30 June 2008

John Charcol Fires 25% of Workforce

As the crisis in the UK homes market continues to intensify, leading independent mortgage broker John Charcol has announced that a quarter of its staff is to be made redundant. Charcol has a tremendous reputation and frequently quoted by the quality newspapers. If they're in trouble then the weaker players must be in a really bad way.

Reports are now flying on from all directions that the housing market has collapsed. Price and transaction levels are falling. Yet little has really been done by the UK government. Maybe it's time for a review of stamp duty.

No comments:

Post a Comment