The housebuilder Crest Nicholson has warned of job cuts and worse than expected profits after a summer of “subdued” sales amid uncertainty around the possible property taxes in the budget. Anthony Codling, a housing analyst at RBC Capital Markets, said budget uncertainty had “wiped out the autumn selling season, a critical period for Crest with an October year-end”. If you do not have an account, we will create a guest account for you on theguardian.com to send you this newsletter. For more information about how we use your data see our Privacy Policy . We use Google reCaptcha to protect our website and the Google Privacy Policy and Terms of Service apply.

Source: The Guardian November 18, 2025 21:19 UTC