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Evening Standard

Holly Williams

Crest Nicholson shutting office and axing jobs as it warns over profits

Crest Nicholson Martyn Clark

Housebuilder Crest Nicholson has warned over profits and revealed jobs are at risk as it plans to close a divisional office amid a group-wide overhaul.

The firm said it was consulting on proposals to shut one of its offices, impacting about 50 jobs in total, including staff at the site and other roles across “overhead functions”.

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