Vistry Group shares plummeted on Tuesday and the firm warned of a £115million hit to profits due to higher-than-projected build costs. It revealed it had 'recently become aware' that total full-life cost estimates for nine developments in its south division, including a few large-scale schemes, had been understated by around 10 per cent. Vistry: The housebuilder was the biggest FTSE …
For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Vistry said demand in the property market was “suppressed” …