Construction & Real Estate

Rental costs fall as property market stalls

There has been an increase in the number of homes to let. Photograph: John Giles The cost of renting a home fell during the third quarter of the year as the market was flooded with property for which there are no buyers,...

China Mobile takes on Apple's App Store

Mobile application service plannedChina Mobile, the world's largest mobile phone service provider, plans to open its own mobile applications store similar to the Apple App Store for the iPhone and Google's Android Market for...

Lotus Pharmaceuticals Announces Third Quarter 2008 Results

Tuesday November 18, 7:00 am ET BEIJING, Nov. 18 /PRNewswire-FirstCall/ -- News ; "Lotus" or the "Company"), a company that controls and operates pharmaceutical companies in the People's Republic of China ("PRC"), today...

The recession map of England

Almost two in five of jobs lost will be in the two regions (see map right and below) which have been the engine room of the British economy over the past decade, according to Town Hall chiefs. These areas have also benefitted...

Layoffs as property slowdown accelerates

LONDON (Reuters) - In a sign of the increasingly acute contraction of the worldwide property market, building supplies company Wolseley announced a slew of layoffs and store closures, sending its shares tumbling as much as 8...

Carphone Warehouse plans for split after pre-tax loss

Sprawling company still in 'good shape' Carphone Warehouse boss Charles Dunstone has launched a "formal review of the group's corporate structure" which could lead to the breakup of the telecoms group.…

Stadium Inquiry Begins

On the day the public inquiry into the Kirkby Project gets underway, Everton acting CEO Robert Elstone has explained why a decision in favour of the development is 'critical' to the future of the Club...

Scalpel, forceps... infection. We know about bugs on hospital wards, but what about the operating...

Scalpel, forceps... infection. An estimated 400,000 NHS patients in England were affected last year, although the real figure could be much higher as many SSIs are not recorded because they emerge after the patient has been...

Wolseley to axe another 2300 jobs and close 200 branches

The collapse in the property market took a further heavy toll today as one of the country's biggest suppliers to builders axed 2300 jobs. Wolseley, which specialises in supplying kit for plumbers through its Plumb Center chain,...

Boom And Bust - The Inevitable Cycle?

Savills has published its forecast for both the UK mainstream and prime residential property markets in 2009. Presenting the forecast, which continues to anticipate total market falls from peak 2007 values of -25% by the end of...

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Construction , Real Estate