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Search resuls for: "Alliance Manchester Business School"


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Modern tech-enabled versions of modular housing promise a faster, more sustainable solution to housing crises, according to experts. The fact that modular housing is also made in a controlled factory environment means less waste is generated, while also resulting in more energy-efficient homes. A 2022 report from industry group Make UK Modular highlighted that 80% fewer vehicle movements were needed to development sites with modular building. In the U.K. last year, Ilke Homes collapsed, while Legal & General moved to wind down its modular housing factory. By comparison, a Make UK Modular report published last year said more than 3,000 modular homes were being built in the U.K. annually, though there was capacity to build five times that number.
Persons: Prefabrication, William the Conqueror, Andrew Shepherd, Shepherd, Modulous, Jonatan Pinkse, Pinkse, Suzanne Peters, Daniel Paterson, prefabrication, Richard Valentine, Valentine, Selsey Organizations: Bloomberg, Getty, Sears, CNBC, University of Cambridge, Edinburgh Napier University, Ilke, Legal, King's College, Alliance Manchester Business School, Savills Research, McKinsey, Company, Ikea, Vonovia Locations: Foston, Derby, housebuilding, England, U.S, King's College London, Wales, Selsey, Sweden, Japan, prefabrication, Berlin, Germany
BoE's Mann does not see risk of raising rates too high
  + stars: | 2023-01-12 | by ( Andy Bruce | ) www.reuters.com   time to read: +1 min
My reading is we're not there yet," Mann said in a question-and-answer session after giving a lecture at Alliance Manchester Business School. The BoE raised its main interest rate to 3.5% in December from 3%; Mann voted for a bigger increase to 3.75%. Mann said she assessed the risk of over-tightening based on a range of metrics, including mortgage rates, equity valuations and currency strength, which fed into broader gauges of financial conditions, as well as financial market expectations. Financial markets see a 60% chance that the BoE will raise interest rates to 4% next month, and a 40% chance of a smaller rate rise to 3.75%. Rates are seen by markets as most likely to peak at 4.5% in the middle of the year, but with a high chance that the BoE could stop sooner at 4.25%.
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