Group blames expected £30m loss in first half of year on weakening market and lower consumer confidence
Vistry Group, one of Britain’s biggest housebuilders, has warned it will make a loss in the first half of the year, after it resorted to heavy discounting to attract buyers for unsold homes .
Vistry shares fell by 8% after the firm also announced its finance director was leaving.
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This article was originally published by The Guardian and written by Julia Kollewe.
Read original article on The Guardian