Housebuilder Persimmon’s profits top £1bn
Housebuilder Persimmon has recorded pre-tax profits of £1.091bn – up from £970m last year.
It has also confirmed that acting chief executive Dave Jenkinson has been appointed to the role full-time.
His predecessor, Jeff Fairburn, left the company last year following a row over his £75m bonus package.
On Monday, shares in the company fell after its continued participation in the Help to Buy scheme came under scrutiny.
A source close to housing minister James Brokenshire said he was “concerned” by the company’s practices.