Story thread · 2 reports / 1 sources

Barratt Redrow trims housebuilding targets amid ‘challenging’ backdrop

cityam.com · 5hShare

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 [...]

First report: Barratt Redrow hopes to defy housebuilding gloom by splashing cash — cityam.com, 1d