Gleeson to cut costs and slow build rates

Affordable homes specialist MJ Gleeson has launched a £4m cost-cutting drive as the housing market softens.
The firm is also slowing build rates on sites and has implemented a recruitment freeze.
A restructuring of the business will see some existing divisions merge.Gleeson said: “Six management teams will operate nine operating regions following the merging of a number of operating teams.
“The existing three division structure will be merged into two divisions, Northern and Ce