Layoffs at Wolseley as property slowdown accelerates (Reuters via Yahoo! UK & Ireland News)

In a sign of the increasingly acute contraction of the worldwide property market, building supplies company Wolseley announced a slew of layoffs and store closures, sending its shares tumbling as much as 8 percent in early trading.
Source: uk.news.yahoo.com

A positive consensus
If one reads the views of some commentators on the buy-to-let industry, the situation appears unremittingly dire: one...
Source: news.assetz.co.uk

When more of the same is good news
With the world economy struggling, many will look at the future with some foreboding, wondering about their jobs and ...
Source: news.assetz.co.uk

Billions in losses may have to be written off in one fell swoop - Belfast Telegraph
A comment from a senior stockbroker the other day may have summed up the banking problem. “While banks say publicly that they don't need fresh funds, most are privately resigned ...
Source: www.belfasttelegraph.co.uk

Cheaper in the eurozone?
One recent issue that may have held back British investors in eurozone property is the unfavourable price of the poun...
Source: news.assetz.co.uk