UK mortgages: first time buyers given helping hand

The number of first time buyers (FTBs) getting onto the property ladder has dwindled in recent years, as they have effectively been priced out of contention. Now, a new initiative to build 10,000 new affordable homes on surplus public sector land for first time buyers has been drawn up in an attempt to jumpstart the market.

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The UK self-build mortgage market is set to more than double in size by 2015

Research by Datamonitor indicates that mortgage advances for self-build properties will rise from less than GBP800m in 2011 to GBP1.9bn by 2015. Growth will be fueled by growing consumer awareness of the self-build option, coupled with government measures to help those wanting to pursue this route to home ownership.

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Siemens: the old economy strikes back

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Siemens: power generation starts to shine

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Siemens/Framatome: nuclear power? Yes please!

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Power generation: one of the few bright spots for Siemens

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Nuclear power generation could be returning to favor

Public and political opinion on nuclear power generation may be improving as security of energy supply and reducing carbon emissions force their way up the political agenda. Nuclear power generation produces almost no carbon emissions and it seems that many are prepared to accept the risk of accidents and the long-term burden of nuclear waste in order to reduce carbon emissions in the short term.

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GE: record investment to stay at the top

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GE: combating the Enron effect

The Enron effect is prompting investors to question GE's 100 consecutive quarters of profit growth. However, the new disclosures should answer the skeptics. Although some divisions are suffering from the recession, its strategic business model means that other areas are cushioning the blow.

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Energy efficiency becomes a valuable proposition for the UK's local councils

With the 2020 EU emission targets looming, public and private sectors face mounting pressure to be more energy efficient. While large corporations have generally appeared more proactive, many SMEs and councils have struggled to see the economic sense of energy efficiency. Reigate and Banstead Borough Council however has demonstrated the economic and political value of practical green initiatives.

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