Redrow

Market Report: Miners head lower on Cazenove downgrades

Miners fell back last night after Cazenove, worried by the rapidly deteriorating demand outlook, took an axe to its commodity price assumptions. "The resultant fall in earnings for the FTSE 100 stocks under coverage are...

FTSE up as China package plan boosts commodities

The top share index fell 1.9 percent early on Tuesday, tracking losses in the U.S. and Asia, as economic worries returned to the fore to hurt global markets, knocking oils, miners and banks. Skip related content

Sunday newspaper round-up: Lloyds TSB, HBOS, Premier Foods

Lloyds TSB is secretly providing financial support to HBOS through a £10bn loan facility, in a covert agreement between the two banks. The revelation of the deal, to help HBOS with its wholesale-funding needs, comes after two...

Business news roundup for November 9

SUNDAY TELEGRAPH Scottish bankers, Sir George Mathewson and Sir Peter Burt, are taking their campaign to derail the takeover of HBOS by Lloyds TSB and put themselves in control of the Scottish based bank, directly to...

Redrow up for grabs as Toscafund sells

Mark Foxwell and Helia Ebrahimi, Mail on Sunday Hedge fund Toscafund Asset Management is understood to be trying to sell its 27% stake in cash-strapped housebuilder Toscafund, which took a £300m hit from the collapse of...

Taxi switch for road closure

Nov 8 2008 by Jackie Bow, South Wales Echo A TAXI rank will be relocated while a town centre road is closed in Merthyr Tydfil for eight days. Merthyr Tydfil Council says the temporary closure of Victoria Street, from November...

1 Galliford Try in 50 mln pounds housebuilding writedown

the British construction group, warned Friday that it would have to make a 50 million pounds ($79.5 million) writedown on its housebuilding operations in the first half of 2008/09 and said it was taking "a more cautious view"...

Bovis warns of tough conditions

Housebuilder Bovis Homes has warned that it is operating in its worst trading environment "for many years". The firm now expects to complete about 1,800 home sales this year, down 39% from 2007's total of 2,930. Bovis said it...

Scottish Business Briefing – Thursday November 6, 2008

Published Date: 06 November 2008 WELCOME to scotsman.com's Scottish Business Briefing. Every morning we bring you a comprehensive round-up of all news affecting business in Scotland today. Read all today's economics news from...

Redrow's pessimistic forecast for 2009

The builder said it had sold 38 private houses a week in the past eight weeks, up from 28. It said this sales push had put its pricing under 'significant' pressure, which is likely to weaken profit margins. Redrow chief Neil...

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