7 July 2008 Archive
Housebuilder Persimmon set to cut 1,000 staff
Persimmon is thought to be cutting 1,000 staff, or 20 per cent of its workforce, in response to the slowing property market. |
Economic growth predicted to be 0.2% in June
Economic growth is predicted to be 0.2 per cent in June, almost the same as the growth in May. |
Lenders failing to pass on swap rate cuts
The cost of fixed-rate mortgage borrowing has continued to increase during what is described as an "extremely worrying time" for borrowers. |
Equity release booming amid bust?
New research from the UK's largest equity release organisation finds the market remains robust, despite concern over the health of the wider market. |
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