Housing slowdown forces Travis Perkins profit warning

The slowdown in the housing market has forced a profit warning at Travis Perkins.
The UK’s largest builders’ merchants said other sectors like commercial, industrial and infrastructure were proving “more resilient”.
A stock exchange announcement said: “The Group delivered a resilient performance in the first quarter but has not seen the anticipated easing of market conditions in the second quarter to date.“Volumes in both the new build housing and private dome