3 minutes
Crest Nicholson has issued a stark profit warning and opened talks with its lenders after a sharp deterioration in trading conditions pushed the FTSE All‑Share housebuilder into a more precarious financial position.
3 minutes
The future of housebuilder Crest Nicholson is at risk if a worst-case scenario for sales volumes, house prices and build costs materialises in the coming months, the developer has warned investors.
2 minutes
Housebuilder Crest Nicholson is to focus less on building affordable housing as it seeks to combat a slump in profits.
2 minutes
Bellway’s plan to buy smaller housebuilder Crest Nicholson for around £720 million is now off despite months of negotiations.
2 minutes
The directors of housebuilder Crest Nicholson have said they are “minded to recommend” an improved acquisition bid by rival Bellway.
2 minutes
A £650 million bid by Bellway to take over rival housebuilder Crest Nicholson has been rejected, the second refused approach in as many months.
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