Persimmon



Persimmon profits top £1bn

Persimmon has released results showing profits exceeding £1bn for the first time.

Published 27 February 2019

Persimmon raises profit expectations with ‘strong’ trading performance

Housebuilder Persimmon has said that its profits will be “moderately ahead” of forecasts as the firm continues to grow despite a boardroom bonus controversy.

Published 15 January 2019

Persimmon fined for Sunday working at Kinross site

Housebuilder Persimmon has been fined by Perth and Kinross Council for a breach in planning regulations, its second indiscretion at the same site.

Published 12 December 2018

£25m housing development planned on former South Lanarkshire hospital site

Persimmon Homes West Scotland has lodged plans to build 196 new homes on the site of a former hospital.

Published 12 November 2018

Persimmon chief executive to step down amid £75m bonus controversy

Housebuilder Persimmon has announced the departure of its chief executive Jeff Fairburn amid the long-running controversy over his £75 million bonus package.

Published 7 November 2018

Plans for 68 new homes approved in East Lothian

A planning application for 68 homes at Dunbar has been given the green light by East Lothian Council.

Published 10 October 2018

Dundee housing proposal rejected on economic and industrial grounds

Plans have been refused for a residential development on the site of the former whisky bottling plant in Dundee.

Published 18 September 2018

Investors revolt over ‘grossly excessive’ Persimmon boss bonus

Edinburgh-based financial giant Aberdeen Standard Investments led a shareholder revolt against the £75 million bonus awarded to Persimmon Homes chief executive Jeff Fairburn at the firm’s AGM as it launched a withering attack on the package in which it stated that the role of a chief executive “requires motivation that goes beyond simply amassing a fortune”.

Published 27 April 2018

Housebuilder Persimmon reports ‘robust’ start to the year

One of Britain's largest housebuilders Persimmon has reported robust trading since the start of the year with total forward sales revenue, including completions, up by about 8% to £2.76 billion in 2018 to date.

Published 25 April 2018

Dunedin Canmore marks start of work on 70 affordable homes for rent in Edinburgh

A major regeneration project in Edinburgh has taken another step forward with work starting on 70 new affordable homes.

Published 26 March 2018

Call to end Help to Buy subsidies as three Persimmon executives share £100m bonus

A think-tank has urged the Scottish Government to end Help to Buy subsidies after it was revealed that three executives at housebuilder Persimmon were paid in excess of £100 million last year in a bonuses scheme linked to the policy.

Published 21 March 2018

Council refuses two applications for almost 700 homes near Plean

Stirling Council has refused two applications from Persimmon Homes to develop land to the east of Plean around Cushenquarter Farm.

Published 31 January 2018

Persimmon grows revenues by 9%

Housebuilder Persimmon has said that profits for the full year will come in marginally ahead of expectations as revenues for 2017 were 9% up in 2016 at £3.42 billion.

Published 10 January 2018

Housing plans lodged for two Dundee sites

Revised plans for new homes on the outskirts of Dundee and a bid to replace a once-popular pub with new build flats have been submitted to the local authority, according to the Evening Telegraph.

Published 13 December 2017

Help to Buy disproportionately helping larger housebuilders, analysis reveals

Critics of the Scottish Help to Buy scheme have called for the policy to be scrapped after an investigation revealed just three high volume housebuilders have received around £189 million in subsidised mortgages between them.

Published 5 December 2017