Persimmon ‘working closely’ with supply chain to manage costs after Budget tax hikes

By Daniel Gayne2024-11-06T12:50:00

Housebuilder says signs of rising build prices beginning to emerge in wake of last week’s announcement

Persimmon is “working closely” with its supply chain to manage costs after last week’s Budget, which saw taxes rise for many businesses.

In its Q3 trading update, the housebuilder said it remains “optimistic” about its growth prospects despite uncertainty around future interest rate changes, and that it continued to “assess the implications of the recent Budget”.

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