Vistry is the laggard in a housebuilding sector full of cracks | Nils Pratley

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Guardian Business

Vistry is the laggard in a housebuilding sector full of cracks | Nils Pratley

Group shrinks ambitions from 20,000 to just 12,000 homes a year in an attempt to balance the books The entire housebuilding sector is in a funk, grumbling about energy prices, the cost of labour, regulation, planning delays, taxes and more, but few have messed up a bad hand quite like Vistry. Three years ago this mashup of the Bovis, Linden and Countryside brands aspired to build 20,000 houses a year, and made itself…