UK housebuilder reports 33% rise in revenue and 26% increase in profits but says possible tax and duty rises risk unsettling buyers
Britain’s largest housebuilder Barratt Redrow has warned of a “tough market” and expects little growth in the next 12 months amid uncertainty around property taxes.
David Thomas, the executive of the company, which was enlarged by Barratt’s £2.5bn acquisition of Redrow last October, cautioned that “the housing market remains challenging and we anticipate limited growth in 2026”.
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