12 November 2020
McCarthy & Stone Sink To Big Loss
Blaming everything but themselves, reservations for McCarthy & Stone developments has collapsed by 40% and they are expected to shortly announce losses of £63,000,000. This at a time when the general housing market is booming?
McCarthy & Stone say that "Customers are being cautious"
About Firstport say customers are being cautious because they have heard of too many stories of poor overpriced services, customers being victims of price fixing frauds and collapsing resale values.
Currently McCarthy & Stone are attempting a rescue via venture capital company Lone Star
