Housebuilder Persimmon has said annual profits will be at the top end of forecasts, but said buyer confidence was vulnerable to uncertainty over interest rate cuts.
The Charles Church group saw shares lift 5% in Tuesday morning trading after it said private market house prices had improved over the year, edging up to around £287,150 from £285,774 a year earlier, with completions also up 7% at 10,664.
