Archive for June, 2009
The view from - Chris Wyer: Accounting & Business
The view from: Chris Wyer FCCA, finance director, Orwell Housing Association
Q. What challenges do you face at Orwell?
A. A housing association is a unique environment, combining challenges from both the public and commercial sectors. One moment you can be working on a 30 year financial viability plan for our regulators, the Tenant Services Authority, and [...]
Questions of Cash: Endowment standards fall short: The Independent
Q. Our 25-year endowment policy with Norwich Union (NU) matured in March. For most of the term, the final payment was predicted at £36,750. A year ago, NU advised of a possible shortfall of £1,250. The actual payment is £2,895 below the target amount. No information was provided about how the maturity proceeds were calculated [...]
Prime London leads market recovery: PrimeLocation
House prices rose slightly in May, according to the latest index from Nationwide – indicating that the property market may have bottomed-out. In particular, there are growing indications of higher demand for prime properties in London.
For story go to http://www.primelocation.com/news/prime-london-leads-market-recovery/
Home improvement costs may rise: PrimeLocation
Homeowners who buy conservatories and make other home improvements will have to meet tougher energy efficiency obligations under proposed new regulations expected to be endorsed by ministers in the coming days.
For story go to: http://www.primelocation.com/news/home-improvement-costs-to-rise/
Child support debt jumps: Public Finance
Northern Ireland’s Child Support Agency has a gross debt of £82.6m, the annual report from the Northern Ireland Audit Office reveals. Of this, £35.7m is collectable, believes the NIAO.
But the NIAO is concerned that the collectable debt figure is rising annually and increased from £29.9m the previous year, 2006/7. The NIAO is also concerned [...]
Enniskillen hospital signed-off: Public Finance
A new £270m PFI hospital in Enniskillen has been signed-off and construction will begin shortly, following months of difficulties in getting funding finalised. Problems had been caused when HSBC withdrew from a consortium of funders.
The contract was awarded to the Northern Ireland Health Group consortium, comprising FCC Construction SA, Allied Irish Bank Plc., Interserve Investments [...]
