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Persimmon
November 2023
Your problems, with Anna Tims
We can’t live in our new, leaking Persimmon home
There is mould in all of the bedrooms and the smell is terrible, but the company has failed to fix the problem
August 2023
UK housebuilders’ shares fall amid fastest drop in asking prices in five years
Housebuilder Persimmon cuts almost 300 jobs after drop in demand
July 2023
Westminster shareholdings
Tory MP’s £500,000 stock portfolio raises questions about blind trust system
Exclusive: Disclosures about ex-minister Jonathan Djanogly turn spotlight on controversial mechanism used to buy shares
April 2023
Persimmon says first-time buyers struggling to afford new homes in UK
Higher mortgage rates and less loan choice hitting sales to people trying to buy first property, says developer
March 2023
Ousted Persimmon boss sets up new venture with his wife
UK house prices fall at fastest annual rate since 2012
November 2022
Shares in big UK estate agent chain fall as housing market cools
Housebuilders also see share price falls as interest rate rises and cost of living crisis deter potential buyers
Nils Pratley on finance
End of the good times for Persimmon as cracks appear in housing market
Nils Pratley
Ever-rising prices meant the homebuilder channelled large sums to shareholders and executives in recent years
Persimmon reports sales and price fall as UK property market dips
Housebuilder says cancellation rate has risen sharply because of interest rates and economic uncertainty
July 2022
Persimmon blames labour and material costs for 10% drop in completions
Shortages of workers forced up pay and prices of key materials have rocketed since invasion of Ukraine, builder says
April 2022
Housebuilders pledge £1.3bn for fire safety work on mid-rise blocks
Funds for remediation including removal of flammable cladding still short of £4bn government estimate
March 2022
UK’s biggest housebuilders hand top bosses bumper bonuses
UK house price boom brings Persimmon windfall of nearly £1bn
February 2022
Observer business agenda
Builders face an end to era of through-the-roof house prices
Their winning streak is fading before the cost of living crisis, supply and staff woes, and now conflict in Europe
January 2022
Persimmon reports bumper year amid UK housing market boom
Housebuilder reports weekly sales up 20% on pre-Covid levels
August 2021
The Guardian view on high pay: the fat cats are still there
Persimmon reports 64% rise in profits fuelled by UK Covid property boom
July 2021
Housing boom takes Persimmon sales past pre-pandemic levels
Housebuilder benefits from cut in stamp duty to report revenues of £1.84bn for first half of 2021
June 2021
Business live
Inflation pressures weigh on US and UK firms; Eurozone economy ‘booming’ – as it happened
Thousands of leaseholders should benefit from leasehold changes, says CMA
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