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CML plans to boost lending

The Council of Mortgage Lenders (CML) has drawn up a plan to address the current funding problems in the mortgage market.
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Laing O’Rourke reports record overseas profits

Contractor Laing O’Rourke has declared a three quarter leap in profits despite poor UK market conditions thanks to the firm’s strong overseas order book.
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Barratt shares buoyed up by bank bailout

In a surprise move for the markets, Barratt Homes’ shares have risen by 17% after the firm confirmed it is close to completing a refinancing package.
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Balancing Act

Faced with the worst drop in sales for 30 years, the housebuilding industry is working its marketing tools increasingly harder to ensure its products can be all things to all buyers. So, rather than ignoring the elephant in the room, Natalia Gameson investigates how to get the right mix between price and quality in today's difficult market.
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Inflation will be curbed says King

Bank of England governor, Mervyn King, is confident that inflation will return to the government's target of 2%, but admits that the economy must slow first.
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Economic growth to slow to 17-year low

Economic growth in 2009 is expected to slow to its lowest level since the early 1990’s as the economy comes under pressure from higher commodity and oil prices, along with weaker consumer demand, the Confederation of British Industry (CBI) predicted today.
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Market will bounce back in a year, say economists

Economists addressing the British Property Federation’s (BPF) annual conference maintained that the property industry’s fortunes are set to recover by 2009 as the market becomes more transparent.
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Rate cut essential to save industry says HBF

The Bank of England must cut interest rates tomorrow by 0.5% to revive the housebuilding industry, says the HBF.
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Is a rate cut this week realistic?

The Bank of England (BoE) could be set to frustrate housebuilders this week by keeping interest rates unchanged at 5% for another month.
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Bradford & Bingley’s shares fall

Mortgage provider Bradford & Bingley has seen its shares fall as it announced a £8m pre-tax loss in the first four months of 2008.
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