Rumours continue of Barratt takeover or MBO
The Financial Times has today referred to rumours that Barratt Developments may be the subject of a takeover bid by \"a European construction company.\"
Housebuilders share prices rise on expectation of rate cut
Shares in the largest FTSE-listed volume housebuilders crept up yesterday, as the City\'s expectation of a rate rise increased, as has been borne out in today\'s decison by the Bank of England to cut the base rate by a quarter point to 5.5%.
Bank of England cuts base rate to 5.5%
The Bank of England’s Monetary Policy Committee has cut UK interest rates by 0.25% to 5.5%, it was announced today. (December 6).
FSA warns lenders to protect themselves against risk
The Financial Services Authority yesterday warned mortgage lenders to protect themselves against a possible worsening of credit and liquidity risks.
Councils could reduce carbon emissions by a third – LGA
Councils could help cut carbon emissions by one third by 2020, according to a new report from the Local Government Association’s independent climate change commission.
Inbuilt launches as \"first major UK sustainability consultancy\"
Inbuilt, which brands itself as the first major UK consultancy dedicated to delivering a sustainable built environment, launched this week.
Spicerhart predicts two 0.25% rate cuts
The Bank of England will make two 0.25% cuts, predicts Spicerhaart Financial Services in its latest housing market survey.
New taskforce set to boost construction apprenticeships
A new industry taskforce has been set up to double the number of successful construction apprenticeships in England over the next four years.
Falling house prices show market cooling in November
House prices fell by 0.8% in November, bringing the rate of increase down to 6.9%, according to Nationwide’s latest survey of the housing market.
Brown announces £9 billion funding for Gateway regeneration
Prime minister Gordon Brown announced the Thames Gateway Delivery Plan at the Thames Gateway Forum on November 29, which sets out for the first time how cross-government investment will be spent to regenerate the Thames area.
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