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BARRATT BEATS THE BLUES

HOUSEBUILDER Barratt yesterday said there had been a 92.3 per cent shareholder take-up of its &pound;720m rights issue, strengthening signs of appetite returning to the housing sector.<br /><br />Barratt follows in the footsteps of rivals Redrow, Taylor Wimpey, Berkeley Group and Bellway which have all launched cash calls in the slump. <br />