New Town Will Be Started 'Only When the Time Is Right' ; the Managing Director of a Housing Firm Due to Build One of Two New Towns in Devon Says the Company Remains 'Committed' to the Project - but Will Start Building Only When the Time Is Right.

Western Morning News, The › September 23, 2008

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Summary

The managing director of a housing firm due to build one of two new towns in Devon says the company remains "committed" to the project - but will start building only when the time is right.

Simon Perks, managing director of Persimmon Homes in the South West, said the company was "constantly reviewing its plans" to deal with the economic downturn affecting the construction industry.

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Extract

New Town Will Be Started 'Only When the Time Is Right' ; the Managing Director of a Housing Firm Due to Build One of Two New Towns in Devon Says the Company Remains 'Committed' to the Project - but Will Start Building Only When the Time Is Right.

Fears have been raised this week the 7,500-home Cranbrook ...

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