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Keep up to dateBellway Homes has claimed heavy discounting by rivals could lead to further writedowns.
Its order book at the end of November was £340m, compared with £677m in 2007.
Sources close to Bellway Homes have claimed that its bosses were scapegoated in a row over directors’ bonuses
Shareholders may try to block decision to pay six-figure bonuses despite 30% fall in profits
Cathal O’Rourke says contracting’s cherished 5% figure can be achieved and warns current industry average ‘is not sustainable’
Firm had argued that original £16m figure handed to it last March was excessive
Construction on high-speed rail scheme started too early, new chief tells MPs
New name comes after sale to private equity in August
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