NEWS News brief...
JCB HONOUR THATCHER
JCB Chairman Sir Anthony Bamford said, “I am deeply saddened to hear of Baroness Thatcher’s death. Margaret Thatcher will be remembered for many things, but above all else, she had the courage of her convictions, she led from the front and ensured Britain enjoyed the respect it deserves overseas.” As a mark of respect, flags at JCB's factories were lowered to half mast and also flew at half mast on the day of Baroness Thatcher's funeral.
BPF WELCOMES £700M BOOST
The British Property Federation has welcomed the detail of a £700m government pledge to build up to 10,000 new build-to-let homes. In a written ministerial statement Housing Minister, Mark Prisk, announced the first tranche of winning bidders of the Build to Rent Fund, which was increased from £200m to £1bn in last month’s Budget.
PETERBOROUGH BRICK COMPANY FACED STRIKE
A brick company, near Peterborough, faced massive disruption due to a continuous strike by 13 burners from Monday 8 April in a dispute over holidays. Hanson Building Products employs about 200 workers at its site at Whittlesey in
Cambridgeshire and the dispute centred on a move by the management to unilaterally reduce the number of holidays for the burners from 25 to 21- days-a-year.
A change of tact Deepening South Cyprus financial crisis diverts British overseas property investors
Despite bank shut downs, empty ATMs and crashing property values, not all the ex-pats in Cyprus were losing sleep over the financial crisis. In fact, the 10,000 British property owners and residents in the Turkish-controlled Republic of Northern Cyprus (TRNC) – as well as British staff in the local banks and property development companies – were cautiously celebrating a “swing to the North” as the
first evidence began to emerge of a new confidence and investment in the north of the island in contrast to the stricken Republic.
TRNC now boasts rising property values in key investment areas – as well as new tax free zones and high bank interest rates of up to 9.5% for investors. In addition, brand new roads, marinas,
P
reviously viewed as somewhat of a murky investment zone, the
hospitals and educational institutions create a higher standard of living for ex-pat residents. All of this is very attractive to serious investors and property seekers who are seeking an alternative to the European South. “Of course we would like to see the whole of Cyprus in a positive financial situation” says Angela Henderson, Property Marketing Manager for Aphrodite Beachfront Village. “But there is no doubt that an unexpected side effect of this
Ecobuild India
The inaugural Ecobuild India, one of the largest
sustainability exhibition and conference in the built environment featured more than 100 sustainability experts as part of its comprehensive conference programme when it took place
at the Bombay Exhibition Centre, Mumbai from 16- 18 April 2013. The show built on the anchor event held in London in March, which brought together 45,000 design and construction industry professionals. The thought provoking conference programme covered pressing sustainability agendas from climate change to greening our cities to creating green homes and offices and will be
a source of inspiration, innovation and education for the built environment
community.Ecobuild India provides an ideal platform for government officials, manufacturers, industrial users, consultants, architects and industry experts to meet and develop solutions to the demanding challenges of the sustainable built environment. Headlining the conference programme was Make
4 | British Builder & Developer |
BritishBuilder.co.uk
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