British housebuilder Crest Nicholson is making losses due to problems in the real estate market
British housebuilder Crest Nicholson has plunged into the red and cut its dividend, highlighting the problems in the British property sector. The FTSE 250 company warned for the fourth time in a year that profits would be below expectations and said it was still hurt by volatile mortgage rates and slowing demand in the housing … Read more