Vistry asks subcontractors to knock 10% off bills

Vistry has written to subcontractors asking them to take a 10% pay cut on existing contracts.
The house builder confirmed the contents of a letter recently sent to its supply chain but declined to comment further on the move.
Vistry announced a dramatic switch in its business model last month to become a partnerships-only housing business.Chief executive Greg Fitzgerald pledged to return £1bn to shareholders over three years as assets are released from the traditional house building divisi