Faltering economy sees directors put brakes on sale of Stewart Milne

By Emily Twinch2022-12-19T12:20:00

Firm says disposal in current market conditions ‘not in best interests of group’

Scottish housebuilder Stewart Milne has halted the sale of its business because of “the recent shift in the dynamics of the UK economy”.

The Aberdeen-based firm said interest from prospective buyers had been “strong” – but would now focus on acquiring new sites for development and delivering homes.

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