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Bovis Homes Group (1 results)
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- Bovis Homes Cuts Jobs and Dividend
- LONDON (Reuters UK) - House builder Bovis Homes Group plans to cut about 400 jobs and slash its dividend to cope with a dire housing market, but does not as yet expect any big writedowns of its land holdings, it said on Wednesday. In a trading...
- News items 2008-07-08
- More House Building Jobs Go in Gloom
- By Dan Lalor and Mark Potter LONDON (Reuters UK) - Builders Bovis Homes BVS and Redrow RDW are cutting 40 percent of their workforces, about 750 jobs in total, to cope with the deepening depression in the housing market. The downturn has gathered pace in the...
- News items 2008-07-09
- Housing Downturn Could Cost 100,000 Jobs
- By Dan Lalor LONDON (Reuters UK) - The slump in the housing market, with prices falling at a faster pace than during the 1990s downturn, could cost up to 100,000 jobs, according to an industry body. "The housebuilding industry has a huge multiplier effect on employment...
- News items 2008-07-11
- Prince Charles establishes USD2bn sustainable development fund
- The UK’s Prince Charles is setting up a GBP1bn (USD2bn) fund to invest in sustainable developments in the UK and is enlisting a team of property executives to chair the fund, which will be named Tellesma. Prince Charles is appointing investment bank, Credit Suisse, to raise money from Middle...
- News items 2008-06-30
- Consumer Morale Falls Again in June
- LONDON (Reuters UK) - Consumer confidence fell for a sixth month running in June as the economic outlook darkened, a survey showed on Wednesday. The Nationwide consumer confidence index fell four points to 61, taking it to the lowest since the series began in May ...
- News items 2008-07-09
- Builders Feel Pain as House Prices Fall
- By Sumeet Desai LONDON (Reuters UK) - House prices are sinking and housebuilders are first in the firing line for a property market downturn that is threatening to plunge the whole economy into recession. The cost of an average home fell by 2 percent in June,...
- News items 2008-07-10
- Housebuilders Rebound as Government Shows Support
- By Marc Roca LONDON (Reuters UK) - Shares in most housebuilders rose on Thursday following a government announcement that it will introduce a package of measures to help stabilise the housing market this month. Housebuilders, which have seen their market value plummet by over three...
- News items 2008-07-03
- Persimmon Cuts Jobs But Sees No Big Writedown
- By Dan Lalor LONDON (Reuters UK) - House builder Persimmon PSN is cutting over a quarter of its workforce as first-half home sales fell 31 percent, but said there would not be a significant writedown in the value of its land holdings. Chief Executive Mike Farley...
- News items 2008-07-08
- Taylor Wimpey Unable to Raise Cash, Shares Slump
- By Marc Roca LONDON (Reuters) - British housebuilder Taylor Wimpey TW has failed to raise the extra capital it said it would seek just two days ago, citing tough market conditions, sending its shares and those of its rivals plummeting. Taylor Wimpey also...
- News items 2008-07-02
- Taylor Wimpey Unable to Raise Cash
- By Marc Roca LONDON (Reuters UK) - Taylor Wimpey TW failed to raise the 500 million pounds it said it needed just two days ago, erasing half its market value and forcing its finance director's resignation. The company needs the money for lenders to agree to...
- News items 2008-07-02
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