Latest News

Jewson opens dedicated \"Olympics\" branch

Builders merchant Jewson has invested £1.75 million in a dedicated outlet in Barking and three of its existing London branches, to support the 2012 Olympics construction programme.

Housebuilders in with chance to build Olympic Village

Barratt, Crosby and Bellway have all reached the shortlist to build part of the Stratford City regeneration scheme including the 2012 Olympics athletes village.

Growing demand outstrips supply

Demand has soared to more than double the amount of homes on the market according to estate agent Your Move.

Quarter point rise sees base rate hit 4.75%

The Bank of England has unexpectedly raised the base interest rate to 4.75% - the first hike in two years. Just eight out of 46 economists surveyed by Bloomberg News had predicted the increase.

McCarthy & Stone recommends new bid

Bidding for McCarthy & Stone stepped up a gear yesterday as the retirement homes builder recommended an offer by a Bank of Scotland led consortium.

Wimpey boosts profits by 25% during first half

George Wimpey has grown its pre-tax profit by a quarter to £152.3 million during the six months to July 2. While the UK business reported a healthy 7% rise in operating profit to £114.9 million, the strong performance of US arm, Morrison Homes, saw it grow profit by 23% to $125.3 million.

McCarthy & Stone bid hits £10.75 a share

Fierce bidding for control of retirement homes giant McCarthy & Stone is continuing, as the firm’s valuation hit £10.75 a share, following the latest offer tabled by the Broomco consortium.

Maximise section 106 gains, Cooper tells local authorities

Planning minister Yvette Cooper has called on local authorities to leverage more money from developers for affordable housing and infrastructure through section 106 agreements, which she claims are underutilised.

Exhibition cuts through Thames Gateway hype

Barratt social housing up