Berkeley profits peak, as Pidgley slams government housing policy

By David Parsley2018-06-20T07:46:00

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 is premium content

You must be logged in to view premium stories.

Subscribe for full access

Take out a print and online or online only subscription and you will get immediate access to:

Breaking industry news as it happens
Expert analysis and comment from industry leaders
Unlimited access to all stories, including premium content
Full access to all our online archive

To get access to premium content subscribe today

Alternatively REGISTER for a free trial to access up to 4 articles and sign up for email alerts

If you are already a registered user or a subscriber you can SIGN IN now