News Formal

Vistry says housing market slowdown persists and plans 200 job cuts

  • 📰 LBC
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 74%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

The housebuilder said it will cut hundreds of jobs as part of a restructuring that focuses on its affordable homes division.

Vistry has joined rival housebuilders in warning over weaker demand in the housing market as it prepares to shed around 200 jobs from the merger of two divisions.

But earlier this year, the group revealed that it had seen a slowdown in private sales during the summer months due to higher mortgage borrowing costs and inflation squeezing household incomes. Last month, Vistry unveiled plans to merge its housebuilding division with its affordable homes business Partnerships, through which it works with local government authorities and housing associations to build lower-cost homes.

 

コメントありがとうございます。コメントは審査後に公開されます。
このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 17. in JP

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Business moves in to 'prominent' Kirkby office bringing 200 jobsThe building was previously home to Barclaycard
ソース: EchoWhatsOn - 🏆 74. / 59 続きを読む »