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Barratt Redrow trims housebuilding targets amid ‘challenging’ backdrop

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City AM
Barratt Redrow trims housebuilding targets amid ‘challenging’ backdrop
Barratt Redrow has trimmed its housebuilding targets but insisted it is well positioned to face up to a “challenging” outlook as its new boss prepares to take the reins. The FTSE 250 housebuilder said it is cutting back on spending and slashing costs to keep up with a “challenging backdrop”, as building costs surge and [...]
16 Sept, 06:24
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