Kingfisher and Wickes hope to make gains after the collapse of Homebase
Order comes after underestimations of building costs caused a multimillion pound overspend
UK housebuilder launches overhaul after profit warnings in 2024
Vistry shares drop after it issues third profit warning as others suffer from falling sales
UK housebuilder blames ‘insufficient management capability’ and ‘poor divisional culture’ for underestimating costs
Government still has to tackle how commercial incentives limit supply of new homes
Move follows baker’s revelation of slowing like-for-like sales growth
Government will say developers must start work on unsafe tower blocks within 18 months
FTSE 100 group says earnings will be down almost a fifth because of building cost underestimates
In theory the UK housebuilder’s troubles are not systemic
Move follows a big gain in the group’s share price
Stamping out ‘grey areas’ and loopholes will cut land values and boost construction, Vistry says
There remains a logic to separating functions of chair and chief executive
‘Complex and unpredictable planning system’ to blame for building shortage, says Competition and Markets Authority
UK housebuilder says pivot to focus on affordable housing will weigh down on annual results
With demand for affordable homes far outstripping supply, a focus on this sector has led to a jump in shares
London-listed company to concentrate on division that partners with local government and housing associations
Company has benefited from having a large share of its business in affordable housing
Purchases in the same week as housebuilder reveals takeover deal
Shareholders will need plenty of time before they feel at home with this purchase
Combined group to be led by Vistry boss Greg Fitzgerald
UK homebuilder forecasts full-year profit to be at top end of guidance even as economic woes intensify
UK housebuilder swings back to profit in first half and ups full-year guidance
Redrow and Vistry shrug off concerns over end to stamp duty holiday as sales surge
Vistry chief says tax breaks and Help to Buy extension have tied economic sentiment closer to house prices
