Persimmon hoped to put controversy over its executive pay
scheme behind it by reporting that full-year profits will beat market
expectations after revenues soared last year on the back of “healthy” demand.
The FTSE 100 housebuilder sold 16,000 homes in 2017, 6pc more than the year
before, helping push revenues up 9pc to £3.4bn. Its average selling price
climbed 3pc to £213,300. Persimmon said it "continued to experience
healthy customer demand for new homes through the autumn sales season",
adding that forward sales at the end of the year were 10pc higher than in 2016
at £1.4bn. Read more on the Daily Telegraph website.
Fee hikes will price us out of canals, say houseboaters in England and Wales
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Charges to go up by as much as 75% for widest vessels under five-year
licence increases that started in April
Finding an affordable place to live on land...
12 hours ago
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