Persimmon turns down government coronavirus help

By Joey Gardiner2020-04-29T08:19:00

Housebuilder alone among volume firms in not furloughing staff or taking state-backed loans

The UK’s most profitable housebuilder has committed itself to not take up any of the government’s coronavirus support measures as it responds to the pandemic crisis.

Persimmon has been alone among the listed volume housebuilders in not furloughing a significant proportion of staff, with the £3.6bn turnover firm continuing to pay all its staff in full even while sites have been mothballed.

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