Alistair Leitch



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Bellway tempted back on to land trail but warns housing remains fragile

Scotsman.com (Free subscription) | 10/14/2009

The Newcastle-based company, Britain's fourth-largest UK housebuilder, said it had contracted or agreed terms for land costing more than £120 million since the start of August.While the deals could still fall through, the move signals a major chaADVERTISEMENTnge in tactics, after Bellway spent less than £95m buying land in the preceding 12 months.Finance director Alistair Leitch said...

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Bellway makes £36m loss

CN plus Housing RSS (Free subscription) | 10/13/2009

But in a year of retrenchment and cash generation, the company significantly reduced its debt by £180.9 million, to £36.8 million, busting its own target of £117.7 million. Finance director Alistair Leitch said an unspectacular year without any writedowns forecast for 2009-2010, would put the firm back on a profitable footing.