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Evening Standard
Evening Standard
Politics
Holly Williams

Barratt cautions over ‘limited growth’ as tax hike fears weigh on buyer demand

Barratt Redrow reported underlying pre-tax profits rising 26.8% to £488.3 million in the 53 weeks to June 29 (Jonathan Buckmaster/Daily Express/PA) - (PA Archive)

Housebuilder Barratt Redrow has said it sees “limited growth” for the year ahead amid a challenging property market and buyer worries over tax hikes in the upcoming Budget.

The group, which bought rival Redrow in a £2.5 billion deal last October, said the Budget on November 26 has added “additional risk” to the outlook.

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