OFT GIVES HOUSE BUILDING INDUSTRY CLEAN BILL OF HEALTH
An investigation by the OFT into house building in the UK has given the industry a huge boost at what is a most challenging time. It will also give potential b…
House builders to set up code of conduct following OFT inquiry
The Office of Fair Trading has today announced its market study into housebuilders found that while the sector was 'broadly competitive', many homebuyers exper…
OFT clears developers of hoarding
:09 OFT rejects hoarding claims The Office of Fair Trading has cleared developers of accusations that they hoard land to push up house prices. An OFT study fin…
Business leaders and unions unite to plead for immediate interest rate cut
Business leaders and trade unions yesterday appealed for a cut in interest rates as the British economy continues to struggle amid the worldwide financial cris…
Beckett promises to help revive market
New housing minister Margaret Beckett used her first speech in the job to promise house builders she is ?willing to listen? to the industry?s problems. Mrs Be…
Beckett pledges further housing action
Housing minister Margaret Beckett pledged to do more to revive the flagging housing market in her first speech as the new minister. Speaking at a Home Builder…
Calls for a 1pc cut grow
There has not been a cut of this size since the depths of the last recession in 1992. However, experts warned that the bank often acts 'too late' and said 'bol…
Bank of England comes under pressure to slash interest rates
Pressure was mounting on the last night to deliver an unprecedented cut in interest rates tomorrow as a rush of figures showed the economy heading deeper into…
Stalled housing projects take off
Building work stalled by the recession is to restart on 740 homes in 10 locations, the first fruits of a government scheme to stimulate hous
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