Vistry launches voluntary exit scheme for staff
Swathe of job cuts loom as staff offered route out as debt reduction becomes top priority
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Swathe of job cuts loom as staff offered route out as debt reduction becomes top priority
Vistry Group has announced it expects to make a £30m loss in the first half of the year after implementing significant discounts to clear unsold housing stock. The company's shares...
Finance chief to step down in October after new CEO completes strategic plan
House builder taps Vistry and Story Homes directors for growth drive
CEO Adam Daniels sends memo to workforce announcing ‘voluntary exit scheme’ with ‘enhanced terms’ for those choosing to leave
Major housebuilder Vistry has reduced prices on some properties by more than £100,000, with discounts reaching 17% as the company seeks to improve cash generation. Analysis by RBC...
Shares in Vistry fell more than 8% on Wednesday, having slumped by 60% in the past year.
Vistry has released a six month trading update, and warned that it expects to deliver a loss before tax in the first half of 2026 of approximately £30m.
Group blames expected £30m loss in first half of year on weakening market and lower consumer confidenceVistry Group, one of Britain’s biggest housebuilders, has said it will make a...
Development forms part of 10,000-home Chelmsford Garden Community masterplan
Tim Lawlor to go this autumn as housebuilder says ‘voluntary exit scheme’ will help produce annual savings of £25m from next year
Stephen Teagle says housebuilder will continue to deliver significant numbers of homes despite its first half profit warning and voluntary exit scheme for staff
Source at firm says sellers are ‘contributing nothing’ to UK’s housing need by betting against firm following last week’s profit warning
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