Abacus rescued from administration

Abacus rescued from administration

Lighting manufacturer Abacus has been rescued from administration by a group of investors after racking up an £8 million pension deficit.

Broke Hess 'can't afford' shareholder meeting

Broke Hess 'can't afford' shareholder meeting

Humiliated German light fitting maker Hess won't be holding an extraordinary shareholders’ meeting to discuss the financial situation at the company – because it can’t afford to.

Philips lighting sales flat despite big LED growth

Sales of LED products were up 38 per cent for Philips in the first quarter of 2013 – but it wasn’t enough to make up for the sluggish construction market, which left overall lighting sales flat at €1.98 billion.

Philips lighting sales flat despite big LED growth

Sales of LED products were up 38 per cent for Philips in the first quarter of 2013 – but it wasn’t enough to make up for the sluggish construction market, which left overall lighting sales flat at €1.98 billion.

 

Marks & Spencer goes LED in 170 stores

Marks & Spencer goes LED in 170 stores

Marks & Spencer has replaced T5 ribbon wall light fittings with Philips LEDs in over 170 of its shops, with the help of Balfour Beatty Engineering Services.

LEDs score No 10 a Breeam

Numbers 10, 11 and 12 Downing Street have received a Breeam Award after a series of green upgrades. This is the first refurbishment of the 300-year-old Grade I-listed building for decades.