Economic conditions bring FTSE down

Pressure on housebuilding shares intensified today after sector-wide downgrades from investment bank Goldman Sachs.

Economic conditions bring FTSE down
Tue, 10 Jun, 2008 - 12:33

Pressure on housebuilding shares intensified today after sector-wide downgrades from investment bank Goldman Sachs.

The Royal Institution of Chartered Surveyors (RICS) added to the pain by revealing members sold an average of 17.4 homes in the past three months, the lowest since records began in 1978.

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CourtsBusinessHeathrowPlace: UKPerson: Ted BakerOrganisation: FTSEOrganisation: Goldman SachsOrganisation: Royal Institution of Chartered SurveyorsOrganisation: RICsOrganisation: PersimmonOrganisation: Barratt DevelopmentsOrganisation: RedrowOrganisation: GoldmanOrganisation: Alliance & LeicesterOrganisation: Lloyds TSBOrganisation: TescoOrganisation: SainsburyOrganisation: Marks & SpencerOrganisation: City
<p>Under the model, the HCCI said that home care referrals are issued simultaneously to all approved providers, who must respond immediately to secure the allocation.</p>

Home care firms want HSE to end home support allocation model

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