newsycanuse

Persimmon pauses builds due to ‘uncertain market conditions’

pauses

12 Jan 2023

By

Digital Edition: Persimmon pauses builds due to ‘uncertain market conditions’

Housebuilder Persimmon has claimed a “strong performance” in 2022 but warned that rising interest and mortgage rates, inflation and weaker consumer confidence will affect the health of the residential property sector this year. The company has already renegotiated or paused work at around 30 sites,…

SUBSCRIBE TODAY

No online subscription: This article requires a subscription to read it in full. If you already have a subscription, please click here to sign in, or see below for how to set up your subscription today

Subscribe for unlimited access

  • Full access to constructionnews.co.uk
  • The latest client and contractor news
  • Interviews with Industry Leaders
  • Market data, Industry Trend and Forecasts
  • Access to the CN digital archive
  • Exclusive daily and weekly newsletters

Register for guest access

  • Two-week unrestricted access to www.constructionnews.co.uk
  • Digital issue archive during your trial
  • Exclusive daily and weekly newsletters

Already have an account,
click here to sign in

Read More
Ben Vogel

Latest

‘NBA

The Area Where Duke Could Dominate College Basketball Next Season

0
Basketball The Duke basketball program will enter the 2026-27...
Don't

Don’t call us just a WLFI treasury company, says AI Financial

0
The company says it is building a broader fintech, tokenization and digital infrastructure business, but its latest SEC filing shows WLFI still dominates the balance sheet. May 21, 2026, 5:20 a.m. 2 min read Make preferred on AI Financial, formerly known as Alt5 Sigma, wants the market to know that it's more than just its
bloody

The new art of war is just as bloody as the old

0
For help please visit help.ft.com. We apologise for any inconvenience. The following information can help our support team to resolve this issue. Reason Challenge Request ID 9ff3d58409635031 Status Code 403
navigate

Navigate Sole Trader Registration With This Step-By-Step Guide

0
Steering sole trader registration can seem intimidating, but it doesn’t have to be. You’ll begin by selecting a unique business name and, if needed, filing an Assumed Name Certificate. Next, securing an Employer Identification Number (EIN) is vital for tax purposes. Opening a dedicated business bank account helps maintain financial clarity. Comprehending the necessary licenses

Newsletter

Don't miss

‘NBA

The Area Where Duke Could Dominate College Basketball Next Season

0
Basketball The Duke basketball program will enter the 2026-27...
Don't

Don’t call us just a WLFI treasury company, says AI Financial

0
The company says it is building a broader fintech, tokenization and digital infrastructure business, but its latest SEC filing shows WLFI still dominates the balance sheet. May 21, 2026, 5:20 a.m. 2 min read Make preferred on AI Financial, formerly known as Alt5 Sigma, wants the market to know that it's more than just its
bloody

The new art of war is just as bloody as the old

0
For help please visit help.ft.com. We apologise for any inconvenience. The following information can help our support team to resolve this issue. Reason Challenge Request ID 9ff3d58409635031 Status Code 403
navigate

Navigate Sole Trader Registration With This Step-By-Step Guide

0
Steering sole trader registration can seem intimidating, but it doesn’t have to be. You’ll begin by selecting a unique business name and, if needed, filing an Assumed Name Certificate. Next, securing an Employer Identification Number (EIN) is vital for tax purposes. Opening a dedicated business bank account helps maintain financial clarity. Comprehending the necessary licenses
effective

What Makes an Effective Accounts Receivable Management Strategy?

0
An effective accounts receivable management strategy is essential for maintaining healthy cash flow in your business. It starts with clear communication about payment terms and a streamlined invoicing process that reduces errors. Implementing solid credit policies helps assess customer risk, as well as leveraging technology can improve efficiency. By monitoring key performance indicators, you can
newsycanusehttps://newsycanuse.com

Tesla’s Business Has Become Much More Diversified in Just the Past Five Years. Does That Make Its Stock a Better Buy Today?

Key Points Tesla's energy generation and storage segment generated 27% revenue growth last year. The company's non-automotive segments were able to help offset a double-digit decline in auto revenue in 2025. These 10 stocks could mint the next wave of millionaires › Tesla (NASDAQ: TSLA) is known for its electric vehicles (EVs), and while they
Read more

WD sees sustainability as key business driver in an ‘AI economy’

Hard drive company WD promoted long-term operations and sustainability executive Jackie Jung to become its first chief sustainability officer in February, as it steps up sales to companies building AI data centers. Her vision: Turn sustainability into a “brand” for WD, a strategy that reduces risk for the $6 billion company (formerly known as Western
Read more

5 Business Ideas Worth Starting in 2026

If there is one thing Nigerians understand well, it is how to spot opportunity inside hardship. In 2026, that mindset will matter more than ever. The economy is tough, competition is rising, and many people are looking for smarter ways to earn, build, and survive. But even in a difficult environment, some businesses still stand
Read more