Crest Nicholson plans job cuts and warns on profits, blaming budget uncertainty
Housebuilder’s autumn selling season was wiped out by speculation about new property taxes, says analystBusiness live – latest updatesThe housebuilder Crest Nicholson has warned of job cuts and worse than expected profits after a summer of “subdued” sales amid uncertainty around the...
<p>Housebuilder’s autumn selling season was wiped out by speculation about new property taxes, says analyst</p><ul><li><p><a href="https://www.theguardian.com/business/live/2025/nov/18/stock-market-sell-off-ai-bubble-google-nvidia-ftse-100-bitcoin-business-live-news">Business live – latest updates</a></p></li></ul><p>The housebuilder Crest Nicholson has warned of job cuts and worse than expected profits after a summer of “subdued” sales amid uncertainty around the possible property taxes in the budget.</p><p>The Surrey-based company said it planned to close one divisional office and cut 50 roles, including staff at that site and “selective other roles” across the business.</p> <a href="https://www.theguardian.com/business/2025/nov/18/crest-nicholson-job-cuts-warns-profits-budget-property-taxes">Continue reading...</a>
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