Financial Times FT.com

UK builders in battle to survive

By Stanley Pignal

Published: August 12 2008 03:00 | Last updated: August 12 2008 03:00

After one of the most torrid spring selling seasons on record, UK housebuilders are using their moment out of the spotlight to adapt their businesses to the changed market conditions.

Amid the quiet summer months - sales always slow down over the holiday period and most companies are bound to silence in anticipation of their next interim results - builders have found their first opportunity to consider long-term options.

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