Wolseley announces profit fall and job losses
Wolseley has reported a profit drop of 35% and will cut staff in its UK and Ireland branches.
Flint’s latest market measures still inadequate – Baseley
Housing minister Caroline Flint has announced a further series of measures to stimulate the ailing housing market, including a new “home buy to rent” shared eq…
RICS market survey show sales at 30-year low
The latest housing market survey from the Royal Institution of Chartered Surveyors (RICS) shows that home sales have fallen to their lowest level since the sur…
Wolseley expected to announce job losses
Wolseley is set to join a string housebuilders as it announces UK job losses on Wednesday (July 16) in its trading update, according to reports.
Industry bands together for new Construction Council
The CBI has announced that it will set up a Construction Council to bring all sectors of the industry together.
House prices 6.1% lower than last year says Halifax
House prices are now 6.1% lower than last year, according to Halifax’s house price index.
Barratt agrees new debt deal and sheds 1,200 staff
Barratt Developments has reached a new deal with its funders giving it longer to pay off £400 million of its total £1.7 billion debt, and is to make 1,200 staf…
Bank of England holds rates at 5.0%
Interest rates have been held at 5.0% as the Bank of England’s monetary policy committe (MPC) works to balance inflationary pressures with the major downturn i…
Prince\'s Foundation joins ecotowns drive
The Prince\'s Foundation for the Built Environment is to give design guidance for a potential ecotown scheme of 5,000 houses near Nottingham.
Redrow reduces capacity and makes 550 redundant
Redrow has moved to reduce its capacity as the continuing impact of the credit crunch has seen its sales volumes during the first six months of the year fall b…
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