Impact of market turmoil yet to be fully assessed

Oct. 1, 2008
The housebuilding industry is nervously awaiting the fall out from the turmoil that swept through the global financial markets in September. The impact of the extraordinary events, which led to the takeover of Halifax Bank of Scotland by Lloyds TSB, is yet to be fully assessed by industry experts. However HBOS’s fortunes are tightly bound in with those of the …

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