Aukett to raise 2 million pounds to tackle debt
Article Abstract:
UK architects Aukett Associates announced a rights issue in November 1996. It is expected that shareholders will support this effort to raise 1.76 million pounds sterling towards Aukett's 2.6 million pounds sterling debt. After previous losses, Aukett announced a small profit for the year to September 1996 with an upturn in business for the last six months of that period. Aukett's plans now include the introduction of a profit-related pay scheme and the expansion of its European work which is through joint ventures and associations with European firms.
Publication Name: Building
Subject: Construction and materials industries
ISSN: 0007-3318
Year: 1996
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Shades of green
Article Abstract:
The UK government is offering Green House grants to local authorities to promote energy saving techniques in house building. Insulation conserves energy. Environmentally-friendly insulation does not contain CFC gases; energy required for its manufacture it low and it is harmless to workers and residents. Materials included are recycled paper, mineral fibres, foamed glass and non-CFC-blown expanded polystyrene. Recycled paper is suitable for insulating walls but not for cavity walls. It is the most popular environmentally-friendly insulation material.
Publication Name: Building
Subject: Construction and materials industries
ISSN: 0007-3318
Year: 1993
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Land prices imperil profits
Article Abstract:
Land prices in the south-east of the UK have been rising in 1996, and analysts expect the trend to continue. This poses a threat to housebuilders' profits. London has experienced the greatest rises but the South as a whole shows a buoyant market whereas there is no upwards movement in land prices in the North. Average land prices across the UK will have risen by 9% at the end of 1996. Analysts forecast a national rise of 6.75% to 7.75% in 1997 with rises of up to 40% in the South-East. This is expected to restrict development.
Publication Name: Building
Subject: Construction and materials industries
ISSN: 0007-3318
Year: 1996
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