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Crest Nicholson plans job cuts and warns on profits, blaming budget uncertainty

18.11.2025 12:48 | The Guardian World

Housebuilder’s autumn selling season was wiped out by speculation about new property taxes, says analystBusiness live – latest updatesThe housebuilder Crest Nicholson has warned of job cuts and worse than expected profits after a summer of “subdued” sales amid uncertainty around the possible property taxes in the budget.The Surrey-based company said it planned to close one divisional office and cut 50 roles, including staff at that site and “selective other roles” across the business. Continue reading...

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