Sky Digital Media terminates sales contracts with 23 sports websites August 12, 2009 BSkyB’s digital sales house said yesterday that it will stop selling ads for 23 third-party sports sites as it moves to focus its resources on increasing revenues. The sites due to be terminated comprise mainly of small rugby, gymnastics and niche fan sites, and make up just 1.8 per cent of Sky Digital Media’s (SDM) [...]
Grainger: Property sector is over the worst of the slump August 12, 2009 GRAINGER, the residential property developer, yesterday added its voice to the growing number of firms who think the worst of the slump could be over, after it reported a rise in house sales turnover. Grainger, which has around £3bn of assets under management, said tough trading conditions in the residential sales market had eased in [...]
GM drives up sales via eBay August 10, 2009 RESCUED carmaker General Motors (GM) and online auction site eBay yesterday launched a test programme in California which will let consumers negotiate directly with dealers and buy vehicles online. The car shopping website – gm.ebay.com – marks a departure from the way new vehicles have been traditionally sold in the US and comes a month [...]
Are you more optimistic about the construction sector? August 10, 2009 MARK HOWSON RBS“Morgan Sindall’s update has provided some good news in the shape of heightened enquiries in the fit out business going forward as the lack of readily available Grade A properties starts to see the fit out market perk up. Property agents will be wanting to tart up properties to achieve faster sales. But [...]
Are you more optimistic about the construction sector? August 10, 2009 MARK HOWSON RBS“Morgan Sindall’s update has provided some good news in the shape of heightened enquiries in the fit out business going forward as the lack of readily available Grade A properties starts to see the fit out market perk up. Property agents will be wanting to tart up properties to achieve faster sales. But [...]
UK house prices seen rising August 10, 2009 STRONG growth in buyer enquiries and price expectations improved to their highest level since April 2007, the Royal Institution of Chartered Surveyors (RICS) will reveal today. Their latest market survey showed that only 23 per cent of surveyors reported a fall in house prices over the last three months, taking the net balance to -9 [...]
UK house prices seen rising August 10, 2009 STRONG growth in buyer enquiries and price expectations improved to their highest level since April 2007, the Royal Institution of Chartered Surveyors (RICS) will reveal today. Their latest market survey showed that only 23 per cent of surveyors reported a fall in house prices over the last three months, taking the net balance to -9 [...]
BEST FOOT FORWARD August 9, 2009 KURT Geiger, the high street shoe store favoured by pop stars, yesterday revealed a 21 per cent rise in earnings over the past year to 31 January 2009. The group, in a filing to Companies House, said that like-for-like sales had grown by seven per cent, boosted by business expansion. Earnings before interest, taxation, depreciation [...]
RSA boosts dividend despite a massive drop in its profits August 6, 2009 RSA INSURANCE yesterday posted pre-tax profits down 24 per cent in the first half of the year, as it unveiled a seven per cent dividend hike that it said underlines its positive outlook. The general insurer, which operates the “More Than” brand in the UK, posted profits of £301m, compared to £395m made in the [...]
Bellway provides renewed optimism as it launches placing to buy new sites August 6, 2009 HOUSEBUILDER Bellway yesterday supported growing confidence in the housing sector by posting a positive trading update and announced a share placing that aims to raise over £40m to buy new land. The group yesterday said it placed 5.7m new shares, equivalent to around five per cent of its current issued capital, at 779p, a small [...]