not wishful thinking yet12 Jun 2008 13:05
The poles have gone because the eastern european wages are increasing, so working here is not such the cash cow that it was. the builders are being laid off cos why build more homes than the market requires, all builders are doing and have been announcing that is what they will do until the housing slump reverses. PSN has been taking measures since last year to cut costs and streamline the business for the short term due to the crisis that has been unfolding. Look at its figures, short term there will be no growth, long term it is in a strong position and will rebuild, in more ways than one!