Press release: Carillion: Official Receiver’s update

A spokesperson for the Official Receiver said:

11,450 employees have been found secure ongoing employment as a further 357 jobs have now been saved with employees transferring to new suppliers who have picked up contracts Carillion had been delivering.

Regretably 36 employees, whose positions are no longer required as Carillion’s business transfers to new suppliers, will leave the business later this week. Jobcentre Plus’ Rapid Response Service will provide them with every support to find new work.

I continue to talk with potential purchasers for Carillion’s remaining contracts and will keep staff, elected employee representatives and unions to keep them informed as these arrangements are confirmed.

further information:

  • In total, to date 11,450 jobs have been saved and 2,257 jobs have been made redundant through the liquidation
  • This information does not include jobs attached to contracts where an intention to purchase has been entered into but has not yet formally occurred
  • Around 3,300 employees are currently retained to enable Carillion to deliver the remaining services it is providing for public and private sector customers until decisions are taken to transfer or cease these contracts
  • Further information about rights in redundancy is available on gov.uk

To be notified of future updates from the Official Receiver please register to receive an email alert.

Link: Press release: Carillion: Official Receiver’s update
Source: Gov Press Releases

Press release: March 2018 Price Paid Data

This month’s Price Paid Data includes details of more than 90,000 sales of land and property in England and Wales that HM Land Registry received for registration in March 2018.

In the dataset you can find the date of sale for each property, its full address and sale price, its category (residential or commercial) and type (detached, semi-detached, terraced, flat or maisonette and other), whether it is new build or not and whether it is freehold or leasehold.

The number of sales received for registration by property type and month

Property type March 2018 February 2018 January 2018
Detached 20,144 19,174 25,932
Semi-detached 22,040 20,725 29,282
Terraced 23,036 21,462 30,741
Flat/maisonette 18,253 17,842 22,887
Other 6,811 6,046 7,953
Total 90,284 85,249 116,795

Of the 90,284 sales received for registration in March 2018:

  • 65,558 were freehold, a 3.4% decrease on March 2017
  • 16,355 were newly built, a 10% increase on March 2017

There is a time difference between the sale of a property and its registration at HM Land Registry.

Of the 90,284 sales received for registration, 25,075 took place in March 2018 of which:

  • 463 were of residential properties in England and Wales for £1 million and over
  • 275 were of residential properties in Greater London for £1 million and over
  • 1 was of a residential property in Birmingham for £1 million and over
  • 4 were of residential properties in Greater Manchester for £1 million and over

The most expensive residential sale taking place in March 2018 was of a detached property in the Barnet, Greater London for £15,000,000. The cheapest residential sale in March 2018 was of a terraced property in Bishop Auckland, County Durham for £20,000.

The most expensive commercial sale taking place in March 2018 was in the City of London, for £154,000,000. The cheapest commercial sale in March 2018 was in Bury St Edmonds for £100.

Access the full dataset

Notes to editors

  1. Price Paid Data is published at 11am on the 20th working day of each month. The next dataset will be published on Wednesday 30 May 2018.
  2. Price Paid Data is property price data for all residential and commercial property sales in England and Wales that are lodged with HM Land Registry for registration in that month, subject to exclusions.
  3. The amount of time between the sale of a property and the registration of this information with HM Land Registry varies. It typically ranges between two weeks and two months. Data for the two most recent months is therefore incomplete and does not give an indication of final monthly volumes. Occasionally the interval between sale and registration is longer than two months. The small number of sales affected cannot be updated for publication until the sales are lodged for registration.
  4. Price Paid Data categories are either Category A (Standard entries) which includes single residential properties sold for full market value or Category B (Additional entries) for example sales to a company, buy-to-lets where they can be identified by a mortgage and repossessions.
  5. HM Land Registry has been collecting information on Category A sales from January 1995 and on Category B sales from October 2013.
  6. Price Paid Data can be downloaded in text, CSV format and in a machine readable format as linked data and is released under Open Government Licence (OGL). Under the OGL, HM Land Registry permits the use of Price Paid Data for commercial or non-commercial purposes. However, the OGL does not cover the use of third party rights, which HM Land Registry is not authorised to license.
  7. The Price Paid Data report builder allows users to build bespoke reports using the data. Reports can be based on location, estate type, price paid or property type over a defined period of time.
  8. HM Land Registry’s mission is to guarantee and protect property rights in England and Wales.
  9. HM Land Registry is a government department created in 1862. It operates as an executive agency and a trading fund and its running costs are covered by the fees paid by the users of its services. Its ambition is to become the world’s leading land registry for speed, simplicity and an open approach to data.
  10. HM Land Registry safeguards land and property ownership worth in excess of £4 trillion, including around £1 trillion of mortgages. The Land Register contains more than 25 million titles showing evidence of ownership for some 85% of the land mass of England and Wales.
  11. For further information about HM Land Registry visit www.gov.uk/land-registry.
  12. Follow us: on Twitter@HMLandRegistry, our blog, LinkedIn and Facebook.

Press Officer

Paula Dorman
Head Office

Trafalgar House

1 Bedford Park
Croydon
CR0 2AQ

Link: Press release: March 2018 Price Paid Data
Source: Gov Press Releases

Press release: Alun Cairns: “Wales is on the fast track to new opportunities in the Gulf”

Wales is poised to tap straight into one of the world’s fastest growing economies with a new flight from Cardiff to Doha, the Secretary of State for Wales has said.

Alun Cairns spoke as he today (Sunday April 29th) began a two-day visit to the Kuwait and Qatar. The visit culminates with the Secretary of State joining the first direct flight from the Qatari capital to Cardiff on May 1, operated by national carrier Qatar Airways.

Mr Cairns is meeting Government Ministers from both Gulf states in a packed programme which starts in Kuwait before transferring to Qatar later today. He will also meet business people ranging from bank chief executives to the largest shareholder in luxury car maker Aston Martin and the head of Qatar’s biggest hospitality and hotel group.

The visit concludes with the Secretary of State boarding a Qatar Airways Airbus 350 – with wings made at the Airbus plant in North Wales – which will land at Cardiff Airport just before 1pm after a flight lasting 6 hours 50 mins. It will mark the first daily flight between the two cities.

Mr Cairns said:

Wales is on the fast track to new opportunities in the Gulf. The new flight from Cardiff to Doha plugs our entrepreneurs straight into one of the most dynamic economies in the Middle East, and an airport which offers a further 150 global destinations.

Qatar wants to diversify its economy away from oil and gas and branch out into healthcare, education, sporting events and other areas. This presents unparalleled opportunities as these are all growth areas for Wales – our financial services sector in Cardiff is one of the fastest growing outside of London, we have outstanding universities with global keen to take Qatari students, we have a world-renowned tourism sector and a proven ability to host international sports events.

The inaugural flight from Cardiff to Doha is the culmination of months of UK Government work both in public and behind the scenes. The Secretary of State for Wales discussed the ambition for a daily flight more than a year ago when he met Qatar Airways chief executive Akbar Al Baker at a UK investment summit.

The growing links between the two countries were underlined last September by the UK Government trade mission to Qatar, which concluded in a 20-minute display by the Red Arrows over Doha.

Mr Cairns added:

Wales is now intent on joining the Premier League of countries trading in the Gulf. Visitors arriving on the daily flight from Doha will get a warm welcome and a clear message – this is a country with open skies, and open for business.

Notes to editors:

  • While in the Gulf, the Secretary of State is meeting Ministers responsible for commerce, the environment, education, financial services, Welsh business figures in the region and Qatari alumni of Welsh universities.
  • The visit to Kuwait involves a meeting with financier Najeeb Al-Humaidhi, the largest shareholder in Aston Martin UK who also sits on the company’s main board. The luxury car company is to produce its DBX car at St Athan in Wales.
  • The flight is due to arrive at Cardiff Airport at 12.50 UK time
  • Qatar is already big business for the UK. Last year, the Welsh economy exported more than £150 million worth of goods to Qatar. From manufacturing to our famous foodstuffs, Welsh products are being shipped in big quantities to Qatar.
  • Qatar has already invested more than £35bn into the UK economy.

ENDS

Link: Press release: Alun Cairns: “Wales is on the fast track to new opportunities in the Gulf”
Source: Gov Press Releases