Galliford Try to re-enter affordable homes market

Galliford Try is staging a return to the affordable housing market as part of a bid to boost group margin in a new five-year growth plan.
The firm was excluded from the growth sector when it sold its Linden Homes and partnerships businesses to Vistry for £1.1bn four years ago.
But now that agreement has lapsed allowing Galliford Try to build up a new business stream in a sector that typically commands margins of 4-5%.
Announcing his new five-year plan, chief executive Bill Hocking, said: &