Crest Nicholson has issued a warning that jobs are at risk following a downgrade of its annual profit forecast, attributing the move to persistent uncertainty surrounding government tax policy. The
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Sir Sadiq Khan’s emergency proposals to tackle London’s persistent housing crisis remain under significant scrutiny as major developers express scepticism over their likely effectiveness. The Mayor has unveiled a new
BT has revealed a sharp acceleration in broadband customer losses, with its Openreach wholesale network shedding 242000 lines in the second quarter. This figure marks a rise from 169000 losses
Prominent property developers have called on the UK government to overhaul taxes they argue are undermining the viability of new construction projects. This mounting pressure arrives amid a sharp decline
Britain’s largest housebuilder, Vistry, is holding firm to its profit forecast for 2025, despite mounting scepticism in the stock market following a tough first half to the year. The group,
Cement manufacturing in the UK has plunged to its lowest level since 1950, dealing a substantial blow to ambitions of revitalising housebuilding nationwide. According to the Mineral Products Association (MPA),
The UK construction sector has witnessed its steepest downturn since the early months of the Covid pandemic, casting significant doubt on the government’s pledge to deliver 1.5 million new homes
The UK housing sector is witnessing high drama as Housing Secretary Angela Rayner prepares to rescue renowned housebuilding figure Jeff Fairburn whose company’s spiralling cladding remediation liabilities now surpass £100
British housebuilder Vistry Group has delivered a devastating blow to investors with its third profit warning in as many months, sending shares plummeting on the final trading day before the
Britain’s leading housebuilder Persimmon has cautioned shareholders about an anticipated £15 million impact from national insurance contribution changes, alongside other rising costs that will affect profit margins in the coming
Persimmon, one of the UK’s largest housebuilders, has strengthened its housebuilding forecasts for the year, citing encouragement from the new Labour government’s planning reforms. The company’s outlook is already being
