Summary
STRUGGLING housebuilder Barratt Developments is reported to be on the verge of writing down the value of its landbank by about pounds 100m.
A report yesterday also claimed the company with Newcastle roots would tell the City of a waiver of its banking covenants to help reassure investors about its financial health.See the full content of this document
Extract
Builder Trys to Build Up Investors' Confidence ; in Association with Rbs
Barratt has been talking to its 10 bankers fo...
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