So, the nice decade is behind us. Mervyn King may have been referring to the surge in mortgages, food and fuel inflation, but each week the gloom soaks a little further into construction. In the past seven days, Persimmon has announced a redundancy programme, Countryside is to cut building by a third, Bovis Homes is to make its suppliers wait 90 days for their money and brickmaker Wienerberger is mothballing two of its factories. Grim, grim, grim. But what of the rest of the industry?
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