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The Latest Breaking News from Persimmon

End of the good times for Persimmon as cracks appear in housing market

Ever-rising prices meant the homebuilder channelled large sums to shareholders and executives in recent years

The Guardian - UK

Persimmon sees shares fall after revealing falling demand and prices

The housebuilder says economic gloom and soaring mortgage rates are affecting the UK property market

Birmingham Post

Persimmon predicts drop in house prices

Shares in the FTSE 100 developer make the biggest fall on the London stock index

Evening Standard

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Persimmon Homes planning 400 Cornwall houses following land deal

The housebuilder said it had wanted to acquire the land in the south of the county for "several years"

Birmingham Post

Persimmon reports sales and price fall as UK property market dips

Housebuilder says cancellation rate has risen sharply because of interest rates and economic uncertainty

The Guardian - UK

FTSE 100 Live: Food price inflation hits record 14.7%, Binance acquires crypto exchange FTX

Marks & Spencer today revealed a 24% drop in half-year profits and said its Ocado Retail joint venture will be loss making this year.

Evening Standard

'I found 178 snags on my new build property and contractors left my car covered in paint'

The owner said he would never recommend buying a Persimmons Home property to anyone

Wales Online

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Local residents fail to halt 121-home development in Merthyr

The council's planning committee approved the application for 121 houses on land off Elm Tree Grove in Twynyrodyn

Wales Online

People on the move: the latest key appointments and new jobs in Wales this autumn

New roles at Hodge, Menter a Busnes, Net Zero Industry Wales, Persimmon Homes, and School of Hard Knocks

Birmingham Post

Homes near Swindon to be built as developer gets approval

Persimmon Homes Wessex has been given the green light for a development on land in South Marston, to the north east of Swindon

Birmingham Post

Higher house prices help Persimmon offset impact of wider inflation as profit falls

Average private selling price nears £246,000, up by £9,400

Evening Standard

Persimmon sees fall in revenue and profits but highlights ongoing demand

The FTSE100 builder said new home completions and average selling prices were rising

Birmingham Post

Traffic woes continue to plague housing scheme

One resident told the ECHO that some neighbours were so upset about the plans they moved

Liverpool Echo

Work remains halted at Maghull housing development

The scheme will provide hundreds of new homes once complete

Liverpool Echo

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Daily Record

Controversial plans for homes and shops at Wester Inch are withdrawn following outcry from locals

The proposals attracted over 60 complaints but housebuilder Persimmon says they will return "address concerns" and return with alternative plans

Wales Online

Plans to build 550 homes, primary school and play areas in Swansea town

Persimmon Homes has set out proposals to build the estate in Pontarddulais

The Guardian - UK

Persimmon blames labour and material costs for 10% drop in completions

Shortages of workers forced up pay and prices of key materials have rocketed since invasion of Ukraine, builder says

The Independent UK

Labour, planning delays and supply chains slowing builds, warns Persimmon boss

Shares in the company, one of the UK’s biggest operators, dropped after it reported a slump in the number of new house completions.

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news in one place.

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The Guardian - UK

UK’s public finances on ‘unsustainable’ long-term path; house prices surge despite squeeze – as it happened

Office for Budget Responsibility warns the world is becoming a riskier place, as UK faces cost of aging population and loss of fuel duty

Birmingham Post

Persimmon highlights planning, supply and labour challenges as sales fall

The York-based firm saw sales fall 8% but in the first half of the year but has been buoyed by soaring house prices

Wales Online

Plans for massive housing development in Rhoose spark traffic fears

The scheme includes a sports pitch, changing room and allotment space

Birmingham Post

Housebuilder Persimmon toasts robust forward order book worth £2.8bn

The York builder has also been awarded 5-star builder status for the first time in its history

Evening Standard

House builders Redrow and MJ Gleeson join rivals in backing Gove’s cladding plans

The Government has won its battle to get developers to pay to fix cladding on three decades worth of buildings.

Wales Online

Persimmon Homes fined more than £400,000 for river pollution

A court heard that the housebuilder polluted the River Gavenny duringa nine-month period

The Guardian - UK

UK’s biggest housebuilders hand top bosses bumper bonuses

Persimmon chief received £2.6m package in 2021 with outgoing Taylor Wimpey boss gaining £2.8m

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