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Struggling Persimmon takes new hit of £600m 1000 to be axed at Persimmon amid house sales slide

Latest articles

Buoyant Persimmon's first-time buyer lift

23.08.11
Things are finally looking up for struggling first-time buyers, the head of housebuilder Persimmon has said... more

Housebuilder Persimmon bounces back with surging profit

01.03.11
Growing interest from would-be buyers in an "encouraging" start to the year and a strong recovery in profits help housebuilder Persimmon keep up the industry's recent positive mood... more

Persimmon brings back dividend as profits recover

24.08.10
Housebuilder Persimmon celebrates a 10-fold jump in profits by restoring its dividend after a two-year break... more

Market Report: Housebuilders take a hit as HSBC warns buyers will dry up

09.07.10
Housebuilders took a knock after a warning that they will suffer as wannabe homeowners struggle to get mortgages... more

Persimmon gets over homes rough patch around election

06.07.10
Persimmon's house sales and completions rise in the first half, despite slipping on uncertainty around the general election and Budget... more

City aflame with takeover talk of ARM and Xstrata

21.04.10
Market Round-up: Talk of mega-takeover bids for a pair of FTSE 100 companies has investors excited ... more

Persimmon chief's pay package rockets

22.03.10
Mike Farley, chief executive of housebuilder Persimmon, saw his pay jump by nearly 50% last year after the firm returned to profit... more

Market Round-up: Premier Oil on the slide as North Sea well comes up dry

05.03.10
The oil gods haven’t smiled on Premier Oil. Shares in the FTSE 250-listed oil explorer drop 17p to 1114p after it admits that a well in the North Sea had come up dry... more

Persimmon boss: UK faces homes shortage unless planning rules change

02.03.10
Persimmons chief executive Mike Farley warns the Government it must improve the planning process for the country to have enough homes... more

Market Round-up: Aviva plunges as Prudential deal leaves it feeling abandoned

01.03.10
As Prudential’s transformation into an Asian titan dominates City talk, rival Aviva receives a battering... more

First-time buyers are back, says Persimmon boss

07.01.10
The first-time buyer is back, declares the boss of Britain’s biggest housebuilder Persimmon... more

Persimmon sales surge raises property hopes

25.08.09
Builder Persimmon today stoked hopes that the worst of the property slump has passed but remained cautious about the outlook as recession rumbles on ... more

Optimistic Persimmon sees better times ahead

07.07.09
The worst is over — this is the message from Persimmon, one of Britain’s largest housebuilders, which today reported that while the number of completions fell sharply in the first half of the year, forward sales are better than a year ago ... more

Persimmon drops divi after £780m loss

03.03.09
Housebuilder Persimmon racked up losses of £780 million and cancelled its dividend, but insisted it was financially secure... more

Job cuts help Persimmon to slash its debt

08.01.09
Property: Housebuilder Persimmon says its 2000 job cuts have helped reduce its debt mountain by £300 million since last June... more

Struggling Persimmon takes new hit of £600m

27.10.08
Building: Housebuilder Persimmon today took a £600 million hit on the value of its land bank as business lurched from bad to worse.... more

Persimmon profits crash as firm hits out over stamp duty

21.08.08
Builder Persimmon has reported a devastating slump in profits and said Government confusion over stamp duty was heaping misery on the housing market... more

'No quick fix' as Persimmon confirms 1100 jobs are axed

08.07.08
Builder has cut a fifth of its workforce since January as it fights the worst housing slump for 30 years ... more

1000 to be axed at Persimmon amid house sales slide

07.07.08
More misery heaped on beleaguered housebuilding sector after similar cuts at Barratt and Taylor Wimpey... more

With building trade in a slump, it is just playing politics to call for 240,000 new homes

25.04.08
Never mind the economics, it's the votes that count... more

Persimmon in alert as homes gloom mounts

26.02.08
The gloom over the housing market deepened today when one of Britain's biggest builders warned demand for new homes is tumbling.... more


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