A former BT vehicle depot on Cromwell Road in Cambridge with outline planning permission for 140 homes has been sold to Weston Homes for more than the £6 million guide price. See here
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BT profits surge 43% to £781m (half year). BT’s recovery under its chief executive Ian Livingston gathered speed today with half-year profits surging 43% to £781m after another round of cost-cutting. The shares hit an annual high of 168.5p, up 5.7%. Across BT as a whole more than 35,000 people have lost their jobs . . . → Read More: BT profits surge 43% – 35,000 people have lost their jobs Another beauty spot is treated to the attentions of BT. Locals have set up a Facebook campaign and there has been coverage from the East Anglian (BT are certainly keeping them busy with stories and, we hope, selling papers). The residents’ comments at the end of the article are well worth a browse. Here . . . → Read More: BT plan Wind Farm next to homes in Clare, Suffolk Interesting quote about BT not upgrading Broadband in our area. BT announced this week that more than 74,000 homes and businesses in East Anglia will have access to faster broadband by next spring. Customers will gain access to broadband speeds of up to 20 megabits per second – more than double the maximum speeds . . . → Read More: EADT – No net gains as BT snubs region NANT is not opposed to the creation of jobs on the BT site but does not see why BT needs the income from sale of greenfield land to pay for maintenance and improvement of its building (this is what BT has said in various documents). BT’s annual profits to 31 March 2010 were £1.007bn . . . → Read More: NANT is not opposed to the creation of jobs on the BT site Reported in Property Week on August 6th 2,000-home Adastral Park is biggest victim yet of Con-Dem planning policy void. Plans for a huge mixed-use development near Ipswich have been plunged into uncertainty by the government’s planning reforms. BT’s Adastral Park project, which comprises 2,000 homes and 650,000 sq ft of offices, is the largest . . . → Read More: Planning chaos hits huge Ipswich scheme EADT article about BT. BT workers at Adastral Park will be “hit badly” by job cuts in a major blow to the Suffolk economy, a union boss has warned….Read More. |
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