levels [...]
City success of 2011 fades on euro crisis January 8, 2012 FINANCIAL services firms experienced an unexpected acceleration in business volumes in the final three months of 2011, but remain pessimistic about future conditions, according to the Confederation of British Industry’s (CBI) survey of the sector, published today. Business activity rose for the seventh consecutive quarter, while incomes rose for the whole year. However employment levels [...]