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Birmingham Post
Birmingham Post
Business
Tom Pegden

Barratt Developments on course to increase new builds despite concerns about rising costs

The boss of Barratt Developments said the housebuilder is on course to build a growing number of homes in the coming months after putting out strong half year results.

Chief executive David Thomas said they hoped to put up more than 18,000 homes this year on the back of a current build rate of around 341 new homes a week.

Barratt erected 8,067 homes in the second half of 2021, 1,000 less than the second half of 2020 when it was playing catch-up following the initial lockdown.

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