Financial Times FT.com

UK housebuilders

Cash call allows Barratt to develop

By David Fickling

Published: September 23 2009 22:27 | Last updated: September 23 2009 22:27

Builders complete rendering on a Barratt development
Remodelling: builders complete rendering on a Barratt development. After two difficult years, the sector itself has taken on a new look

Barratt Developments’ £721m cash call has rescued Britain’s biggest housebuilder from the point of no return, the group said.

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