A Midland development company has shelved plans for a major housing development on a former industrial site and is instead going into the coal mining business.
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Developers and property owners which have the funds to proceed with building or refurbishment projects should take advantage of an unforeseen drop in tender prices and build now, according to King Sturge’s building consultancy team.
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The Bank of England gave no explanation when it held its official interest rate at five per cent for a fifth month, after its interest-setting monetary policy committee split three ways in its vote in July.
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A Midland shooting goods firm is flying out representatives to the Beijing Olympic Games where more than 75 per cent of competitors in the shooting events will be using its cartridges.
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