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Civil Engineering in the papers today - Tuesday 11 November 2008

Emaar, the Dubai-based property developer, has abandoned plans to float on the London Stock Exchange next year amid a downturn in the property sector and turbulence in the global stock markets. . . . . .

When the plan was mooted this year, the IPO was expected to value Emaar at about $40 billion (£25.5 billion), which would have qualified it for entry into the FTSE 100 - The Times

Scottish Power plans to develop a string of wind farms around the UK capable of generating 6,000 megawatts in a joint venture with Vattenfall, Sweden's state-owned power company. The move will involve building up to 2,400 offshore wind turbines - The Times

Rain and gales blasted much of Britain yesterday, with roads flooded across the country. More severe weather is expected today - The Times

Two of the world's leading wind farm operators have teamed up to make joint bids for the next round of offshore licences in Britain. ScottishPower Renewables, part of Spain's Iberdrola Renovables, is joining forces with Sweden's Vattenfall with the aim of developing 6,000 megawatts of installed capacity - The Guardian

Gales and torrential rain swept across the south and Midlands yesterday, causing treacherous sailing conditions in the Channel and bringing flash floods back to towns and villages inundated last year. Cars were marooned and homes evacuated as drains blocked with autumn leaves were overwhelmed and rivers rose - The Guardian

A third runway is needed at Heathrow to protect businesses and secure jobs, ministers will say today. Geoff Hoon, the transport secretary, will overrule Labour backbenchers opposed to the plans for a new runway - Daily Telegraph

Property developer Hammerson says it will not start any new developments before the end of 2009 because of the economic downturn. The FTSE 100 Real Estate Investment Trust, which has opened new shopping centres in Leicester and Bristol this year, will cut jobs as part of a £3M cost-cutting programme - Daily Telegraph

Labour opponents of Heathrow expansion will meet Gordon Brown on Tuesday amid growing signs that the proposals are inflicting political damage on the government in seats crucial to victory at the next general election. MPs will on Tuesday line up to condemn the plans for a third runway and sixth terminal during a Commons debate, with many saying they should be abandoned in the light of the economic slowdown – The Financial Times

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