Berkeley reservations slip as housebuilder delays sites

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Firm delays launching new developments because of lockdowns

Reservations at Berkeley Group are set to fall by a fifth in the current financial year after the London-focused housebuilder delayed opening sites due to lockdown.

The firm said in a trading update today that it was on course to report pre-tax profit of around £500m for the 12 months to the end of April, as previously indicated.

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