Grainger's Move to Cut Costs Appreciated by City ; in Association with Rbs
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Summary
PROPERTY company Grainger wants to slash its costs by 10% under pressure of sinking property prices and it is considering ideas including renting out its spare offices.
Newcastle-based Grainger, the largest UK stock market listed residential property company, is also working to make as many house sales as possible to ease its pounds 1.65bn debt burden, while cutting back on new acquisitions.See the full content of this document
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Grainger's Move to Cut Costs Appreciated by City ; in Association with Rbs
Finance director Andrew Cunningham said yesterday the company was looking at a range of options to save money, incl...
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