Vistry appreciates “productive” chats with subbies over price cuts
House builder Vistry said it has held “productive discussions” with subcontractors over plans for 10% pay cuts on contracts.
Vistry first floated the idea with subbies last month and has started holding meeting with suppliers in the last few weeks.
In a trading update to the city today it said: “We appreciate the productive discussions we have had in recent weeks with our key supply chain partners to agree cost reductions for all our existing and future contracts.“With a
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