Crest Nicholson shares plunge amid latest warning for housebuilders The business made a loss in the first half and warned of weak demand for the months ahead Evening Standard · Jun 13, 2024
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 · Jan 23, 2024
Bank of England accused of over-reacting after raising interest rates to 5.25% – as it happened Protests take place outside the Bank as it increases rates again, although inflation is expected to drop to 5% by end of the year The Guardian - UK · Aug 3, 2023
Crest Nicholson sales tumble but boss predicts mortgage rate volatility may have reached its peak The boss of housebuilder Crest Nicholson has predicted the recent mortgage rate volatility will calm and may have reached its peak, but he warned customer demand and confidence could cool if interest rates continue to rise. Evening Standard · Jun 8, 2023
Eurozone falls into recession; US jobless claims jump; storm clouds over UK housing – business live Eurozone economy shrank by 0.1% in the final quarter of last year, and the first three months of 2023, putting it into technical recession The Guardian - UK · Jun 8, 2023