Builders Take Fresh Battering

Summary


STRUGGLING housebuilders were given yet another beating today, sending their shares tumbling.

Goldman Sachs warned the industry was not out of the woods yet slamming the brakes on the recent share-price rally. It added: The UK housing market is only at the start of a deep downturn, which could last up to three years.

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Builders Take Fresh Battering

Persimmon shares...

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