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MJ Gleeson has warned it will incur a material pre-tax loss for the full year owing to a likely shortfall of income from house and land sales.
The group is now scaling back its regeneration and homes business.
Regeneration specialist reports loss on back of reduced sales and costs of cutting staff
UK’s biggest contractor expects normal profit to return next year
Lendlease is principal contractor on scheme
Covid sends second quarter GDP down by more than 20%
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