Finance

Berkeley profits peak, as Pidgley slams government housing policy

By 2018-06-20T07:46:00

Tony Pidgley

Source: Phil Weedon

Berkeley Group has revealed a 15% rise in pre-tax profit, but has warned profitability will drop around 30% when it returns to what the housebuilder calls “more normal” levels in the current financial year.

The upmarket developer has also slammed government housing policy, claiming stamp duty and warning Brexit could lead to an actue shortage of labour in the industry.

This content is only available to registered users

You must be logged in to continue

Gated access promo

Would you like to read more?

Register for free to finish this article.

Sign up now for the following benefits:

  • Four FREE articles of your choice per month
  • Breaking news, comment and analysis from industry experts as it happens
  • Choose from our portfolio of email newsletters

To access this article REGISTER NOW

Would you like print copies, app and digital replica access too? SUBSCRIBE for as little as £6 per week.

Registered users and subscribers SIGN IN here to continue