House builder Persimmon will confirm on Tuesday that it has made around 1,000 staff redundant, the Telegraph reported on Monday, without citing sources.
The paper said this would bring the total number of job cuts announced in the sector over the past seven days to 3,200, with Taylor Wimpey and Barratt Developments also cutting staff.
Shares in Britain's housebuilders have plunged in recent weeks as home buyers have pulled out of the market amid tighter lending conditions by banks, an uncertain economic outlook and falling house prices.
Persimmon could not immediately be reached for comment.
-
The dire American political situation: a brief overview for faithful Christians in Britain
-
Conversion therapy ban supporters want prayer to be criminalised - this must not be allowed
-
Why the US election results do not bode well for America
-
Police appeal for witnesses after head smashed off Jesus statue at church war memorial
-
Archaeologists may have discovered identity of mystery skeleton in Westminster Abbey
-
Are we seeing the end of Western civilisation?
Most Popular
News
‘Major achievement’ hailed as Israeli officials step in to stop anti-Christian harassment
Harassment against Christian is sometimes justified by appeals to the Jewish religion.
What do Christian young women and men need to know about the opposite sex and themselves?
The first thing that Christian young women and men need to know is that the Bible is the operating manual for humans.
Saxon church saved from Historic England’s ‘at risk’ register after extensive repairs
Historic England has added 197 sites to its Heritage at Risk Register. However it has also managed to save dozens of buildings, including a 1,000-year-old church.
Trump’s midterm defeat and its implications for Christians on both sides of the Atlantic
America’s power and influence on the world stage, combined with Trump’s unpredictability and volatility, is a worrying mix.
