Redrow reports profit loss and mass redundancies

Feb. 24, 2009
Redrow reported a pre-tax loss of £46.2 million for 2008 and has made half of its staff redundant since last year. The housebuilder’s interim results for the six months ended December 2008, showed that it had made a pre-tax profit of £35.8 million from June to December 2007, in stark contrast to this year’s result. Redrow commented that it had …

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