Bellway Hit by Falling Demand

Daily PostDecember 07, 2007

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Summary


HOUSEBUILDER Bellway yesterday said reservations were 7% lower than a year ago, after the credit crunch caused nervous consumers to put off house purchases.

Bellway, which employs 2,000 staff across 18 regional offices including a major base in south Liverpool, warned the outcome for its financial year to July 31 would depend on conditions during the key spring selling season.

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Bellway Hit by Falling Demand

The company said in a trading...

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