Land write-offs called for by City
Language: English Series: Contract Journal ; vol 356 no 5789 27/9/90 p3Publication details: 1990Subject(s): Summary: The construction industry is reluctant to admit it will make a loss rather than a profit from housebuilding this year after proper reductions in land values have been written off its books. Some major groups - such as Costain , Tarmac , Amec and Laing - have already admitted in public that the price of land has fallen. Others still refuse to do so although values have halved in many parts of the country.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| News article | London News article | WB2638-39 (Browse shelf(Opens below)) | 1 | Available | 70598-1001 |
The construction industry is reluctant to admit it will make a loss rather than a profit from housebuilding this year after proper reductions in land values have been written off its books. Some major groups - such as Costain , Tarmac , Amec and Laing - have already admitted in public that the price of land has fallen. Others still refuse to do so although values have halved in many parts of the country.