Barratt Redrow forward sales slump as uncertainty grows

UK housebuilders have been battered by high interest rates in recent years (Gareth Fuller/PA) - (PA Wire)

Barratt Redrow, Britain’s biggest housebuilder, has revealed a drop in forward-looking sales, dampening hopes that a recent downturn in the sector has eased.

The company said forward home sales are 10% down on the same point last year, standing at 10,245.