PropertyEU

Barratt Developments signs £400m debt facility, lays off 1,200

By A staff reporter 2008-07-11T00:00:00

UK housing group, Barratt Development said that it had strengthened its financial structure with a new £400mln (EUR 502mln) debt facility in a trading update on Thursday. However, the company also announced that it is to lay off around 1,200 in a cost cutting bid to cope with the current ...

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