Briefing: Churchill plans growth despite darkest hour for market

Churchill Retirement Living's Edinburgh Lodge development in Orpington, Kent

The retirement housebuilder is sticking by its plans to double in size despite recent housing market weakness, says Churchill’s chairman and chief executive, Spencer McCarthy.

This week has seen the boss of £200m turnover retirement housebuilder Churchill, the second largest in the country, hit out at the government over its “anti-development” stance towards the industry on cladding and planning reform. You can perhaps understand his frustration: The co-founder of the firm Spencer McCarthy made the comments as he is in the midst of trying to deliver a strategy to double the size of the business, right as the economic picture has darkened.

So, what are Churchill’s plans, and where does the weak post-mini budget housing market and apparent lack of government support leave them?

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