Page 17 - Muse Developments News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Waterside Places will stay on as development manager for the 106-apartment scheme in the Manchester neighbourhood.

Neil Tague The property business has reported pre-tax profit of £53.1m, with turnover and net cash also seeing healthy increases in the first six months of 2021. Morgan Sindall, which includes Muse Developments, fit-out arm Overbury and housing business Lovell Partnerships along with eponymous construction, investment and property services businesses, said that pre-tax profit was up by 286% on the first half of Covid-hit 2020, but also 46% up on H1 2019’s figure. Sales across the business reached £1.5bn, up 14% year-on-year and 10% on the 2019 figure, while net cash has more than doubled ...

UK: Labour-run Slough council declares bankruptcy after failed commercial deals Labour Party-run Slough borough council has become the third English local authority, after Northamptonshire and Croydon, to declare itself bankrupt. It has issued a Section 114 notice under the 1988 Local Government Finance Act, required if councils do not have sufficient financial resources to function, and announced an immediate “pausing [of] non-essential spending.” Slough Town Hall (credit: Wikimedia Commons) The notice followed discovery of a projected £96 million deficit in the council’s budget, and...

MAJOR schemes to redevelop sites in Bournemouth town centre have suffered further set backs caused by viability issues.

Four new buildings will contain 274 homes