British builders report that Brexit anxiety is creating delays in new projects, and making it harder to get materials * Latest: UK construction PMI hits 11-month low * Stockpiling creates shortfall of building materials * Introduction: US and China ‘close in’ on trade deal 11.50am GMT OVER IN THE EUROZONE, GREECE IS PREPARING A NEW BOND ISSUE -- A FITTING WAY TO MARK HAVING ITS CREDIT RATING UPGRADED. The sale of 10-year debt could raise between €2bn and €2.5bn, according to strategists at Danske Bank A/S including head of fixed income Arne Lohmann Rasmussen. Greece last sold similar maturity debt in November 2017 as part of a bond exchange totaling almost 25 billion euros. Greece mandates six banks as lead managers for a new 10-year bond https://t.co/4j8xIVN6rs pic.twitter.com/VWAfgD783y 11.21am GMT IN A SEPARATE PIECE OF BAD NEWS, THE COMPANY BEHIND THE GIRAFFE AND ED’S EASY DINER RESTAURANTS IS PLANNING TO SHUT 27 OUTLETS, PUTTING HUNDREDS OF JOBS AT RISK. Continue reading...
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