Taylor Wimpey, the company that wants to build 640 houses in Debenham, took a hit last year from the scandal surrounding its sale of leasehold homes. It allocated £105 million to deal with the problem. As a result profits after tax and exception items were down 5.8 per cent at […]
House builder Persimmon’s profits soared by a quarter last year to close-on a billion pounds. The price of shares in the company soared by 11 per cent this morning after it announced a pre-tax profit of £977.1 million for 2017. Revenue for the year, £3.42 billion, was up by nine […]
Jeff Fairburn, chief executive of Persimmon, Britain’s second largest house builder, has agreed to cut his bonus by £25 million — from £100 million. The gesture, in the face of attacks on corporate greed, will also see two of his board colleagues loose £26.5m. Chief financial officer Mike Killoran will […]
Suffolk news from the BBC