Homebuilders Slash Jobs as Mortgage Rates Hurt: The London Rush

While many homeowners are feeling the pain of rising interest rates, those working for building companies may be getting doubly hit. Persimmon, Britain’s biggest homebuilder, this morning said it cut hundreds of jobs in the six months through June as it navigates a housing slump and an... #press

https://www.bloomberg.com/news/articles/2023-08-10/homebuilders-slash-jobs-as-mortgage-rates-hurt-the-london-rush?utm_source=press.coop

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