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Housebuilders report steady trade

16:34 12 November 2012

Demand for new build homes holds steady

Demand for new build homes holds steady

DEMAND for new build homes is holding steady amid help from various government schemes, some of the UK’s largest housebuilders said yesterday.


Redrow and Taylor Wimpey told the City that while access to mortgage finance was still restricted, initiatives such as NewBuy, which underwrites 95% mortgages with participating lenders, had helped confidence.

Bovis Homes said prices were broadly stable, and generally stronger in the south of England.

As well as New Buy, Redrow chairman Steve Morgan pointed to the impact of the FirstBuy scheme, which helps low income buyers with an equity loan and said numbers would be “considerably lower” without this.



The Great House in Lavenham has been awarded three rossetts from the AA. Left to right, Martine and Regis Crepy, Enrique Bilbault, Swann Auffray, David Castro, Guillavme Dericq.

An award-winning Suffolk restaurant has officially been recognised as one of the best in the country.

George Bradley of Suffolk Secrets.

The belated arrival of settled weather in mid-September has helped to deliver an “Indian Summer” boost for Suffolk Secrets, one of the county’s leading holiday lets businesses.

Tesco  has revealed a 70% plunge in half-year earnings for its UK and Ireland business.

Supermarket giant Tesco revealed a 70% fall in half year earnings for its UK and Ireland business despite seeing an improvement in under-pressure sales.

The Cask Report has highlighted the importance of real ale to the the pub trade.

Drinkers of real ale are a “lifeline” for Britain’s hard-pressed pubs sector, according to a new study.

Some of SABMiller's beer brands.

Brewing giant Anheuser-Busch InBev today unveiled another improved offer for rival SAB Miller.

A queue outside of a Greggs store.

Baker Greggs warned the new national living wage will put pressure on the group to raise the prices of its pasties and sausage rolls.

Home Secretary Theresa May arrives to deliver her speech at Manchester Central during the Conservative Party conference.

Theresa May faced an angry backlash from business leaders and refugee charities for falsely “vilifying” immigrants in a bid to boost her own political career.

Amanda Bond, Visit Suffolk brand manager

The value of Suffolk’s tourism industry has grown to £1.85billion a year, according to new figures, with the total, for the 2013 season, represents a rise of £50million over 2012.

Pigs Gone Wild campaign project leader  Norman Lloyd with the organisation's own pig sculpture.

Businesses are being urged to get behind a public art initiative which aims to raise £100,000 for the St Elizabeth Hospice in Ipswich.

Dr Aled Jones, Anglia Ruskin University.

The director of Anglia Ruskin University’s Global Sustainability Institute (GSI) is in the running to be named the greenest academic in the UK.

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