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. More »
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. More »
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. More »
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. More »
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. More »
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. More »