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The Latest Breaking News from Persimmon

House market slump hits Persimmon profit as south and east counties stay "weak"

Shares in the York-based firm fall after drop in annual profit and slowdown in completions

Evening Standard

Housebuilder shares fall as competition watchdog opens investigation; UK retail sales slump eases – as it happened

The CMA has opened an investigation into eight housebuilders following evidence they may be sharing commercially sensitive information.

The Guardian - UK

Crest Nicholson chief executive to step down as profits dive by 70%

Persimmon’s Martyn Clark to replace Peter Truscott after he retires later this year

The Guardian - UK

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6 best terracotta paints that are interior designers' go-tos for creating an earthy and warm scheme

What are the best terracotta paints? Interior designers round up six of their favorites, perfect for creating a warm and 'earthy' decor scheme

Homes & Gardens

We can’t live in our new, leaking Persimmon home

There is mould in all of the bedrooms and the smell is terrible, but the company has failed to fix the problem

The Guardian - UK

How big UK housebuilders have remained profitable without meeting housing supply targets

We must “bulldoze through” the planning system to “get Britain building again”. So said Sir Keir Starmer at the Labour party’s last annual conference. He argued it’s time to “fight the blockers” and build the 1.5 million homes that he thinks Britain needs.

The Conversation

FTSE 100 live: House prices higher, grocery inflation falls below 10%, blue-chip shares steady

The first Marks & Spencer dividend in four years amid the latest signs of turnaround progress today sparked a big jump for the retailer’s shares.

Evening Standard

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UK housebuilder giants set for tumble in annual completion numbers, analysis shows

The housing industry has been grappling with various challenges from soaring mortgage costs hitting buyer demand, to the Help to Buy scheme closing to new applicants last October

Evening Standard

Cracked tiles, wonky gutters, leaning walls – why are Britain’s new houses so rubbish?

Buying a brand new property these days is often less of a dream home, more a living nightmare. With housebuilders – and their shareholders – making huge profits, how come so many new builds aren’t up to scratch?

The Guardian - UK

UK housebuilders save billions as government delays low-carbon rules

Housebuilders have little incentive to take steps by themselves. It’s no surprise they are so keen to wade into the political arena as major donors

The Guardian - UK

Housebuilder Persimmon cuts almost 300 jobs after drop in demand

Company to push ahead with cost-cutting drive as fallout from government’s autumn mini-budget takes toll

The Guardian - UK

FTSE 100 Live: Wilko goes bust but no ‘immediate’ job losses, US inflation rises

The downward run for US inflation ended today, with the rate of price rises in July rising to 3.2%. But core inflation ticked slightly down to 4.7%, enough to reassure investors that the fed is done with rate hikes.

Evening Standard

New Frome homes set for former Cuprinol Somerset factory site

Housebuilder Persimmon has secured approval to build 25 houses, subject to community contributions being agreed

Birmingham Post

More than 1,100 homes could be built on city outskirts in planned development

A total of 1,114 homes could be built in a major development on the outskirts of Stirling. Persimmon Homes is consulting the local community on proposals for the next stage of their project – between Bannockburn and the Pirnhall M9 junction - which

Daily Record

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Daily Record

Perthshire Duke of Edinburgh Award group to buy minibus thanks to £5000 donation

The charity, based at Megginch Castle in Errol, will now be able to transport young people to activities across the county

Chronicle Live

Proposed Wallsend shop given go-ahead from councillors despite traffic objections

An application for a new Wallsend shop, which has divided residents, has been green-lit by councillors

Birmingham Post

Persimmon reveal new development for 120 homes in Merthyr

The scheme is scheduled for completion in 2026

Wales Online

Persimmon has bought land in Merthyr Tydfil where it's set to build 121 homes

It will include a mix of homes from one to five-bed properties

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Nottingham Post

Hucknall’s former Rolls-Royce site to expand as more new homes approved

Housebuilder Persimmon Homes lodged the plans asking to build dozens of homes on the former industrial land

Chronicle Live

Row continues over footpath for residents of new Cramlington estates

People living there have no safe pedestrian access to the town

Birmingham Post

Devon housebuilder signs contract for 20 social and affordable homes at Okehampton site

Housebuilder Persimmon has agreed a contract with Teign Housing for the purchase of 20 homes at is Fatherford View site

Daily Record

Primary school given £1000 to make anniversary gala day float extra special

Windyknowe Primary in Bathgate was announced as one of Persimmon’s Community Champions

The Guardian - UK

Persimmon says first-time buyers struggling to afford new homes in UK

Higher mortgage rates and less loan choice hitting sales to people trying to buy first property, says developer

Birmingham Post

Plans for 1,400 Devon homes approved for major development near Exeter Airport

Housebuilder Persimmon has been given the green light by East Devon District Council for the scheme in Cranbrook

Birmingham Post

Persimmon talks up 'encouraging' signs but market remains challenging

A partnership with low carbon, modular housebuilder TopHat has also been announced

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