Vistry says it will work with government on cladding cost levy

By Carl Brown2022-01-12T10:01:00

Housebuilder says profit will be around £345m

Vistry has pledged to work with the government to find a ‘solution’ to cladding costs as it reveals its profit is in line with expectations for the year.

In a trading update this morning, the housebuilder said it was “supportive” of Michael Gove’s plan to force developers to pay £4bn to remediate tower blocks between 11m and 18m in height.

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