Persimmon has become the latest housebuilder to toast rising revenues and house prices – on the back of a booming housing market.
The York based group, which was founded by Northumberland’s Duncan Davidson, totted up group revenues of £3.61bn, up from £3.33bn, and a 23% jump in pre-tax profit from £783.8m to £966.8m.
However, the company said it could see disruption to the UK economy as a result of the conflict in Ukraine.