Builder Trys to Build Up Investors' Confidence ; in Association with Rbs

The JournalJuly 07, 2008

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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.

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Builder Trys to Build Up Investors' Confidence ; in Association with Rbs

Barratt has been talking to its 10 bankers fo...

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