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Crest Nicholson FY profits slump amid tough housing market

UK housebuilder Crest Nicholson posted a bigger-than-expected fall in annual profits but said it was encouraged by an increase in customer inquiries as borrowing costs fell, while chief executive Peter Truscott announced he was stepping down to be replaced by Persimmon chief commercial officer Martyn Clark.

Crest Nicholson s profit slumps over high-cost legacy sites

Crest Nicholson reported a slump in profits for 2023 amid runaway costs and has prepared for a possible legal bill of £13m over a 2021 fire.

Crest Nicholson names Persimmon s Martyn Clark as CEO

Stocks in London are called higher on Tuesday, as largely positive sentiment prevails across global equity markets. In early UK economic news, government borrowing dropped sharply in December,.

Crest Nicholson turns to Persimmon for new CEO

FTSE 100 Live: Early gains fade; borrowing boost for Chancellor

FTSE 100 Live: Early gains fade; borrowing boost for Chancellor
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