Housing News – Page 250
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NewsGovernment pledges £93m for stalled London schemes
Five stalled regeneration developments will benefit from cash injection as mayor announces scheme for first-time buyers
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NewsRedrow founder launches bid to seize power
Steve Morgan ups his effective stake to 29.9% amid speculation he is seeking to oust the current management team
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NewsPersimmon posts £780m loss as revenue falls 42%
Housebuilder reports 9% drop in average house sale price and says it will pay no dividend for 2009
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NewsNo rights issue tomorrow for Persimmon
Housebuilder will not announce cash call at tomorrow’s results but option is still on the table
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NewsMcCarthy & Stone gets nod for £800m debt deal
Debt-for-equity swap will see 60 senior lenders take control of the firm
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NewsNumber of unsold social homes ‘peaks’ at 10,000
Government claims backlog will fall as it funds conversion of 4,000 houses to rented property
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NewsHCA close to deals to revive regeneration sector
London mayor will announce first schemes to get government help to restart stalled sites
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NewsHousing stats: New-build sales and completions in January 2009
The future may still look grim for housebuilding, but sales were slightly higher than in December
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NewsCofton directors seek to put firm into administration
Contractor and developer falls as Castlemore and KW Linfoot also go under
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NewsHouse prices plunge 18% in 12 months
Nationwide reports record annual drop in value as prices fall 1.8% during February
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NewsBerkeley launches £50m share issue to buy land
Housebuilder to spend £300m on land purchases, partly funded by its recently doubled cash reserves
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NewsMJ Gleeson reports £24m half-year loss as 60% of staff cut
Urban regeneration specialist announces gloomy interim results in housing market 'worst in living memory'
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NewsPublic work boosts Kier construction division
Half-year results show 43% fall in group profit but construction division bucks the trend with 21% rise
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NewsBarratt posts £592m loss and cuts 29% of staff
Housebuilder cut staff by 29% over last six months of 2008 during an 'intensely difficult' period
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NewsBouygues wins £10m of London school and housing work
Contractor is appointed to extend a primary school in Leyton and design and build new homes in Brent
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NewsMPs urge rise in social housing targets
Report sets out raft of recommendations to boost public housebuilding and criticises government's unclear budgeting
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NewsRedrow staff halved as firm heads into the red
Housebuilder reports first-half loss of £46.2m and reveals it has shed 50% of its staff in a year
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NewsAnger as Blears calls in Minerva's £1bn Ram Brewery
Wandsworth council leader slams decision to hold up EPR-designed regeneration scheme
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NewsIndustry demands government builds 100,000 new homes
Kate Barker leads new campaign group calling for £6bn to be spent on social housing over next two years
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NewsHome repossessions rose 54% last year
Council of Mortage Lenders reveals that 40,000 properties were taken into possession in 2008 and predicts a further 75,000 in 2009