By Marc Roca LONDON (Reuters UK) - The country's biggest housebuilder, Taylor Wimpey TW, slumped to a 1.54 billion pound half-year pretax loss as the market for homes dried up and said it has yet to agree a crucial loan deal with its banks. The loss...
By Elena Moya and Tessa Walsh LONDON (Reuters UK) - McCarthy & Stone, the largest retirement homes builder, is talks with its lenders over re-negotiating its bank debt, as its loans plunged in value this week amid the worsening housing sector. Talks with the lenders are...
London (Reuters UK) - Housebuilder Bellway BWY said activity in the housing market remained weak in June and July, with home reservations falling by around 45 percent in the second half of the financial year. The company, which focuses on the lower end of the market,...
By Sumeet Desai LONDON (Reuters UK) - Prime Minister Gordon Brown has cut stamp duty on home purchases for a year as part of a package to boost the country's slumping housing market and lift his flagging political fortunes. The government said properties worth less than...
By Christina Fincher LONDON (Reuters UK) - House prices fell almost two percent on the month in August to post their biggest annual drop since monthly records began in 1991, the Nationwide building society said on Thursday. The decline, which was bigger than most analysts were...
By Sumeet Desai LONDON (Reuters) - British Prime Minister Gordon Brown cut an unpopular tax on home purchases on Tuesday as part of a package to boost the country's slumping housing market and lift his flagging political fortunes. Brown's government said properties worth...
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