Wales
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King Sturge publishes statistics on empty industrial space
The total of empty factories and warehouses around England and Wales continues to fall from a peak of almost 1.6m sq m (17m sq ft) in September 1993 to about…
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Modial seeks planning permission for £20m colliery project
Modial Mining, based at Porthcawl, south Wales is seeking planning permission to develop a colliery at nearby Margam to supply coking coal for the steel and other industries with a…
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Further education PFI deals hit £300m
Five big further education investment projects under the government’s private finance initiative were announced yesterday, taking to 34 the number of “pathfinder” contracts in the education sector, with a total…
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Kvaerner issues more writs in alleged espionage case
Kvaerner, the Norwegian engineering group, which owns Trafalgar House, yesterday stepped up its campaign against VAI, which it has accused of industrial espionage at Kvaerner UK subsidiary Davy International, the…
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Hyder looks for £10m property disposals
Hyder, the multi-utility formed after Welsh Water’s £893m takeover of Swalec, is to cut 900 jobs in a reorganisation set to save £100m a year in costs by the end…
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Mountview profits down
Mountview Estates turned in full-year pre-tax profits down from £9.32m to £7.89 on turnover up from £17.2m to £18.1m. The Daily Telegraph 19/6/96 page 33.
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Profits drop at Banner Homes
Pre-tax profits at Banner Homes fell 41% to £751,000 last year despite a 68% rise in sales by the housebuilder. The number of houses sold rose from 145 to 179.
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Cowie Group to buy British Bus as FirstBus lines up second rail deal
Cowie Group, the country’s sixth biggest bus operator, announced a £282m agreed takeover of British Bus, the third largest, yesterday. The deal creates an elite of three bus companies –…
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£35m Merthyr Tydfil retail and leisure scheme clears first hurdle
TBI and Highstar Developments have won the approval of Merthyr Tydfil Council for a £35m retail and leisure scheme on the site of the former Thorne EMI lightbulb factory, Swansea…
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Sale brings completion of Cardiff office scheme one step closer
Rightacre Properties has purchased the 1,525 sq m (16,400 sq ft) former synagogue at 13 Cathedral Street, Cardiff for £500,000. The vendors were the Receivers to Corinthian Development and Construction.
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Dynecast plant to be sited in South Wales
Dynecast, the precision engineering subsidiary of Coats Viyella, is to site its first European plastics moulding plant in South Wales, in a £5m greenfield investment that will create 130 jobs…
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Dock development underway in Wales
Associated British Ports is developing a 60.7ha (150-acre) site in Barry, South Wales, which will provide 1,000 new homes as well as retail and leisure facilities.