We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

No haircuts

2 April 2009 By Una Galani

The UK house builder s imminent deal with creditors may avert a shortterm covenant breach, but still leaves the group saddled with excessive debt. Unless the UK housing market makes a superspeedy recovery, TW will almost certainly need a second plan to get it on an even keel.

This content is for Subscribers only


Email a friend

Please complete the form below.

Required fields *


(Separate multiple email addresses with commas)