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Evening Standard
Evening Standard
National
Holly Williams

Vistry profits tumble as home buyers remain wary

Vistry said it expects to build more than 18,000 homes this year (Alamy/PA) -

Housebuilder Vistry has seen half-year profits more than halve as buyer demand comes under pressure from worries over the wider economy and slower-than-hoped cuts to interest rates.

The group reported pre-tax profits tumbling 55% to £40.9 million in the six months to June 30.

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