Builder Redrow to Sell Struggling Scottish Arm

Western MailApril 20, 2011

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Summary


HOUSEBUILDER Redrow is to sell its loss-making Scottish business and concentrate on the more lucrative London and South-East of England market.

The Flintshire-based group said in the financial year to the end of June its Scottish division made 185 sales and had turnover of pounds 31m, adding that this was not "acceptable".

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Builder Redrow to Sell Struggling Scottish Arm

Redrow, the sixth largest housebuilder by market value, said its strategy over the l...

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