The collapse in UK housebuilding activity contributed to a profits warning by the world’s biggest brickmaker today.

British brick making giant Wienerberger today appeared to have won a lengthy takeover tussle for smaller UK rival Baggeridge.

The world’s largest brick maker moved closer to victory today in its year-long battle for smaller UK rival Baggeridge Brick.

London’s benchmark FTSE 100 Index again flirted with the 4200 barrier today before slipping back below its opening mark.