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New homes at 63-year low

The volume of homes being constructed in the UK this year will plummet to its lowest level since 1945, culminating in the loss of around 100,000 construction jobs. The country’s leading housebuilders have confirmed that around 100,000 homes will be completed this year – 70,000 units less than last year.
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Barratt shares plunge

Shares in Barratt fell by a further 8.5% this morning, following a 14% drop yesterday, as the downturn in the housebuilding sector continues.
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Barratt hires recruitment guru

Barratt has appointed Bob Lawson, chairman of recruitment firm Hays, as its new non-executive chairman.
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Barratt bitten by the credit crunch

Unable to escape the pitfalls of the existing credit crunch, Barratt has posted a rather bleak interim management statement.
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Mixed response

Browsing through Estates Gazette the other week I read an astonishing pop at you resi boys from the magazine’s editor Peter Bill.
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