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.... That statement will have left thousands of leaseholders worried, not only about whether their homes are safe but whether the cost of works will ultimately be passed on to them. When The Guardian first reported on this problem in May last year, the cost of refurbishing Roupell Park was estimated at £7m with the council admitting there had been “historic underinvestment in the council’s housing stock”. ... [Read full article on Guardian ]
Monday 31st of July 2017 06:00:41 AM
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Latest Finance News related to Refurbishing

Owners of ex-local authority homes face horror of bills running into thousands image
.... That statement will have left thousands of leaseholders worried, not only about whether their homes are safe but whether the cost of works will ultimately be passed on to them. When The Guardian first reported on this problem in May last year, the cost of refurbishing Roupell Park was estimated at £7m with the council admitting there had been “historic underinvestment in the council’s housing stock”. ...
The real cost of regeneration image
Source : Guardian [Read Article] Friday 21st of July 2017 05:00:09 AM
.... (There’s a book to be written about what a teenager would have to engage in to be found “positive” by someone from the council – writing code? Singing gospel? – but some other time. ) So when Lambeth proposed a regeneration, demolishing and rebuilding 305 homes, refurbishing 172, residents voted in favour by a modest majority. ...
Burberry drops plans to redevelop Leeds mill despite pick-up in sales image
Source : Guardian [Read Article] Wednesday 12th of July 2017 01:52:25 PM
....Despite the strong performance, Burberry said it had told Leeds city council it would not be taking up an option to redevelop the grade 1 listed Temple Mill, which was part of a £50m project to bring its textile and raincoat manufacturing under one roof. Brown said the plan was on hold as Burberry was still considering a number of options for the future including refurbishing its existing factories in Castleford and Keighley, developing a site it owns beside Temple Mill or building on an alternative greenfield site. ...
Closure of UK’s largest gas storage site ‘could mean volatile prices’ image
....The company said tests of the wells at the facility showed it had come to the end of its design life. Rebuilding or refurbishing Rough would not be economical, the firm added, though the cost of closure is expected to be broadly neutral because of the value of the remaining gas. ...
Cladding for Grenfell Tower was cheaper, more flammable option image
Source : Guardian [Read Article] Friday 16th of June 2017 12:15:05 PM
....Omnis Exteriors manufactured the aluminium composite material (ACM) used in the cladding, a company director, John Cowley, confirmed to the Guardian. He also said Omnis had been asked to supply Reynobond PE cladding, which is £2 cheaper per square metre than the alternative Reynobond FR, which stands for “fire resistant” to the companies that worked on refurbishing Grenfell Tower. ...
Complex chain of companies that worked on Grenfell Tower raises oversight concerns image
. A long chain of companies was responsible for refurbishing Grenfell Tower, raising concerns among architectural and fire safety experts about the quality of oversight and accountability on the £10m project of 2015-16. ...
Grenfell Tower's managers were reviewing safety after fire at another block image
....“JS Wright carried out a contract with Rydon Maintenance last year to provide Grenfell Tower with improved building services. “Rydon Maintenance was in the process of refurbishing the building for Kensington and Chelsea Tenant Management Organisation on behalf of the council. ...
'My parents want to help me but can't': readers on affording their first home image
....I can’t ask my parents for help as neither have any savings after they experienced health problems and bankruptcy. Both have offered to lend a hand with things like refurbishing when my partner and I do find a house, or letting us stay for minimal rent whilst we save. ...
Half of us aren't happy to discuss mental health at work image
Source : BBC [Read Article] Tuesday 2nd of May 2017 11:02:25 PM
...."The aim is to try to create a culture that says it's ok to put your hand up and say I'm struggling," he says. So when Pizza Hut Restaurants launched a turnaround programme a couple of years ago, a conscious effort was made to focus on improving staff well-being alongside revamping menus and refurbishing restaurants. ...
BrewDog accused of hypocrisy after forcing pub to change name image
Source : Guardian [Read Article] Sunday 26th of March 2017 04:42:58 PM
....Sallie McFadyen told the Guardian: “We had an email one day from their solicitors – and that was the first we knew of it – saying they had a trademarked spirit coming out. All our money has gone into refurbishing this place and getting it open and we don’t have the same money as they have. ...
UK 'must insulate 25 million homes' image
Source : BBC [Read Article] Tuesday 28th of February 2017 12:07:22 AM
....The report from a group of leading construction firms - the Green Building Council - says four out of five homes that will be occupied in 2050 have already been built. That means 25 million homes need refurbishing to the highest standards by 2050 - at a rate of 1. ...
Greggs sales boosted by healthier food image
Source : BBC [Read Article] Tuesday 2nd of August 2016 07:33:35 AM
.... We'll also see the first gluten-free products launch in the second half of the year," he said. The company is investing in refurbishing its stores - with 86 completed so far this year and plans for another 200 to be completed by the end of the year. ...
Carpetright shares shed nearly a fifth of value image
Source : Guardian [Read Article] Tuesday 28th of June 2016 04:13:51 PM
.... While the high street brand is well known, the retailer’s own research found that only 50% those surveyed would actually consider shopping there. This year it will spend £10m refurbishing 100 stores, replacing its dated red branding with a more contemporary logo on storefronts and a new staff uniform. ...
Asda replaces CEO with Walmart's China chief image
Source : Guardian [Read Article] Monday 13th of June 2016 11:11:27 AM
.... Walmart said last month that price cuts had failed to stop sales falling for the seventh quarterly period in a row as shoppers opted to shop in rivals’ smaller shops instead of Asda’s large stores. Andy Clarke launched a plan called “project renewal” to revive the business in October, including cutting prices, refurbishing big stores, scrapping products and shelving expansion plans. ...
Is YOUR local bank about to close? More branches listed for the axe image
Source : Daily Express [Read Article] Friday 10th of June 2016 09:25:00 AM
....In Aberdeen and Birmingham the group is closing three branches, but will also open one new 'flagship branch' in a more central location. For remaining branches, the firm will continue an investment programme that means refurbishing 10 outlets and refitting another 100. ...
Fears for high street grow as banks plan to shut 600 branches this year image
Source : Daily Express [Read Article] Sunday 22nd of May 2016 12:01:00 AM
.... The service will eventually be extended to users of Barclays’ smartphone app. The bank has spent more than £700million since 2008 on refurbishing its locations and equipping them with new technology that enables customers to complete more transactions unaided. ...
Co-op hopes to leave the past behind with revival of its classic 60s look image
....3bn investment to breathe fresh life into the 172-year-old group. It will include refurbishing the food shops and funeral homes and paying for new systems in its insurance business, as well as improving products and services. ...
The hands behind the heritage: inside the Burberry factory in Yorkshire image
.... After several years of making only the brand’s range of heritage trenchcoats, Castleford is now starting to make duffel coats and potentially other styles from Burberry’s fashion ranges. They are also doing special work such as adding monogrammed embroidery and refurbishing vintage coats. ...
Bookies lose £60m after 'worst-ever' Cheltenham Festival image
Source : Guardian [Read Article] Thursday 21st of April 2016 11:26:31 AM
....5%, as online gaming continues to gain in popularity. Ladbrokes slumped to a £43m loss last year, its first in a decade, owing to the cost of shutting and refurbishing betting shops, revamping its digital business and implementing its proposed merger with Coral, which still needs to be cleared by regulators. ...
National living wage hits services already at breaking point – LGA image
Source : Guardian [Read Article] Monday 28th of March 2016 11:01:00 PM
....”. Last year Ian Smith, chairman of the UK’s biggest care home operator, Four Seasons Health Care, told the Guardian it was closing homes and not refurbishing others because of the financial squeeze caused by rising costs and a fall in the fees that councils pay towards residents’ care. ...
Least satisfied rail users revealed image
Source : BBC [Read Article] Thursday 18th of February 2016 12:14:53 AM
....Long-running improvement work at London Bridge station has contributed to disruption in the South East, rail firms said. A Southeastern spokesman said: "We're part way through a £70m investment programme, refurbishing our trains and stations, providing more frontline employees for passengers, improving customer service training and providing more real time information during journeys. ...
'I've doubled my yield through letting ex-council houses' image
Source : Telegraph [Read Article] Sunday 31st of January 2016 06:33:10 AM
.... - 'Telegraph 25': the definitive list of our favourite funds . Mr Bennett also found refurbishing the house and adding a bedroom added to his yield. ...
'I've been paid £500 for spotting derelict properties - with thousands to come' image
.... "It's also lucrative, given the level of demand. You could buy a property for £250,000 or £300,000, spend £30,000 refurbishing it, and return it to the market for £100,000 more. ...
Mothercare's profits double as turnaround plan bears fruit image
Source : Telegraph [Read Article] Thursday 19th of November 2015 08:29:10 AM
.... . Mothercare has been refurbishing stores with a new look that includes maternity departments, cafés and play areas. ...
Coal power plants to close within 10 years - will Britain be able to keep the lights on? image
....  At a time when the National Grid is having to call on emergency diesel generation, and is looking at asking factories to stop production at peak times, it is perverse to be planning to close 25% of our generating capacity. “Germany is currently building or refurbishing a couple of dozen coal-fired plants. ...
Poundland to count the pennies in changing fortunes image
Source : Telegraph [Read Article] Saturday 14th of November 2015 05:30:41 PM
.... The company, which saw off a takeover approach from Destination Maternity last year, opting for a £100m rescue rights issue instead, is being steered by new chief executive Mark Newton-Jones. Mr Newton-Jones has tried to revive the business by refurbishing its UK stores and culling the number of promotions it runs throughout the year. ...
New Greggs menu and smarter shops boost sales ahead of forecast image
Source : Guardian [Read Article] Tuesday 6th of October 2015 07:28:40 AM
.... It also said the chain’s improved own-label drinks with no added sugar were proving popular. Greggs has been refurbishing stores and revamping its products to include healthier options as well as the sausage rolls and other baked goods for which it is best known. ...
EY revenues bust the £2bn barrier as deal volumes rise image
Source : Telegraph [Read Article] Thursday 1st of October 2015 04:00:08 AM
.... . Each of the firm’s partners was paid £700,000, or £27,000 less than last year, as the cost of refurbishing offices and hiring 4,500 new staff ate into a 6pc rise in profits. ...
Wates Group lands Shepherd deal bolstering turnover by £300m image
Source : Telegraph [Read Article] Wednesday 30th of September 2015 09:41:42 AM
.... Wates Group's Greenwich marketing hub in London. In London alone, the group is building residental properties on the Greenwich Peninsula, refurbishing the Chelsea Hospital and building a new exhibition facility at the Victoria & Albert Museum - "it's the biggest hole in London right now," claimed Mr Davies. ...
How recession-hit Rochdale is saving its troubled high street image
Source : Telegraph [Read Article] Wednesday 30th of September 2015 07:00:06 AM
.... . Chris Lesbirel has spent £30,000 refurbishing his new key shop in Rochdale  Photo: Paul Cooper/Telegraph. ...
BHS chief says with 1m customers a week the future is bright image
Source : Guardian [Read Article] Thursday 17th of September 2015 05:56:24 PM
....The BHS boss was speaking as the retailer unveiled a revamp of its shop in Watford, Hertfordshire. The retailer is refurbishing 20 of its 170 shops before Christmas. ...
Tackling New York's housing crisis image
Source : BBC [Read Article] Monday 7th of September 2015 11:55:35 PM
....And at the heart of that programme is his Deputy Mayor for Housing and Economic Development, Alicia Glen, a friend of mine for more than 20 years. The former Goldman Sachs executive is overseeing a $41bn project refurbishing 120,000 affordable units and building 80,000 new ones, with about $8bn in public money and $30bn of private capital. ...
Habitat plans large expansion to tap into home improvement boom  image
Source : Telegraph [Read Article] Saturday 5th of September 2015 05:45:29 PM
.... . The retailer is also spending £1m refurbishing its flagship Tottenham Court Road store and a further £1m updating its website to offer more home delivery options. ...
Source : Independent [Read Article] Wednesday 2nd of September 2015 05:15:00 AM
....7p. The feat came after a surprise rise in US auto sales and a pledge from the Chancellor, George Osborne, to spend £500m refurbishing the Faslane nuclear submarine base on the River Clyde in the  next decade. ...
'I own most of my street’ – buy-to-let investor, 26 image
Source : Telegraph [Read Article] Saturday 1st of August 2015 07:15:08 AM
.... He bought a repossessed three-bed terraced house on his street for £62,500, using the £6,250 he saved while studying and working part-time at Center Parcs as a 10pc deposit. He spent around £8,000 completely refurbishing the property, most of which came from a small inheritance. ...
What MBA students really think about the circular economy image
Source : Guardian [Read Article] Wednesday 1st of July 2015 02:49:29 PM
....The first time I heard about circular economy was nine months ago. I was aware of concepts such as recycling and refurbishing but never visualised them together in a complete business oriented model such as this. ...
RBS sorry for IT glitch but makes no promises for future image
Source : Guardian [Read Article] Thursday 18th of June 2015 03:57:41 PM
....The £150m annual spending is part of a £3. 5bn three-year transformation programme for RBS, which includes refurbishing branches. ...
Mobile banking has eclipsed branches and even the rest of the internet image
....17m per day, assuming they are open seven days a week. The research suggested that the number of transactions conducted in branches had fallen 6pc in a year, although banks have invested in refurbishing more than a quarter of all UK branches in the past three years, suggesting the high street remains a major source of business. ...
Bank branch use falls 6% as customers embrace digital advances image
Source : Guardian [Read Article] Sunday 14th of June 2015 09:00:11 PM
....”. RBS, which is 79% owned by the taxpayer, will spend £420m refurbishing 420 branches this year, it added. ...
Ex-council homes in London are a 'gold mine' for landlords image
Source : Guardian [Read Article] Tuesday 26th of May 2015 11:21:01 AM
....Elizabeth Harris, managing director of E J Harris said ex-local authority flats in central London benefited from being “nearly always large, with generous room sizes and in superb addresses. This makes them a ‘gold mine’ for anyone purchasing them, refurbishing them and then using them for rental income. ...
'I have 150 buy-to-let properties: here's how I choose tenants' image
Source : Telegraph [Read Article] Monday 25th of May 2015 06:00:15 AM
.... He cites as an example an old pub which he bought for £80,000. The cost of refurbishing it and splitting it into 14 studios was a further £120,000. ...
You can Reap the rewards of social housing image
Source : Guardian [Read Article] Saturday 23rd of May 2015 06:00:10 AM
.... It is a community benefit society – a type of mutual similar to a co-operative whereby any profits are ploughed back into providing better services or facilities. Set up in 2000, it specialises in buying empty properties and refurbishing them, and says that over the past 15 years it has brought more than 1,000 properties back into habitable use. ...
Fitness First turnaround spurs return to growth in the UK image
Source : Telegraph [Read Article] Monday 11th of May 2015 01:15:16 PM
....” . Fitness First, which has 377 sites around the world, said it had “re-engineered” 122 clubs by the end of 2014 and that it aimed to finish refurbishing the estate this year. ...
Greggs serves up £20m special dividend as sales go on a roll image
Source : Telegraph [Read Article] Wednesday 29th of April 2015 09:00:37 AM
.... . Greggs is refurbishing its portfolio of stores. ...
New landlord 'mansion tax' marks fresh attack on buy-to-let image
Source : Telegraph [Read Article] Saturday 25th of April 2015 07:00:13 AM
.... Green Party stalwarts Natalie Bennett and Caroline Lucas are critical of "excessive" landlord profits. Mr Stewardson, who has made millions from refurbishing run-down properties for the West Midlands rental market, said: "This new tax requirement is not at all clear and we are having an emergency meeting with our accountant, who needs to go into the policy in detail, to decide of we are affected. ...
Everyman raises £20m to snap up four cinemas from Odeon image
Source : Telegraph [Read Article] Monday 20th of April 2015 12:31:44 PM
....1m and a further £6. 1m will be spent refurbishing them "to existing Everyman standards". ...
British boss of Saks Fifth Avenue to leave image
Source : Telegraph [Read Article] Friday 3rd of April 2015 03:24:09 PM
.... She attempted to revitalise Saks by proposing to spend $1. 25bn (£838m) on refurbishing stores and adding more contemporary fashion brand, which she hoped would attract younger customers. ...
'Here's how I get 35pc yields on buy-to-let' image
Source : Telegraph [Read Article] Saturday 21st of March 2015 07:14:05 AM
.... He cites as an example an old pub which he bought for £80,000. The cost of refurbishing it and splitting it into 14 studios was a further £120,000. ...
'Here's how I get 35pc yields on buy-to-let' image
Source : Telegraph [Read Article] Saturday 21st of March 2015 07:00:16 AM
.... He cites as an example an old pub which he bought for £80,000. The cost of refurbishing it and splitting it into 14 studios was a further £120,000. ...
Co-operative Pharmacy brand to disappear after 70 years image
Source : Telegraph [Read Article] Tuesday 10th of February 2015 12:01:59 AM
.... Bestway wants to grow Well’s annual revenues from £750m to £1bn by 2019. It will spend £40m a year on hiring new staff, refurbishing pharmacies, expanding the group’s range of health services, and building a wholesale business. ...
Source : Reuters [Read Article] Tuesday 27th of January 2015 07:28:45 AM
....Separately on Monday, Spanish bank Santander said it had reached an agreement with the Post Office for its British customers to bank at the Post Office's outlets. Santander said the arrangement was part of a wider investment programme that has involved it refurbishing 40 percent of its branches and investing in technology. ...
Lamprell shares crash as it warns over oil price collapse image
Source : Telegraph [Read Article] Monday 12th of January 2015 12:23:02 PM
....” . Lamprell said its United Arab Emirates shipyards currently had seven rigs under construction with work on another two due to start shortly, and is in the process of refurbishing 10 rigs. ...
Kindle sales have 'disappeared', says UK's largest book retailer image
Source : Telegraph [Read Article] Tuesday 6th of January 2015 08:48:37 PM
.... . James Daunt, chief executive, told the Financial Times that the resurgence in popularity of hardback and paperback books was due to Waterstones refurbishing some of its 290 shops. ...
House of Fraser and Waitrose see strong festive sales image
Source : BBC [Read Article] Tuesday 6th of January 2015 08:27:00 AM
.... . The firm said it planned to continue to invest in its online offering this year, as well as refurbishing more stores. ...
The death of the beer tie will put thousands more pubs out of business image
Source : Telegraph [Read Article] Wednesday 19th of November 2014 08:03:13 PM
.... Over the past 10 years, Enterprise Inns has invested more than £620m, according to Deutsche; it plans to spend around £70m per annum, equivalent to £14,000 per pub per year. Punch also spends a lot of money, refurbishing pubs, training people and supporting tenants at the start of their tenure. ...
Why living on top of a prison would solve London’s housing crisis image
Source : Telegraph [Read Article] Wednesday 12th of November 2014 05:00:36 AM
.... . Citing similar examples in the UK and worldwide, the study suggests putting up six and 12-storey blocks of 100sq m affordable apartments above hospitals, government offices and courts, with the developer improving or refurbishing the property below as part of the deal. ...
We don’t have a housing crisis (as long as you don’t mind living above a prison) image
.... Last month, Bill Price a director of WSP, told a roundtable held by The Architects Journal that the company’s proposals are not as outlandish as they seem. The plan is about reclaiming land that is under-utilised, refurbishing dilapidated public buildings and making use of their air rights. ...
John Lewis celebrates 100 years of CUDDLINESS  image
Source : Daily Express [Read Article] Monday 3rd of November 2014 12:00:00 AM
....It said last year’s launch of international delivery serving more than 60 countries including China had fuelled rapid growth in its online business. It is spending £300million refurbishing its flagship store in London’s Oxford Street. ...
Questor share tip: Tesco shares are uninvestable image
Source : Telegraph [Read Article] Tuesday 21st of October 2014 05:00:20 AM
.... The supermarket group can cut spending in other places. Investment in refurbishing stores and overseas expansion can be greatly reduced from last year’s £2. ...
Myleene Klass to help aid Mothercare's £100m revival plan image
Source : Daily Express [Read Article] Wednesday 24th of September 2014 12:00:00 AM
.... It will close 75 unprofitable stores and open 20 new outlets taking its total to 160. “Our stores need refurbishing as half haven’t seen a lick of paint in a decade,” he said. ...
Mothercare new boss to invest own £400,000 in £100m rights issue image
Source : Guardian [Read Article] Tuesday 23rd of September 2014 08:57:01 AM
.... Newton Jones said the group had relied too much on cost cutting and price reductions in recent years, while failing to invest to keep up with changing customer demands. It will spend £20m on refurbishing all its branches and £10m improving computer systems in the hope of increasing online sales from 30% to 50%. ...
Craft whiskey distillers in Brooklyn? Yes, with a side of chocolate image
Source : Guardian [Read Article] Sunday 14th of September 2014 04:27:47 PM
.... The former aerospace engineer with a background of lucrative startups and inventions is also producing “single-source” organic chocolate. After selling off a parachute technology company he founded, Preston went back to his roots: he invested in refurbishing his family’s hundred-year-old defunct cacao farm in the Dominican Republic. ...
Ratatouille is nothing without Rosbifs image
Source : Telegraph [Read Article] Saturday 9th of August 2014 07:30:55 PM
.... . UK Loco also did specialist work for the 2012 Olympics, including creating the crucible from which the Olympic rings were “cast” during the opening ceremony and refurbishing the capsules on the London Eye. ...
Source : Independent [Read Article] Tuesday 15th of July 2014 01:21:39 AM
.... Oakman Inns & Restaurants, a chain of nine high-end pubs in Hertfordshire, generates 60 per cent of its sales from food. Its founder, Peter Borg-Neal, uses the same meat supplier as Windsor Castle, and spends about £1m refurbishing the pubs he buys, adding dining rooms, cosy outdoor areas and services such as Orderella, a smartphone ordering app. ...
China's Hony buys Pizza Express for £900m image
Source : Telegraph [Read Article] Saturday 12th of July 2014 12:52:03 PM
.... . It is understood that Gondola will begin exploring options for the two restaurant chains after Pizza Express has been sold and further work is made on refurbishing key sites. ...
Pizza Express on the menu for China's Hony image
Source : Telegraph [Read Article] Friday 11th of July 2014 07:34:27 PM
.... . It is understood that Gondola will begin exploring options for the two restaurant chains after Pizza Express has been sold and further work is made on refurbishing key sites. ...
Greggs baking up huge profits due to soaring demand for grab-and-go pizzas and sandwichs image
....Greggs, led by chief executive Roger Whiteside, said its new food-on-the-go strategy including pizzas, “heat to eat” sandwiches and sweet snacks had done well. It had also been helped by refurbishing 131 of its stores and by opening more outlets in locations such as retail and industrial parks and motorway service stations. ...
The Co-operative Group looks towards radical ideas on path to redemption image
....6bn acquisition of Somerfield in 2008 as well as its farms and pharmacies businesses. With the working title "True North", his plan is a straightforward one that involves refurbishing stores, improving product ranges and sharpening prices. ...
Tesco chairman pledges to turn around ailing supermarket group image
Source : Guardian [Read Article] Friday 27th of June 2014 07:09:24 PM
.... Broadbent, the former deputy chairman of Barclays, defended the position stating that the board's composition was evolving and that it was not wholly surprising there had been a turnover of executives in the wake of Leahy's departure. In April Clarke reported a third year of falling UK profits and at that time indicated it could take another three years for his turnaround plan, which involves refurbishing Tesco's hundreds of UK stores, to bear fruit. ...
.... The problem with his analysis is that there is precious little sign so far that Mr Clarke has even stopped the rot, let alone turned things around. Despite the hundreds of millions pumped into refurbishing stores, and improving lacklustre service, customers continue to desert Tesco in droves. ...
Sainsbury's sales fall again amid sluggish retail environment image
Source : Guardian [Read Article] Wednesday 11th of June 2014 07:34:06 AM
.... Clothing like-for-like sales were up by a "double-digit" figure, Sainsbury's said. But analysts pointed out that Sainsbury's large stores, which form the core of the business, were seeing underlying sales fall by more than 3% despite the company spending £1bn on refurbishing, opening or extending stores last year. ...
Heineken invests £126m to increase UK production image
Source : Telegraph [Read Article] Monday 9th of June 2014 02:19:42 PM
....5m hectolitres from 4m following an £58m investment. The remaining £18m will be spent on refurbishing and upgrading around 200 pubs. ...
Luminar back in fashion as profits jump image
Source : Telegraph [Read Article] Wednesday 21st of May 2014 04:32:25 PM
.... . The new management team has been spending £4m-£5m a year refurbishing the 50-plus clubs which were bought out of administration. ...

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