RIBA posts another deficit as Portland Place closure hits trading

The Architects’ Journal RIBA posts another deficit as Portland Place closure hits trading The RIBA’s annual income fell by more than £2.5 million to to £28.1 million last year, primarily due to loss of money from ‘venue activity’ at its temporarily shut HQ The post RIBA posts another deficit as Portland Place closure hits trading appeared first on The Architects’ Journal Richard Waite

Darwin scales back complex NHS modular work after £3m loss

Cost overruns force modular specialist to refocus on smaller healthcare schemes

Vistry slashes regions as £661m loss lays bare scale of reset

Job cuts loom as house builder quits south east and regions cut from 25 to 12

Vistry to become smaller business after falling to £660m first half loss

New chief executive Adam Daniels says firm will be more geographically focused and plans to cut output to around 12,000 homes

Living REIT boosts profits and rental income in H1

The company reported pre-tax profits of £9.96m for the six months to the end of June, reversing a £2.9m loss for the same period last year. The post Living REIT boosts profits and rental income in H1 appeared first on Property Week.

Building Magazine - Fires on construction sites: A burning question, 27022020

Victoria Peckett on how the risks of fire and other damage during building work should be shared and what insurance cover is needed

What information is required to be provided, evidenced and substantiated in order for a Loss of Profit claim to succeed?

How do you decide on the validity of loss of overhead and profit in claims from subcontractors and contractors?