Housebuilder Bovis Homes says the biggest land-buying spree since the firm floated in 1997 will add more than £180 million to profits in coming years
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Bovis Homes says sales prices have been “modestly ahead” of expectations so far this year, but warns that the general election has created uncertainty in the housing market... more
Market Round-up: As Royal Bank of Scotland’s shares hit highs not seen since December 2008, one analyst warns that the strong run is unlikely to continue... more
Does Barclays need more cash? Credit Suisse believes so, warning that the bank needs to raise £17 billion over three years to meet new capital requirements... more
A new lurch downwards in the value of the ailing dollar and news of better-than-expected GDP in Japan signalled another rush for commodities, such as metals and oil and gold ... more
Investors were doing their best to look on the bright side today after the combined losses from Royal Bank of Scotland and British Airways reached £1.79 billion during the first six months of the year ... more
The boss of builder Bovis Homes today declared that the housing market is on the road to recovery as sales rise and prices stop falling so aggressively
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There is still no sign that the slump in the housing market has hit rock bottom. In fact, some property experts are predicting prices will continue falling throughout the remainder of this year, by as much as another 10% to 20% ... more
There is still no sign that the slump in the housing market has hit rock bottom. In fact, some property experts are predicting prices will continue falling throughout the remainder of this year, by as much as another 10% to 20% ... more
The stock market has again failed to consolidate its position above the 4500 level with investors choosing to give back some of yesterday’s commodities-led charge after opting to lock in profits, rather than chase shares higher ... more
House prices continued falling last month, piling on the gloom for the big UK builders. The value of the average home fell 1.9% to £161,883, stretching the annual rate of loss to 12.2%... more
Economics: Housebuilding shares soared after the Government launched plans to resuscitate the market — but analysts warned that any gains will be short-lived... more
Afternoon:
8°c
