Persimmon completions drop one third as firm cuts headcount by 700


But housebuilder says operating profit for full year will be “in line with expectations”

Persimmon has reported a fall in completions of 37% as the housing sector’s struggles continue.

The housebuilder, in a trading update for the three months to 6 November, said it completed 1,439 homes in the period, down on the 2,270 for the same period last year, due to a “slower sales environment”.

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