CTindex - Christian Today UK Interactive Catalogue
World

Persimmon cuts 1,000 jobs

Posted: Monday, July 7, 2008, 7:33 (BST)
Font Scale:A A A

House builder Persimmon will confirm on Tuesday that it has made around 1,000 staff redundant, the Telegraph reported on Monday, without citing sources.

The paper said this would bring the total number of job cuts announced in the sector over the past seven days to 3,200, with Taylor Wimpey and Barratt Developments also cutting staff.

Shares in Britain's housebuilders have plunged in recent weeks as home buyers have pulled out of the market amid tighter lending conditions by banks, an uncertain economic outlook and falling house prices.

Persimmon could not immediately be reached for comment.



© Reuters 2008. All rights reserved. Republication or redistribution of Reuters content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Reuters.
Have your say on this article
Light for Last Days
Google Advertisement
Externally generated - Report offensive links here
Has you Parish church hidden its treasure?  We will help you find it. Join the Prayer Book Society.
World Headline
Church groups respond as Congo conflict deepens

Church groups respond as Congo conflict deepens

Church-related aid agencies are assisting civilians displaced by the eastern Congo conflict as the UN special envoy...
Sponsored Features
Give a disadvantaged young person a brighter future this Christmas. Order "The most transforming time in my life". Why not find out more? Order books for all ages commending the free and sovereign grace of Almighty God.
01582 765448 Friendly printing company for churches, charities and businesses nationwide! Professional website design and web development for businesses and charities
Sanct Maria Abbey, NUNRAW
Cistercian Monastery and Guest House
Bookings: 01620 830 228
Email: nunraw.abbot@yahoo.co.uk
Google Advertisement
Externally generated - Report offensive links here

Christmas Gift Box

more gifts >