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Persimmon pauses builds due to ‘uncertain market conditions’

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12 Jan 2023

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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,…

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