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Positive Outcomes

17 Jul
13:16

The long-term future of free NHS

Submitted by Conor Ellis, EC Harris, Global Account Leader, Health

Jeremy Hunt's 25 year vision is proving contentious - new consultants to work weekends and mechanisms to persuade the vast bulk of staff to move across will be likely fought by BMA and the RCN. In addition, there is the issue that the system is 15,000 nurses and 5,000 doctors short for the coming parliament before we move to seven day opening - and then there’s the cost. I do however agree with his judgement that 6,000 deaths and the inconvenience to the consumer/cost of lost commercial... Read More

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The long-term future of free NHS
14 Jul
18:36

Osborne raises insurance premium tax from 6% to 9.5%. What does this mean for you?

Submitted by Pam Joshi, EC Harris , Senior Financial Advisory & Risk Management Consultant

The increase in the insurance premium tax (IPT) from 6% to 9.5% is significant and is an additional cost straight to the bottom line of organisations and individuals through personal and commercial insurances. A hidden tax therefore.  Ensuring the premium in the first place is calculated properly, on the basis of the true risk, we can help clients reduce the impact of this cost immediately and reduce total cost of risk. The Chancellor has also pledged to regulate claims practice –... Read More

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Osborne raises insurance premium tax from 6% to 9.5%. What does this mean for you?
13 Jul
16:45

Local Authorities Threatened With “Naughty Step” Over Housebuilding Plans

Submitted by Peter Holden, EC Harris , Head of Development Management

A host of planning reforms were outlined by the Chancellor in the National Productivity Plan to address the housing shortage and boost housebuilding in Britain. Changes to planning rules in 2012 under the National Planning Policy Framework (NPPF) placed obligations on Local Authorities (LAs) to prepare local plans setting out a five year supply of land to meet demand. This announcement effectively threatens LAs to comply or face “special measures” type sanctions.  The... Read More

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Local Authorities Threatened With “Naughty Step” Over Housebuilding Plans
1 Jul
09:17

Runway decision is a step closer to bringing long-term competitive advantage for London: But is this enough?

Submitted by Mathew Riley, EC Harris, Global Head of Infrastructure, Industry and Utilities

So now we have it. The Davies Commission recommendation is for a third runway at Heathrow, but it has taken 12 years to reach this point. It was 2003 when the Aviation White Paper called for two new runways for London, the first to be built at Stansted by 2012 and the second at Heathrow by 2030. Both were identified as key to London and the UK’s economic growth. So does today’s announcement on Heathrow mean the shape of London’s future connectivity is resolved? Far from it.... Read More

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Runway decision is a step closer to bringing long-term competitive advantage for London: But is this enough?
29 Jun
17:30

How can Birmingham thrive in a changing world with an unmapped future?

Submitted by Simon Marks, EC Harris, Partner, Local Government & Regeneration

Birmingham is on the threshold of being one of the biggest success stories in modern times. With the devolution picture promising more power to the region and one of the largest Growth Fund settlements ever made, helped by the Strategic Economic Plan, the confidence is growing every day. The thought of the West Midlands having greater power and control over local transport, housing, skills and healthcare as well as being given the tools to grow the local economy and let local people keep the... Read More

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How can Birmingham thrive in a changing world with an unmapped future?
23 Jun
16:10

People and Money

Submitted by Simon Rawlinson, EC Harris, Head of Strategic Research

  With Britain building again, contractors are in short supply and people with the right skills even more so. Before the next crash comes along, the industry must look at ways to foster stability and maintain the workforce we need.  This month's London Real Estate Forum was buzzing with confidence. The venue was packed with project models for schemes that will be built and with developers brimming with confidence. Space is in short supply, so rents are rising, and London... Read More

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People and Money
3 Jun
17:21

Release of public land for housing can only help to relieve pressure – but how can Local Authorities respond?

Submitted by Peter Hogg, EC Harris, Head of Government and Municipals

Government targets to release public land for 150,000 homes over the course of this parliament is a very encouraging move and can only help the pressure on housing. However, the real prize will be how local authorities can use these public assets to create genuine tenure diversity, including  the greater levels of affordable and intermediate housing that are so greatly needed. Continued buoyancy in the housing market  will drive up land values and make disposals to developers for cash... Read More

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Release of public land for housing can only help to relieve pressure – but how can Local Authorities respond?
22 May
14:27

Practical steps to successfully implement totex

Submitted by Greg Bradley, EC Harris, Partner Utilties

Over the next 5 to 8 years, the regulated sectors in the UK will deliver total expenditure plans approaching £150 billion, and more if some of the mega projects such as HS2 and nuclear new build are taken into account. Within these investment programmes, there are several underlying drivers with regulators, asset owners and operators are seeking to achieve: customer outcomes, value for money and efficient delivery. Totex is being used as a new lever to drive the mindset and approach... Read More

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Practical steps to successfully implement totex
22 Apr
14:59

Tesco losses attributable to fall in value of property portfolio

Submitted by Kevin Chrisp, EC Harris, Sector Leader - Conglomerates & Consumer Goods

Tesco has this morning posted a record £6.4bn annual loss, £4.7bn of which was the result of a fall in the property value of its UK stores.  Although this is the biggest loss suffered by a UK retailer, it’s important that we maintain some perspective. This is not a cash-balance loss and Tesco is fighting back hard. In this instance, the property write-down is a clear example of how Tesco is looking to make the foundations of its business stronger. Given it’s entrepreneurial... Read More

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Tesco losses attributable to fall in value of property portfolio
20 Mar
11:25

Budget 2015: Not the public sector game-changer we were hoping for

Submitted by Philip Black, EC Harris, Head of Public Sector

Amidst the usual bluster and rhetoric we have come to expect from the Budget, any notable measures for the public sector were unfortunately few and far between.  We might have seen  increases in funding for church roofs, but there was nothing to further improve the condition of school buildings. There was greater fiscal autonomy for Local Authorities and the regions, but significant cuts for Government Departments and no new money for Local Government. And... Read More

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Budget 2015: Not the public sector game-changer we were hoping for

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