Shares in Bovis Homes fell after the housebuilder cautioned uncertainty surrounding the UK’s departure from the European Union has put off discretionary homebuyers.
Persimmon boss Jeff Fairburn has agreed to leave at the end of 2018 after the housebuilding giant said the “distraction” over his controversial £75 million payout was damaging its reputation.
Persimmon boss Jeff Fairburn is to step down at the end of the year as the housebuilding giant looks to distance itself from the controversy over his £75 million payout.
Major Scottish housebuilder Stewart Milne Group has posted a multi-million pound loss for a second successive year.
A major Perth housebuilder has cited the oil downturn and Brexit as contributing factors after reporting a significant fall in profits.
Housebuilder Dundas Estates is set to start selling the second phases of its two developments in Fife.