Thursday, July 10, 2008

Bob the Builder cannot fix it

Two more housebuilders cut 40% of their workforces

"Redrow and Bovis Homes piled further misery on the housebuilding industry yesterday, cutting 850 jobs, reviewing their dividend policies and warning that the property market was in its worst state in living memory."

Posted by quiet guy @ 08:25 AM (591 views)
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5 thoughts on “Bob the Builder cannot fix it

  • Still no sign of the Halifax June report

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  • Mytimeisnigh says:

    I’ve been waiting for the Halifax report since friday….What are they playing at?

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  • why are there are no news items on it yet? fxstreet and forex factory both show a -2.0% MoM. Momentum has been kept!

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  • The number of self employed subcontractors being laid off must also be significant, mustn’t it? Or do these firms use only their own staff?

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