Finance

McCarthy & Stone boss Fenton quits after issuing profit warning

By 2018-06-19T07:26:00

Clive Fenton at Liberty House 2

McCarthy & Stone boss Clive Fenton has revealed he is to quit, after the retirement home developer issued a profit warning following a “noticeable decline” in reservations.

In a statement to the London Stock Exchange the group blamed “ongoing economic uncertainty” for a fall in sales of new homes.

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