Persimmon prepares for another tough year ahead

Persimmon is predicting another tough year ahead for the housing market as its latest results showed pre-tax profits fell by more than 50%.
Group chief  executive Dean Finch said: “With interest rates expected to remain at current levels and a general election on the horizon, market conditions are expected to remain subdued throughout 2024.
“However, we are well placed to manage this and are positioning the business for sustainable future growth over the medium-term.”Resul