WORK is underway on an extension to the Port Arcades shopping centre, in Ellesmere Port.
The centre has also signed up national fashion and home wares chain, Store Twenty One, for space in the scheme.
The extension is due for completion by autumn this year, and centre manager Les Lyon said: “This is great news for our shoppers. T
PLANT hire group Speedy Hire has signed new banking facilities worth £220m with a syndicate of six banks.
Its current £210m facility was due to end in June next year.
The new arrangement will run until January 2015 and involves Bank of America, GE Capital, Royal Bank of Scotland, Barclays Corporate, and two new lenders in Lloyds TSB and Burdale Financial, a subsidiary of Bank of Ireland.
Steve Corcoran, chief executive of Newton-le-Willows-based Speedy, said today: “We are delighted that our leading relationship banks have participated in the new revolving credit facility and that two new lenders have also joined the syndicate.
“The support of our banks in providing a facility which gives additional headroom and is more flexible is a great vote of confidence and illustrates both the strength of our balance sheet and the quality of our asset base.
“We now have certainty with regard to our medium term funding; this is another key step in our recovery and will underpin our strategy to grow the business in the years ahead.”
Michael Hartig, head of Barclays Corporate in Manchester, added: “Speedy is a key relationship for Barclays Corporate and one which actually dates back to 1946.
“We are delighted to have been associated with such a success story over the intervening period and our participation in this deal confirms our position as a one of the leading financiers to the company.
“We are delighted to continue to support the group in the fulfilment of their operational and strategic goals.”
The steady parade of market observers who came to San Antonio said, in no uncertain terms, that the market is still bad, and it will be two years before it gets better. (They have been saying “two years” for about four years now.)
Listen long enough, though, and you will hear an encouraging word. It came from Stan Humphries, Ph.D., chief economist of the home valuation website Zillow.com.
This is reaching, yes, but Stan Our Man pointed out that the Sarasota-Bradenton market, being first into the real estate hellbox back in 2006, looks like it might be one of the first markets out. Punch a Sarasota ZIP code into Zillow.com’s search window, set the chart for a 10-year perspective, and you will see both the exhilarating climb and disastrous fall of home values half a decade ago.
NASHVILLE – Tennessee Valley Authority ratepayers may have subsidized millions of dollars in tritium production costs for the country’s nuclear weapons arsenal.
An audit of the program in which TVA’s Watts Bar nuclear power plant makes bomb-triggering material for the U.S. Department of Energy turned up a major lack of data and other shortcomings that leave questions about who is paying.
That could include whether the nation’s taxpayers are subsidizing electricity production for ratepayers.
Published July 1st, 2011 10:12 am
Engineering researchers at Rensselaer Polytechnic Institute have secured a $2.7 million grant to develop the first-ever virtual reality simulator for “scarless” endoscopic surgery.
Funded by the United States National Institutes of Health, the four year study seeks to develop an emerging surgical technique called NOTES. NOTES has the potential for operating in the human abdomen with no external incisions, no external scarring, less pain and a lower risk of post-operative infection and immobility.
This will be possible by inserting a flexible endoscope through a natural orifice, such as the mouth. A small internal incision in the stomach or colon then allows the endoscope access to the abdominal cavity. The
The roller coaster ride for China stocks on Wall Street continues, with some firms subject to intense sell offs based on nothing more than rumors that unfavorable reports from research firms are in the offing.
You’ve seen the names in the news: Sino-Forest, Yurun Food Group, Spreadtrum. Seems like there’s a new story every day with fresh accusations that are later vehemently denied by the companies in question, who are often armed with reams of financial data. In a
A few years ago, I definitely had the beginnings of a credit card problem. With the average American family carrying about $8k in credit card debt, I may not be the only one! Credit cards arent a problem in and of themselves. They help you build a credit history for one thing. But you have to use them wisely. Here are a few signs that your credit card habits have gotten you in hot water:
1. You blow your budget. You often spend more than you can afford.
2. You put basics on your card. If you have to pay for groceries or other necessities with credit, you are likely living beyond your means.
3. Impulse buys are your thing. If you buy things you dont need in the heat of the moment, you could be at risk of overspending.
4.