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IN BRIEF: Harworth advances Ironbridge project, confident for 2021
Tue, 25th May 2021 16:12
Harworth Group PLC - Rotherham, South Yorkshire-based land regeneration - Chief Executive Lynda Shillaw tells annual general meeting that Harworth has made a strong start to 2021, progressing a pipeline of 30,668 housing plots and 26.1 million square feet of commercial space. Says demand for its serviced land and industrial units has been robust , and it is well-positioned to deliver growth over the remainder of the year . Harworth s largest residential development in the planning system is a 1,000-home mixed-use development at Ironbridge in Shropshire. This received the first of two required planning approvals last week. Net debt was reduced to GBP94.0 million on April 30 from GBP71.2 million on December 31.
Route 1 opens up API Jo Francis Thursday, May 20, 2021
Bluetree Group’s trade printing wing Route 1 Print is opening up its systems with a new API to facilitate automated print buying.
Route 1: Automated solutions can give so much back to our clients
The South Yorkshire-based business said the application programming interface (API) had been in development for some time, and was already being used by some key customers.
It is now opening up the option to a wider client base, making it available to clients that have a credit account and are able implement the necessary back-end development on their own MIS and e-commerce systems.
Just six construction companies went into administration in April, Construction News can reveal.
The number of administrations was the lowest for any month since Creditsafe began providing
CN with the data at the start of 2020. There were 10 fewer company collapses than in the previous month, and three fewer than in April 2020.
Commentators have repeatedly said that the continued government support and a ban on creditors action is helping keep numbers down.
Richard Tett, head of London insolvency and restructuring practice at law firm Freshfields, said the number is also reflective of global trends with support packages, limits on creditors action, rent and tax deferrals as well as “super low interest rates” and “generally supportive lenders” helping companies in many countries.
TRADING UPDATES: BioPharma Credit sees third year of consistent returns
Tue, 16th Mar 2021 15:35
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:
BioPharma Credit PLC - Exeter-based life sciences debt investment trust - Says net asset value per shares rises 1.8% to USD1.0217 at December 31 from USD1.0037 a year prior. Pays dividends of 8.29 US cents per share in 2020, comfortably ahead of the target to distribute at least 7 cents per share , and has recently declared a special dividend of 0.29 cents. Says it remains clear that the senior secured loans that form the majority of the company s portfolio continue to be one of the most attractive financing options for the life sciences sector . 2020 was the company s third full year of operations, marking the third year of consistent returns and targets met , according to Chair Harry Hyman.