Abstracts - faqs.org

Abstracts

Business

Search abstracts:
Abstracts » Business

Takare homes open new doors for the elderly

Article Abstract:

Providing elderly care is a booming business in the UK. The British are currently living 30 years longer than during the 19th century, while the numberof people aged 85 and older is expected to reach 1.2 million by the start of the 21st century. Takare PLC, the market leader of the nursing home leader, is confident that it will be able to meet the growing demand for elderly care in the UK. Starting as a single nursing home under the government's Business Expansion Scheme, Takare is now a fully listed company with profits already growing to 11.84 million pounds sterling in 1992. It currently offers 4,785 beds while 720 more are under construction. The company's turnover has jumped from 8.45 million pounds to 48 million pounds while earnings per share was up from 4.5 pence to 12.1 pence. Deputy Managing Dir Hamilton Anstead believes that within ten years' time, Takare will have increased its market share three times.

Author: Grey, Sarah
Publisher: Institute of Chartered Accountants in England & Wales
Publication Name: Accountancy
Subject: Business
ISSN: 0001-4664
Year: 1993
Nursing and personal care, not elsewhere classified, Nursing homes, Nursing home management, Takare PLC

User Contributions:

Comment about this article or add new information about this topic:

CAPTCHA


Power house gets ready for take-off after market crash

Article Abstract:

Rolls-Poyce (RR) PLC is poised for a comeback after suffering huge losses in recent years. Since the start of the 1990s, the company's power and aerospace businesses have been declining due to radical changes in the market. However, under the management of Finance Dir. Michael Townsend, RR is now gradually returning to profitability. To ensure the company's survival, the finance executive introduced radical measures such as the closure of several plants and the reduction of the workforce by 35% since 1990. RR is also currently pursuing a strategy of expanding its product range, searching for the broadest possible applications for its products and shortening the lead-time on research and development projects. In addition, the company is trying to establish a strong presence in the US market. It recently bought the US Allison Engine Co. to achieve this objective.

Author: Grey, Sarah
Publisher: Institute of Chartered Accountants in England & Wales
Publication Name: Accountancy
Subject: Business
ISSN: 0001-4664
Year: 1995
Aircraft & Parts, Aerospace Product and Parts Manufacturing, Aircraft and Parts, Aerospace industry, Rolls-Royce PLC, Townsend, Michael

User Contributions:

Comment about this article or add new information about this topic:

CAPTCHA


On the right track

Article Abstract:

The costs of transportation represent a significant expense for manufacturers and commercial firms. The UK recession has necessitated that firms analyze their transportation needs to ensure that they are receiving the most economical and efficient service. Picking the right mix of transportation is dependent on the unique circumstances of individual firms. Railway transport is a cost-effective means for transporting large loads of bulk goods, while road haulage is a cost-effective alternative for most other markets. Firms should implement transport modeling systems as a means of keeping costs down and deliveries efficient.

Author: Grey, Sarah
Publisher: Institute of Chartered Accountants in England & Wales
Publication Name: Accountancy
Subject: Business
ISSN: 0001-4664
Year: 1991
Analysis, Usage, Railroads, Trucking, Transportation

User Contributions:

Comment about this article or add new information about this topic:

CAPTCHA


Subjects list: Management
Similar abstracts:
  • Abstracts: Beyond the corporate logo. Let the computer take the strain. Pulling Blacks back from the brink
  • Abstracts: There's no room for error. Receivers keep houses on the move
  • Abstracts: Some aspects of accounting for fair value. The accounting treatment of government grants
  • Abstracts: Forward and futures prices: evidence from the foreign exchange markets. Are real interest rates equal across countries? An empirical investigation of international parity conditions
  • Abstracts: Irrevocable life insurance trusts: one of the last estate and gift tax shelters. part 2 Grantor trusts are now useful planning tools
This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.
Some parts © 2025 Advameg, Inc.