Gas leak repairs 'costing me thousands every day'
7:20am Monday 18th June 2012 in News By Chris Holland
A furious Bradford businessman is still waiting for workmen to complete repairs to a gas leak which has severely disrupted his operations – after nearly two months.
Amjad Pervez, managing director of Seafresh Wholesale Distributors, said the business had lost hundreds of thousands of pounds due to repair work which has isolated his head office. Closing a local cash and carry operation alone had cost at least £20,000 a day in lost takings.
He reported the leak after smelling gas on April 19 and Northern Gas Networks engineers required around 60 staff to evacuate the firm’s offices on Mount Street, off Bowling Back Lane. Gas was leaking from one of the principle mains serving the Bradford area buried deep underground.
Mr Pervez, whose company is a major supplier of food and drinks for caterers and also operates nine cash and carry warehouses, said he had spent £70,000 on converting a nearby warehouse into temporary offices after the repair works surrounded his premises. Daily container deliveries of supplies to the Mount Street warehouse had also been hit by the gas works.
Mr Pervez has enlisted the help of Bradford East MP David Ward to try and find out why the work has taken so long and when it will be completed.
He said: “This has caused tremendous disruption to our business and cost us hundreds of thousands of pounds. It’s still going on after nearly two months and there doesn’t seem to be any end in sight.
“We had to vacate the building within an hour of reporting the leak, which was a nightmare. We had to reorganise data and phone lines and re-house staff in an old warehouse we own nearby which is not big enough to accommodate everyone. I have staff working from home and others are hot desking to enable us to carry on.
“I was promised daily updates by NGN but that only happened for the first few days. Since then I’'ve had to chase them and have been passed around to different numbers. I’ve spent 70 per cent of my time on this issue since it started and I believe there’s been a lack of management on the ground by NGN. It’s unbelievable that the work is taking so long.”
David Ward visited the site and described what he found as “a mess”. He will meet senior NGN officials there next weekend and discuss ways of resolving the matter.
He said: “I want NGN to explain why the work has taken nearly two months and when it will be finished. It’s clearly a big job but it has cost Mr Pervez hard cash and much disruption and I don’t believe he has been treated properly by the company. It’s not good enough for someone to shrug their shoulders and say it’s nothing to do with them when asked questions.”
Northern Gas Networks said it had ensured access to the Seafresh warehouse was maintained. The offices were closed as a safety precaution and regular face-to-face and telephone contact had been maintained with Mr Pervez and other nearby gas customers..
NGN said: “We are sorry that Mr Pervez feels that our communication with him could have been better and will address this with him directly to see where we can improve.
“We have carried out extensive engineering works to get things back to normal as quickly as possible. However, unavoidably complex and time-consuming works have been required. We know this is not ideal but we cannot take chances when it comes to gas safety.
“In addition, the geography of the area requires us to dig very deep to work on our mains. This impacts on the time it takes to complete works as we must ensure the excavations will not collapse – special supports have been constructed for this job.
“As part of the engineering work completed to date we replaced a section of gas main extending out to Bowling Back Lane. This work was completed last week and stopped the gas readings.”
Comments(22)
Joedavid says...
8:02am Mon 18 Jun 12
Camicus says...
9:17am Mon 18 Jun 12
Albion. says...
10:57am Mon 18 Jun 12
Albion. says...
11:02am Mon 18 Jun 12
Joedavid says...
11:34am Mon 18 Jun 12
mohammedyousaf says...
11:37am Mon 18 Jun 12
Albion. says...
11:43am Mon 18 Jun 12
justjustice says...
1:04pm Mon 18 Jun 12
Albion. says...
1:14pm Mon 18 Jun 12
justjustice says...
1:42pm Mon 18 Jun 12
Tim Love says...
1:45pm Mon 18 Jun 12
Albion. says...
1:47pm Mon 18 Jun 12
Reality001 says...
2:04pm Mon 18 Jun 12
Camicus says...
4:40pm Mon 18 Jun 12
mohammedyousaf says...
4:47pm Mon 18 Jun 12
Albion. says...
4:59pm Mon 18 Jun 12
justjustice says...
5:59pm Mon 18 Jun 12
Albion. wrote:No you didnt, Reality001 did, but mohammed is correct, this guy's premium will go up if he does make a claim, even if the insurance company get it from the gas company. The insurance company will say that since he made a claim his insurance premium will go up.justjustice wrote:By who exactly?
Yes you do, but you it's not their fault for the loss of business either and they shouldnt have to pay for it.
Just like with the small businesses that have closed around the Hole, they've closed due to lack of visitors to the area, thanks to Westfield mothballing the shopping centre. It's not their fault, they were told it'd only be a couple of years, and yet 8 years later still a hole in the ground. Those businesses should be compensated for the loss of business, as should this guy.
By WHOM you ask? Well the small businesses which have closed should be compensated by Westfield. This guy, by the gas company. But of course we live in a world where corporations are above the law, that their needs and profits are placed before the people.
Albion. says...
6:03pm Mon 18 Jun 12
justjustice wrote:Westfield would then be even less likely to favour Bradford if that were the case, the cost of gas is high enough already!Albion. wrote:No you didnt, Reality001 did, but mohammed is correct, this guy's premium will go up if he does make a claim, even if the insurance company get it from the gas company. The insurance company will say that since he made a claim his insurance premium will go up.justjustice wrote:By who exactly?
Yes you do, but you it's not their fault for the loss of business either and they shouldnt have to pay for it.
Just like with the small businesses that have closed around the Hole, they've closed due to lack of visitors to the area, thanks to Westfield mothballing the shopping centre. It's not their fault, they were told it'd only be a couple of years, and yet 8 years later still a hole in the ground. Those businesses should be compensated for the loss of business, as should this guy.
By WHOM you ask? Well the small businesses which have closed should be compensated by Westfield. This guy, by the gas company. But of course we live in a world where corporations are above the law, that their needs and profits are placed before the people.
arm grab man says...
7:26pm Mon 18 Jun 12
a reasonable sort of chap says...
8:23pm Mon 18 Jun 12
lazybeat says...
9:59pm Mon 18 Jun 12
Albion. says...
10:05pm Mon 18 Jun 12
Wholesale Apparel Retailer, ApparelUS.com, is Offering Loyal Customers Huge Discounts with the Reward Point System - Yahoo Finance
LOS ANGELES, June 18, 2012 /PRNewswire/ -- It is that time of year again when many people are ready to change up their wardrobe for the warm summer months. It can be difficult for many, however, to find all of the leading designers and styles, especially for those that are on the search for wholesale women's clothing at amazing prices. This is why one of the leading online wholesale apparel retailers, ApparelUS.com, is now offering a reward point system to all loyal customers in addition to their already low prices.
When it comes to finding the best options for wholesale clothes, there are a few key features that all customers should keep an eye out for in order to get the most out of every single dollar that they spend. First, it will always come down to finding the right styles and options for any occasion. From shoes to sweaters and wholesale jackets, everyone will want to be sure that their purchase remains on the forefront of fashion.
In addition to this, all customers will need to be sure that they are getting the absolute best prices possible on every single purchase. This is why ApparelUS.com is now offering a unique and exciting reward point system that is lowering the costs on already rock-bottom prices. For every single dollar that is spent with this retailers for dresses, accessories, rompers, leggings, shorts, and wholesale women's tops, customers will earn a reward point. With as few as 750 points, customers will receive automatic discounts on their next purchase.
Finding the absolute best styles, brands, and fashions this year no longer needs to be an expensive or time-consuming hassle. All customers deserve to have access to the clothes that they want at prices that they can afford. From wholesale plus size clothing to elegant dresses, ApparelUS.com understands exactly what their customers want. This is why they are now offering an exciting new reward point system for all those that would like to finally make their purchases with the confidence that they received the absolute best deals.
Visit http://www.apparelus.com to check out their inventory of women's clothing or to place an order. You can also call (800) 866-9070 for more information.
BT ‘Disappointed’ By Ofcom Leased Line Proposals - techweekeurope.co.uk
Ofcom is set to tighten regulations on how BT shares its high-end fibre lines, as part of its Business Connectivity Market Review published today, but the telecoms giant isn’t happy.
The review proposes to maintain and extend some of the existing regulation on BT, the major provider of wholesale services, but decrease it in London due to the increased amount of competition in the capital.
The regulatory authority said its proposals were necessary to meet growing demand for fast data services from businesses and consumers, and due to the number of changes which have occurred in the market since the last review in 2008.
BT told TechWeekEurope it was “disappointed” by some of the proposals, but welcomed the recognition of increased competition in London.
London competition
Ofcom said the combined measures were designed to sustain competition and ensure the UK had a number of high speed business networks capable of supporting services such as superfast broadband.
For products with speeds of up to and included 1Gbps, Ofcom is proposing to maintain existing regulation, including charge controls and the requirement of BT to provide access on a strictly non-discriminatory basis. Outside of London, Ofcom is proposing to regulate wholesale leased line services above 1Gbps as BT is expected to have “significant market power” in this relatively new market in all parts of the UK except for London and Hull, which is served by Kcom.
However, there will be a less strict form of price regulation on BT wholesale Ethernet prices for services of up to 1Gbps in London, due to greater competition. Ofcom said London benefits from a “substantial, competitive fibre infrastructure” in a wider geographic area than previously thought, meaning it will propose significantly extending the deregulated area for legacy high speed networks westward towards Heathrow.
“From an initial read of the document, we are disappointed that Ofcom has found that BT has market power in the highly competitive high bandwidth market and still intend to regulate declining legacy retail services,” a BT spokesman. “However, we welcome Ofcom’s intention to simplify and add certainty to pricing remedies in business connectivity, as well as their greater recognition of competition in London. We will continue to engage with Ofcom and other stakeholders throughout this consultation process.”
Ofcom will now launch a new consultation, which will close on 24 August and will outline the prices BT can charge for these products soon.
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Coast Wholesale Appliances About To Put More Money In Your Pocket - Forbes
On 6/20/12, Coast Wholesale Appliances Inc. (Toronto: CWA) will trade ex-dividend, for its monthly dividend of $0.035, payable on 7/5/12. As a percentage of CWA’s recent stock price of $4.15, this dividend works out to approximately 0.84%.
Click here to find out which 9 other Canadian stocks going ex-dividend you should know about, at DividendChannel.com »
Below is a dividend history chart for CWA, showing historical dividends prior to the most recent $0.035 declared by Coast Wholesale Appliances Inc.:
| CWA Dividend History | |
|---|---|
| Date | Div* |
| 05/24/12 | 0.035 |
| 04/25/12 | 0.035 |
| 03/21/12 | 0.035 |
| 02/22/12 | 0.035 |
| 01/25/12 | 0.035 |
| 12/22/11 | 0.035 |
| 10/27/11 | 0.035 |
| 09/26/11 | 0.035 |
| 08/25/11 | 0.035 |
| 07/26/11 | 0.035 |
| 06/23/11 | 0.035 |
| 05/26/11 | 0.035 |
| 04/26/11 | 0.035 |
| 03/25/11 | 0.035 |
| 02/24/11 | 0.035 |
| 11/26/10 | 0.083 |
| 10/27/10 | 0.042 |
| 09/28/10 | 0.042 |
| 08/27/10 | 0.042 |
| 07/28/10 | 0.042 |
| 06/28/10 | 0.042 |
| 05/27/10 | 0.042 |
| 04/28/10 | 0.042 |
| 03/29/10 | 0.042 |
| 02/24/10 | 0.042 |
| 01/27/10 | 0.042 |
| 12/29/09 | 0.042 |
| 11/26/09 | 0.042 |
| 10/28/09 | 0.042 |
| 09/28/09 | 0.042 |
| 08/27/09 | 0.042 |
| 07/29/09 | 0.042 |
| 06/26/09 | 0.042 |
| 05/27/09 | 0.042 |
| 04/28/09 | 0.042 |
| 03/27/09 | 0.042 |
| 02/25/09 | 0.042 |
| 01/28/09 | 0.083 |
| 12/29/08 | 0.083 |
| 11/26/08 | 0.083 |
| 10/29/08 | 0.083 |
| 09/26/08 | 0.103 |
| 08/27/08 | 0.103 |
| 07/29/08 | 0.103 |
| 06/26/08 | 0.103 |
| 05/28/08 | 0.103 |
| 04/28/08 | 0.103 |
| 03/27/08 | 0.103 |
| 02/27/08 | 0.103 |
| 01/29/08 | 0.103 |
| 12/27/07 | 0.103 |
| 11/28/07 | 0.103 |
| 10/29/07 | 0.103 |
| 09/26/07 | 0.100 |
| 08/29/07 | 0.100 |
| 07/27/07 | 0.100 |
| 06/27/07 | 0.100 |
| 05/29/07 | 0.100 |
| 04/26/07 | 0.100 |
| 03/28/07 | 0.100 |
| 02/26/07 | 0.100 |
| 01/29/07 | 0.100 |
| 12/27/06 | 0.100 |
| 11/28/06 | 0.100 |
| 10/27/06 | 0.100 |
| 09/27/06 | 0.100 |
| 08/29/06 | 0.100 |
| 07/27/06 | 0.100 |
| 06/28/06 | 0.100 |
| 05/29/06 | 0.100 |
| 04/26/06 | 0.100 |
| * Data may be adjusted for splits; we are not responsible for data errors; always verify data with the company. | |
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from CWA is likely to continue, and whether the current estimated yield of 10.12% on annualized basis is a reasonable expectation of annual yield going forward.
In Monday trading, Coast Wholesale Appliances Inc. shares are currently trading flat on the day.
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