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Evening Standard
Evening Standard
Anna Wise

Crest Nicholson secures breathing space from lenders as talks go on

Housebuilder Crest Nicholson has warned over the impact of the Iran war on costs and buyer confidence (Alamy/PA) -

Crest Nicholson said it has been given breathing space from its lenders as the housebuilder aims to shore up its finances after sinking into a loss.

The London-listed company said it had agreed to a further extension of a temporary waiver on an element of its loan agreement until November 30.

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