Crest suffers £51.2 million loss

June 24, 2020
Crest Nicholson has reported a pre-tax loss of £51.2 million and plans to cut around 130 jobs as it battles the effects of the coronavirus pandemic. Announcing its results for the half year ending April 30 2020, the housebuilder said that it would also delay the opening of a new division. The proposed redundancies will bring a saving in overheads …

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